Etheridge’s “Main Street before Wall Street” Rhetoric

For those who did not receive the slick card mailer Bob Etheridge sent at taxpayer expense last week, he had the following to say about his record on putting “Main Street before Wall Street:”

Tough new Wall Street reforms will rein in Big Banks, and their excessive bonuses, end bailouts and stop “too big to fail.”

Reforms will enable you to make informed decisions on home loans and credit cards, and better protect your financial future from Wall Street abuses.

Reducing the deficit and restoring budget discipline to ensure long-term prosperity for future generations.

In May, the Fayetteville Observer similarly reported that Etheridge said we “need to focus on the needs of average working people instead of corporate special interests.”  But as I pointed out at the time, Bob Etheridge took nearly half a million dollars from Wall Street, bankers and the Insurance industry.

Etheridge claims he puts Main Street before Wall Street, but he voted to exempt Wall Street from regulation of their risky derivatives and he voted for the seven hundred billion dollar Wall Street bailout.

If Bob Etheridge truly cared about Main Street he would not have voted for ObamaCare, which puts devastating burdens on many small businesses.  And he would not have voted to give the International Monetary Fund the American taxpayers’ money to be spent to bailout European banks.

Once again, Bob Etheridge’s (taxpayer funded) rhetoric does not match reality.

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