April 27th, 2010
03:31 PM ET
10 years ago

Liberal group targets Democrat on financial reform

Washington (CNN) – A liberal advocacy group is taking aim at Sen. Ben Nelson, D-Nebraska, for voting "no" Monday on the Democratic leadership's financial regulatory reform bill.

Angry by his decision to side with Republicans on this vote, the Progressive Change Campaign Committee announced Tuesday that it is running Internet ads on Nebraska news sites against Nelson.

While his vote was not decisive in stalling the legislation, it does provide the GOP with a key talking point that there is bipartisan opposition to the bill.

Nelson sought to explain his vote "no" vote by saying that it doesn't mean he is opposed to the bill, rather he just wanted to read the legislation first.

"I cannot support proceeding on a bill I haven't seen, but no one should view my vote today as an indication that I won't support the bill currently being negotiated by the Banking Committee," Nelson said in a statement Monday after the vote. "I look forward to seeing what the Committee develops on a bipartisan basis with Republicans, then I will have something concrete to consider. We need to regulate Wall Street without doing harm to Main Street, and I'm hearing from Main Street businesses in Nebraska that have concerns about the current bill adversely impacting them."

This is not the first time that PCCC has targeted Nelson. It ran television ads last year to try and pressure him to support health care reform.

"Democratic politicians need to understand that even in socially conservative states like Nebraska, economic populism is a big political winner," said PCCC co-founder Adam Swartz. "Ben Nelson's vote with Wall Street and for the continuation of taxpayer bailouts is a huge political loser and we're going to make sure he learns that lesson. Hundreds of thousands of Nebraskans will see our ad shaming Ben Nelson."

A spokesperson for PCCC says that for every $1000, the group can reach 100,000 people in Nebraska online. In the first couple hours of online fundraising today, the group claims that they raised $5,000.

Filed under: Democrats • Wall Street
soundoff (28 Responses)
  1. Ken in NC

    Sen. Ben Nelson, D-Nebraska is not a RINO. He is a DINO (Democrat I Name Only). Put him in a tanning bed and send him to Arizona.

    April 27, 2010 03:36 pm at 3:36 pm |
  2. marlene the dream

    Um . . . you what?
    Oh, I see . . .well then what's the deal with voting either way – why not yes?
    It's a little late to start backpedaling now, dude.

    April 27, 2010 03:47 pm at 3:47 pm |
  3. Dominican mama 4 Obama

    Good! Everybody should get on these Democrats, especially the ones that prevented the magic 60 vote from going through.

    What,, one must wonder, will it take for these people to realize that the only hope of getting anything done FOR this country lies with them? I say stop letting the Republicans threaten you and LET THEM FILIBUSTER ON CAMERA!!!! Let's see how they will play past that come November. But you guys cave in like the proverbial house of cards at the mere forecast of light winds.

    The country is SCREAMING for financial reforms, for jobs, and you guys are hiding behind Obama and NOT getting anything done because you're woosies. And that's NOT the word I wanted to use!

    April 27, 2010 03:48 pm at 3:48 pm |
  4. Sniffit

    "Bipartisan opposition" does not mean 42 Senators, 41 of whom are GOPers and 1 of whom is a Dem (or some such similar breakdown). That's blatantly absurd (which is probably why the GOP keeps saying it)...and the "news" media shouldn't be encouraging that kind of blatant obfuscation and mendacity by treating it as though it makes sense for the GOP to make the claim. I say that, but we all know journalistic integrity died with Cronkite. Nelson has been siding with the GOPers from the get-go...all to get something in return for coming back to the Dems and voting with them. What does he want this time? I say this time the only thing he should get is more advertising against him and a cold shoulder from the rest of Congress.

    April 27, 2010 03:53 pm at 3:53 pm |
  5. Me! In Houston, Texas

    Sen. Ben Nelson, The Democrat from Nebraska, His name should be on everybody's lips.
    Let's be clear. The vote yesterday was to bring the item to debate on the floor of the Senate.
    Ben Nelson didn't vote against the bill. Ben Nelson voted against bringing the item to debate. We couldn't even begin discussing the legislation.
    I wonder how much they paid him.
    What is Senator Ben Nelson's 30 pieces of silver?

