The Truth About Financial Reform

If you've watched any local television lately, you have probably seen an advertisement from the "Committee for Truth in Politics" that is anything but true. Americans for Financial Reform responded to the advertisement in a recent e-mail to its members:

You may have seen this ad from the "Committee for Truth in Politics" on TV that claims that financial reform is really a $4 trillion bank bailout - a claim that doesn't resemble any truth, as Factcheck.org explains. And where did this group get the idea to say black is white and up is down? From a man named Frank Luntz.

Frank Luntz is a pollster for many of the corporations that created our financial meltdown, including Merrill Lynch and bear Sterns. This is the same Luntz whose health insurance reform talking points - on how to best stir up fear and confusion in the American people to derail reform and protect insurance industry profits - showed up across the web and in the mouths of lawmakers. So it shouldn't be surprising that he's at it again, this time writing a 17-page memo on how to kill financial reform.

Learn more by reading Americans for Financial Reform Director Heather Booth's response on the Huffington Post.