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125,000 Strong for Financial Reform

May 6, 2010

Need proof that someone is listening to our call for financial reform?  Look no further than today’s Wall Street Journal and Boston Globe, both of which had pictures and articles about the fight for better consumer protections and financial regulation.

That petition Senator Reid is holding is the one we worked to collect over the last few weeks – and if you signed here or here, your name is in that pile!  We worked with AFR’s coalition to collect signatures across the country and ended up with more than 125,000 names in support of financial reform.  In addition to being sent to your Senators, we sent the entire packet to Senator Reid to show him just how many people support strong and comprehensive financial reform.

The fight’s not over yet, though – click here to call your Senators toll free and remind them that as they vote on the bill’s amendments, you’re counting on them to stand with Main Street, not Wall Street.

Our friends at US PIRG have made a great video about the petition delivery, which you can view below or by clicking here.

(Photo: Wall Street Journal)

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6 Comments
  1. Vicki Brown permalink
    May 11, 2010 11:19 am

    When are the CEO’S, CFO’S AND BOARDS OF DIRECTORS OF THESE BAILED OUT FAILED COMPANIES GOING TO JAIL?

    WIDESPREAD FRAUD WAS COMMITTED AND EVERYONE WALKS FREE WITH BILLIONS IN BONUSES WHILE WE THE TAXPAYERS CAN’T GET LOANS AND CAN’T FIND JOBS!

    WE WANT INDICTMENTS!!

  2. Vicki Brown permalink
    May 11, 2010 11:20 am

    THE TAXPAYERS OF AMERICA WANT BACK EVERY DIME PAID IN BONUSES TO THE TARP RECIPIENT COMPANIES.

    ISSUE AN EXECUTIVE ORDER!

  3. Ben Emery permalink
    May 11, 2010 11:53 am

    Vicki,

    The reason nobody is going to jail is because everything the banks have done has become legal in the last 20 years. Mainly the Commodities Future and Modernization Act of 2000 and the Gramm-Leach-Bliley Act of 1999 have allowed the banks to have free reign.

    In the S & L crisis of the 1980’s over 1,000 people went to jail because the laws were still in place to protect the people. Today our congress is a subsidiary of big business and the legislation that is passed will almost always favor or give big business a pass.

    It is time we went to Public Financing of Campaigns and Insant Run off Voting. Those who control the purse strings of campaigns and elections controls our elected representatives.

  4. Ben Emery permalink
    May 11, 2010 12:00 pm

    I say Break them up, especially goldman sachs.

    Read this long but great article by Matt Taibbi

    http://www.rollingstone.com/politics/news/;kw=%5B3351,11459%5D

  5. Ingrid Czichomski permalink
    May 12, 2010 5:49 am

    WIDESPREAD FRAUD WAS COMMITTED AND EVERYONE WALKS FREE WITH BILLIONS IN BONUSES WHILE WE THE TAXPAYERS CAN’T GET LOANS AND CAN’T FIND JOBS! THROW THEM IN JAIL WITH ALL OTHERS WHO HAVE COMMITTED FRAUDS; MAKE SURE THE ARE WITH THOSE WHO HAVE LOST THEIR SAVINGS, OR COULD NOT GET THAT DESPERATELY NEEDED LOAN.

    WE WANT OUR MONEY BACK FROM BONUSES AND INDICTMENTS!!

  6. May 13, 2010 3:09 pm

    In response to “Why no one has gone to jail” The acts that were done that are on the surface were made legal by the illimination of the Glass Steagle Act and other changes. What most Americans don’t know is that has gone on inside the pools that our loans sit in. My husband and I are some of a hand full of folks across America that do Pooling audits. The fraud is unbelievable to the point that we believe it is Racateering (RICO). Wall Street is working hard to keep this info quiet but it is surfacing and I believe some folks will be going to prison. This is one of the reasons that Wall street is on a fast track to take our homes before it can be discovered.

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