John,

We are just one day away from our end-of-month fundraising deadline and as
you know, at Democracy for America we work to elect leaders that fight for
the interests of people, not corporations.

[ [link removed] ]That means, our funding relies 100% on you and the rest of our powerful
grassroots members to deliver the resources we need to win. Please
contribute $21 for 2021 right now and help us hit our critical end of the
month goal.

The last few days have shown precisely why that matters. We saw corporate
talking heads all over the media look down on people that used Reddit to
discuss stocks like Gamestop. Ridiculing THEM for doing what is basically
the exact same thing THEY do.

Some brokerage firms, like the now clearly misnamed “Robinhood” trading
app, even prevented their users from buying more shares of Gamestop,
because it was costing Wall Street hedge funds too much money.

This isn’t new. Regulators have allowed hedge fund billionaires to game
the system in their favor at the expense of everyone else for years.
Finally, thanks to real people on Reddit, this kind of market manipulation
is being exposed on a grand scale.

There was a time when Wall Street always won. That time is over thanks to
critical progressive leaders, like Elizabeth Warren, Alexandria
Ocasio-Cortez, and Katie Porter, who take on Wall Street and hold them
accountable.

But let’s be clear, Wall Street doesn’t back down. They’re coming after
progressive heroes, and they are desperate to stop us from electing even
more. We’ve beat them before and we’ll beat them again, but only because
you’ve always had our back.

You’ve made victory possible and now, we need you to do it again. Make a
contribution to DFA now before our end-of-month deadline to fund our work
to elect candidates that will regulate Wall Street.

If you've saved your payment information with ActBlue Express, your
donation will go through immediately:

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Look, you don’t have to get too deep in the world of finance to know that
what took place this week is the direct result of the maleficence of Wall
Street tycoons, not working people collectively buying a few shares of
GameStop and AMC.

Here’s a simple way to understand what happened:

* Wall Street hedge funds expected Game Stop, a brick and mortar
retailer struggling in the pandemic, to fail. So they bet against it.
* Only unlike regular people, hedge funds were able to leverage more
than 10 times the value, amounting to 140% of Game Stop’s total market
capitalization, and put billions of dollars on the line.
* When regular people unexpectedly invested in the stock and sent the
price soaring, hedge funds that bet Game Stop would fail were caught
holding the bill and took billions of dollars in losses.
* In reaction, trading firms and apps used by regular investors
protected Wall Street hedge funds by stopping investors from buying
more Game Stop stock.

Okay, get all that? Here’s the thing… market manipulation isn’t legal and
it’s hard to imagine how to describe what happened any other way. That’s
why progressive Members of Congress immediately called for an
investigation into what laws were broken, who must be held accountable,
and what regulations need to be changed to keep it from happening again.

DFA is not funded by billionaires hedge funds or Wall Street; we depend on
you.

With your support, we can continue to elect progressive fighters like
Elizabeth Warren, Katie Porter, and Alexandria Ocasio-Cortez; leaders that
take on Wall Street and win. But building multiple winning campaigns in
the fight against candidates funded by Wall Street takes a ton of
resources. Please contribute what you can now and give us the resources to
fight back and win.

If you've saved your payment information with ActBlue Express, your
donation will go through immediately:

[ [link removed] ]Chip in
$5
now

[ [link removed] ]Chip in
$25
now

[ [link removed] ]Chip in
$50
now

[ [link removed] ]Chip in
$100
now

[ [link removed] ]Chip in
$250
now

[ [link removed] ]Another Amount

While we proudly rely on grassroots donors to fuel our mission,
Republicans and Wall Street Democrats have no problem taking millions of
dollars from hedge fund billionaires to fund their campaigns.

We will need unprecedented levels of grassroots power -- people, time, and
money -- to combat the money they are already raising.

With numerous local, state, and federal campaigns taking place in the next
few months, we’re laying the foundation for victory right now. We can’t
wait for next year.

That’s why your contribution is so important today because, with your
support, we will beat Wall Street candidates in Congress and on Election
Day.

Thank you for everything you’re doing to move America forward.

— Charles

Charles Chamberlain, Chair
Democracy for America






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