    April 27, 2010 03:56 pm at 3:56 pm |
  6. Obama the liar

    the loons on the left are in a free fall, their socialist agenda under the 'chosen one' is in a death spiral....HURRY November

    April 27, 2010 03:57 pm at 3:57 pm |
  7. Dutch/Bad Newz, VA

    Get the Blue Dogs out. You must have seen this coming senator. Now you've put yourself in the same boat as your Blue Dog colleage Blanche Lincoln. You will be primaried.

    April 27, 2010 04:00 pm at 4:00 pm |
  8. Lucy, Austin, Tx

    Gee, it wasn't "no", he just needed more time to read the bill. After all, he had to make several trips to the bank to cash all his checks from the wall street lobbyists.

    Isn't it time to provide each and everyone of our Congressmen a written job description. Reading and passing legislation was what I thought should be a the 1st priority of your job as a Congressmen. Here's a hint...your state did not elected you to sleep with lobbyists and sell your state's vote to special interest lobbyists.

    April 27, 2010 04:00 pm at 4:00 pm |
  9. Anonymous

    The state of Nebraska will not elect anyone more liberal than Nelson. If liberals want to take down Nelson, they will give this seat to the Republicans.

    April 27, 2010 04:01 pm at 4:01 pm |
  10. Coaster

    The left-wing and right-wing lunatic fringe is destroying this country with their foolishness. Both are so caught up on nonsense that they can't see what real problems are, and when confronted with the real problems, refuse to believe they are not conspiracy theories put out by the other side!

    Isn't there something about being protected from the tyranny of the minority? These two need to hate each in order to exist. Where are the citizens who see through both sides...you know...that centrist bunch that neither side can stomach because we might just get some problems solved?

    April 27, 2010 04:02 pm at 4:02 pm |
  11. Sniffit

    "Like most East Coast elites educated (I use the term loosely) at Ivy League schools they lack a sufficient grasp of the English language to provide a civilized discussion of the situation. All you have to do is read the articles and posts on such sites as Huffington, MoveOn, etc.."

    Frack you, buddy, the word was from Goldman Sachs, not Levin...you know, seeing as how it was from the email he was reading...you'd know that if you read the article, genius. And yes, I guarantee you the GS people were likely Ivy educated, but the likelihood that they are Dems is substantially lower. You can cite to the amounts received by various candidates from EMPLOYEES of GS, but the reality is, the reason they're bitter now is because they thought they had purchased themselves a POTUS and Congress who would refrain from cracking down on their financial system abuses...and now they've found out that they were WRONG.

    April 27, 2010 04:04 pm at 4:04 pm |
  12. GI Joe

    He's a DINO – vote him out. He lies and deceives people much like Grassley, McConnell, and the other sneaky snake republicans.

    April 27, 2010 04:07 pm at 4:07 pm |
  13. ib

    Finally a democrat does something right and here comes the far left putting them down. I wished there were a lot more that had the guts to stand up to the far left.

    April 27, 2010 04:12 pm at 4:12 pm |
  14. Beverly H Tatum

    Good – go after traitor Ben and traitor Lincoln. They are the reason we had to delay healthcare down to a reconciliation process. They are greedy corporatists – sounds like Republicans and their do-nothing strategy for America to fail.

    We need to take out all anti-American members of the Senate and the Congress – in other words- the lying, hate and fear-monering, racist Republicans who support lunatic tea baggers who are armed, dangerous, ignorant racists, and 3 of whom who have been arrested by the FBI for making death threats against Democratic leaders.

    Republicans are AGAINST the People and AGAINST America. They are traitors and un-American and not worthy of public office.

    BTW – Levin cursing was him quoting the Goldman Sachs internal emails to each other – let's get the facts right. We have enough lying from Republicans to last a lifetime.

