NewburyportNews.com, Newburyport, MA

Opinion

August 6, 2012

Brown a partisan voice for Wall Street and Big Oil

To the editor:

I’m writing to correct Rich Baker’s letter (“Brown is an independent voice for us,” June 23) by pointing out Republican Scott Brown’s real record.

Scott Brown has taken over $2 million in contributions from the securities and investment industry — in short, Wall Street and big banks. Meanwhile, during his time in the U.S. Senate, Brown has worked to water down Wall Street regulations, making our economy less stable. Brown’s work to loosen the rules on Wall Street has allowed these big banks and investment firms to operate like casinos with our money. It played a role, for instance, in JPMorgan Chase’s recent losses on high-risk investments, estimated to potentially reach a whopping $9 billion.

Scott Brown has also taken hundreds of thousands of dollars in contributions from the oil and gas industry. It’s not too surprising, then, that Brown voted this year to protect $24 billion in tax giveaways to Big Oil.

Meanwhile, Scott Brown has actually voted against jobs for Massachusetts! Brown joined his right-wing Republican colleagues to filibuster and kill the American Jobs Act, the Rebuild American Jobs Act and the Teachers and First Responders Back to Work Act. Those three bills alone would have meant an estimated 33,000 jobs for the commonwealth. Unfortunately for Massachusetts families, Republican Scott Brown chose partisanship over leadership, voting to kill those 33,000 jobs for Massachusetts.

Scott Brown has been working out great for Wall Street and the oil companies, while leaving middle class Massachusetts behind.

Mathew Helman

Communications director

ProgressMass, Boston

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