The British Are Coming!
Last night marked an important, though often forgotten anniversary in American history. It was “the 18th of April in ‘75” — 1775 — when an ordinary artisan, a silversmith named Paul Revere, rode his horse through the night “to spread the alarm to every middlesex village and farm” that “the British are coming.” Within hours, the first shots of the American Revolution were fired at Lexington and Concord.
241 years ago marked the start of a political revolution against monarchy and aristocracy. Our American ancestors fought for an idea — democracy — and a political system that would recognize that all human beings are created equal with the inalienable rights of life, liberty, and the pursuit of happiness. Today we are once again part of a political revolution against arbitrary rule — against what President Franklin Roosevelt referred to as the financial aristocracy. Once again, we are insisting there be “no taxation without representation.”
Unfortunately, this is what we see today: a financial aristocracy that taxes us in big and small ways, while buying off our representatives. We have a rotten system in which Wall Street rules and the biggest financial institutions rig our political system and rig our economy. They pick our pockets every day and exploit the weakest in our society.
I have been fighting Wall Street my entire career — since first serving as a legislative aide in the 1980s to the late U.S. Senator Paul Tsongas, a Democrat from Massachusetts, the birthplace of the American Revolution. And I am fighting against Wall Street in this campaign.
Some have asked me why my opponent Debbie Wasserman Schultz is shilling for the auto loan and payday loan industries. Yes, she has taken tens of thousands of dollars from these lenders. But that’s not a large percentage of the millions of dollars she has taken over the course of her political career from the largest corporations. The answer becomes more clear when we follow the money. It’s the Wall Street banks that fund these auto loan and payday loan companies. They provide lines of credit and they purchase the underlying loans to bundle and package into securities — just as they packaged subprime mortgage loans into the mortgage-backed securities that crashed our economy in 2008. Once again, with Wasserman Schultz’s help, Wall Street is making big profits off the misery of others. Meanwhile, she has been taking hundreds of thousands of dollars from these Wall Street banks for her campaign committees, her DWS PAC, and at the DNC. Once again, a financial aristocracy owns our representatives in the legislative branch, and once again we suffer taxation and exploitation without effective representation.
Thank you for being part of today’s political revolution and for insisting that all men and women are born free and created equal. Equality, Liberty, Justice, and Humanity — these were the high principles that guided our ancestors and that guide our campaign and political movement today.
Very truly yours,