Banks Consider Running TV Spots Against Proposed Consumer Financial Protection Agency

Banks Consider Running TV Spots Against Proposed Consumer Financial Protection Agency

Remember Harry and Louise? I don’t, but apparently they were a fictional couple in an early-90s TV commercial, produced by the insurance industry to help sway opinion against the Clinton health plan. Now banks and other financial companies may be pooling resources to create a new “Harry and Louise” style ad to convince Americans that Obama’s proposed agency to monitor abusive financial practices will limit choice and ruin lives.

http://consumerist.com/2008/07/10/the-senate-passed-the-fisa/

The Senate passed the FISA bill today, which effectively puts an end to any chance of legal repercussions for telcos who helped the government spy on citizens. Senator Obama voted for it, Senator McCain didn’t vote, and Senator Clinton, for what it’s worth, voted against it. Find out how your senator voted here. [TechCrunch]

Attention: The Subprime Meltdown Will Be Politicized

Attention: The Subprime Meltdown Will Be Politicized

The subprime meltdown has made its way into campaign speeches, thanks to one Sen. H. Clinton (D-NY).