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Newsroom
April 29, 2010 Coming Soon: Wall St. Luntz's Latest Talking PointComing soon to a set of Republican talking points near you: Wall Street consultant Frank Luntz’s latest brainstorm about how to protect the interests of Wall Street. If Republicans want to adopt the latest spin from their favorite Wall Street consultant and argue against forcing big banks and Wall Street firms to pay for breaking up failed firms, that’s their choice. They are already trying to gut Democrats’ proposed Consumer Financial Protection Agency, which would protect consumers against exactly the kind of abusive practices Luntz describes. But adopting another talking point from a political consultant who works for big banks like Bear Stearns and Merrill Lynch would be just another of the many ways in which Republicans are standing up for Wall Street over the middle class. If Luntz says lots of candidates will be using the phrase “checkbook tax” to describe the alleged fees that will be passed on to consumers, we should take him at his word. In a sense, this represents an evolution in Luntz’s thinking, and even possibly a concession on his part. In his much-discussed original memo intructing opponents of finanial reform on how to talk about it, he urged them to use the phrase “taxpayer-funded bailouts,” ignoring the argument altogether that banks, not taxpayers, are funding the bank liquidation fund. Now Luntz is at least acknowledging this argument — but he’s replaced it with the new claim that taxpayers will still pick up the tab when big institutions pass on costs in the form of a “checkbook tax.” It’ll be interesting to track the evolution of this talking point and to see if candidates start using it on the trail.
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December 1, 2010:
The Senate will convene at 9:30 a.m. Following any Leader remarks, there will be a period of morning business with Senators permitted to speak for up to 10 minutes each. The Republicans will control the first 30 minutes and the majority will control the next 30 minutes.
To learn more about career opportunities at the United States Senate, please visit the following links:
US Senate Virtual Reference Desk: Employment Senate Placement Office and Employment Bulletin Senate Employment Bulletin (pdf) Place your resume in the Democratic Resume Bank
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