    April 27, 2010 04:12 pm at 4:12 pm |
  15. mother in pa

    Who would want to be a politician? There is no civility and the new law of the liberals and democrats is to bully until you get your way. A lesson well learned from the president himself.

    April 27, 2010 04:14 pm at 4:14 pm |
  16. haren

    You can not go wrong when you study a man's face.
    He is crook and dishonest.

    April 27, 2010 04:19 pm at 4:19 pm |
  17. mkhga

    Can we safely say this group is advocating acting for political gain rather than good judgment? Seems obvious they do in this case, but if this were a conservative politician doing so would be despicable. Anyone else see special interest involvement? Lobbyist pressure?
    "Democratic politicians need to understand that even in socially conservative states like Nebraska, economic populism is a big political winner," said PCCC co-founder Adam Swartz. "Ben Nelson's vote with Wall Street and for the continuation of taxpayer bailouts is a huge political loser and we're going to make sure he learns that lesson. Hundreds of thousands of Nebraskans will see our ad shaming Ben Nelson." Solve the problem, elect 'limited government' candidates in November. Where Congress does not legislate, no power to influence exists. We need a Congress that regulates commerce rather than trying to create, manipulate and manage commerce

    April 27, 2010 04:20 pm at 4:20 pm |
  18. PalmReader

    Is it just me or do all the Goldman Sachs executives have that snarky, we could give a crap look . . . Must be they all know the GOPers have their back covered for them?

    It isn't just Ben Nelson, although, yes, he is a drag. Come on, GOPers, get a grip on reality. You aren't taking your ball and going home on this legislation, guys. Not at all.

    April 27, 2010 04:21 pm at 4:21 pm |
  19. Four and The Door

    Ben has been programmed not to give a yes vote without something in return. C'mon Harry, what can you give Ben to take home to the good people of Nebraska for a resounding YES vote? Maybe a Senator Ben Nelson Bridge in downtown Lincoln? That will get you to the other side if you know what I mean...

    April 27, 2010 04:22 pm at 4:22 pm |
  20. Capt. Snarky

    Ben got his nose rubbed pretty good about the "cornhusker Kickback". I'm sure if the Dems would fill in some of the LOOPHOLES in this bill, Ben and maybe even a few of the R side of the aisle would vote for it. As it is, though, it is just like the HealthScare bill – i.e. Not good reform.....

    April 27, 2010 04:27 pm at 4:27 pm |
  21. Dano

    Senator Nelson you aren't going to get any special deals by holding out so you might as well vote for the legislation if you are indeed for financial reform, otherwise vote with the GOP on this issue and face your constituents' wrath.

    April 27, 2010 04:28 pm at 4:28 pm |
  22. Schuler

    Wants to read the legislative material ?Where has he been.?Under a rock?This is the quality of legislators some states send to Washington?Phoney as the excuse as the dog ate it .

    April 27, 2010 04:30 pm at 4:30 pm |
  23. Ghost of Tom Joad

    What Nelson doesn't tell you is that he voted No because he is doing the bidding of Warren Buffet. I have no problem with moderate Democrats like Blanche Lincoln, but Nelson just seems to relish sticking his finger in his party's eye over and over again. I say that the DSCC should refuse to give him dime for his re-election campaign and let him go down in flames. I'd rrather have a GOPer in the seat than constantly have to kowtow to ole' Kickback Nelson.

    April 27, 2010 04:41 pm at 4:41 pm |
  24. Givemeabreak!!!

    Guess Mr Ben did not get enough payout from the health care bill so now he is holding out for more on the wall street bill.

    April 27, 2010 04:47 pm at 4:47 pm |
  25. malabar

    Wow, nelson actually wanted to read it b4 he voted yes. showing any kind of substance or integrity is political suicide these days. guess he has sumthng 98% of senators dont- a conscience. the actions and hate speech frm both parties helps drive record #s of people to become independents. politicians work to represent indpendnts, whereas dems and repubs work for their politicians

    April 27, 2010 04:50 pm at 4:50 pm |
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