(March 8, 2005 -- 2:20 PM EDT)

The credit industry lobby wrote this bill and is doing everything in its power to see that it passes. And it has a lot of power.

Since 1989, the industry has contributed more than $40 million to candidates and parties that promise to toe the industry line. The senator who has raised the most in her career from the industry is Olympia Snowe (R-ME). Snowe has brought in over $316,000 from the credit industry, most of it from the political action committee of MBNA, the nation's top credit card issuer. To make matters worse, Snowe's husband, former Maine Governor John McKernan, has worked as a paid consultant for MBNA. For more info on the political power of the industry, visit this site.

Olympia Snowe is a moderate Republican who has, during her career, won victories for middle class women. Today she plans to sell them out for a measly $316,000.

Let her know that that's wrong - and that it's a political mistake. Encourage her to vote NO on cloture and to represent Maine residents and American families, not MBNA.

-- Spencer Ackerman