In addition to writing to your elected officials, you can make a difference in the fight for financial reform by submitting a letter to the editor of your local paper.

Click here to easily connect with local newspapers, and then submit your own version of the letter below.

The Honest Truth

I, as I’m sure did many others, saw a new ad by the “Committee for Truth in Politics,” and thought for a minute that I had somehow been transported to DC Comics’ Bizarro World, where up is down and black is white. The commercial seems to attack President Obama’s plan to rein in the big banks, end abusive practices by the credit-card and mortgage industry, and ensure that taxpayers will never again have to bail out Wall Street.

But that is not the impression the ad gives and because reforming our financial system can get technical, it’s also ripe for distortion.  It is too easy to make totally false claims about what’s actually in the legislation and expect that you will get away with it.  That’s why it’s so important to separate what the reforms will really do from the upside-down claims protecting the interests of the industry the legislation is designed to regulate.

Real financial reform will protect working families and small business by reining in the greedy, reckless behavior of big banks on Wall Street. Reform will crack down on the abuses by credit card companies and mortgage lenders.  Financial reform will hold Wall Street accountable and prevent another financial crisis like this one, which has led to 8.4 million Americans to lose their jobs. And that’s the truth in the politics of financial reform.

(Photo: kpwerker)