The People's Email Network Last 25 Messages Transmitted Log Go Back Pass Real Financial Reform Now ********** [081155:022514] C.W., Columbia, TN All of the bank mergers had to be approved by a federal agency who should have seen the danger and damage that would happen when the banks were allowed to merge into a few super banks. This was clearly evident by the super-bells, rail-lines and energy companies as well as the mega oil monoliths. Price collusion and abuse of the public invariable happens and should never be allowed to take place. They should all be broken up into much smaller entities and be forced to maintain viability just like a household but not to have monopolistic power in any area, as competition helps keep them honest and run a balanced budget with plans for maintenance and expansion so they can stay competitive in the market. The Federal Reserve should be totally disband as well, due to their mega influence in the downfall of the international financial market. They have nothing to substantiate the "money" they create but thin air and then charge huge interest for that air. If banks had to hold 100% reserves for the money they lend, rather than 10%, we wouldn't find bank collapse a possibility The government allowed them to become too big and is responsible for making them smaller - say limiting them to no more than $10 billion in assets. ********** [150307:091610] N.S., Tulsa, OK Five Amendments Are Mandatory For Meaningful Financial Reform!!! ********** [152735:061710] J.P., Cottonwood, AZ History will judge you as complicent if you don't act soon. ********** [074816:061410] S.G., Hamilton, OH My Dear Politicians, Per usual you represent the few: The greedy, the wealthy due to their greed and, the verging on the edge of monstrous criminality against your constituents. This country is doomed. The populace is not stupid. We look at how you vote, who are your lobbyists and what your favorite pork pile is. You may have the back of the banks etc. But there are nore of us than they. Think about where the MAJORITY of your votes come from. ********** [164149:061110] A.G., Santa Rosa, CA Mr. President, I implore you to put some shoulder into the passage of each of the listed amendments to the financial reform bill. Your credibility as a leader for hope an change is at stake as well as the future of your administration I believe. ********** [111844:052410] B.R., Sherrill, IA Please do right for your people you are representing and vote for the the reform billswhich will help save our country ********** [092129:051810] F.L., Odenton, MD Bring them under total control NOW. They were given the tip of a finger and took the whole arm. The Greed has to be stopped NOW. ********** [130341:051710] E.S., San Francisco, CA Profit over people by corporations is understandable (even though unconscionable) given the present incentives of our market system. Support of those corporations at the expense of taxpayers is not. We voted for you in the belief that you would run the government for us... the people. Please do so. ********** [161219:051310] E.G., Modesto, CA The top 25 hedge fund players have made $25 billion on US tax-payer bailout money. What a disgrace! When will our representatives stop Wall Street casino-like gambling? Ralph Nader has been warning us about this for years. The ultra-wealthy skim the profits off the stock market as well. Regulations are needed to tax agressively short term market gains, disallow offshore schemes to cheat on taxes and stop the banks from gambling with money they do not have. Let's get to work! ********** [170936:051210] M.M., Tolland, CT Relace the Glass-Steagall Act ********** [075407:051110] T.H., Sedona, AZ Fix This HUGE MESS NOW!!! ********** [065929:051010] J.A., Ballston Lake, NY We should have regulations so our taxes do not go the big banks, when they fail again. ********** [060702:050910] D. ., Jaffrey, NH Absolute minimum needed for reform if we have any hope of reclaiming our democracy. The current plutocracy isn't sustainable. ********** [193708:050810] D.S., Colorado Springs, CO Congressmen: Please do the Right Thing. Vote for real financial reform by voting for the five reform bills that will correct our financial future. ********** [111414:050810] R.B., Byers, CO I could tell you why these amendments are vital to restoring our economy to long-term health, or why they're good for not only America, but the entire world, or I could present an overview of the financial collapse and highlight everything that the banks did to deserve these regulations, but I know politicians are concerned primarily with politics above and beyond any of these arguments. So here's the political situation for you: The economy's headed down again, and though you may not believe it at the moment, it will continue to do so until all the bubbles that have been created over the past 30 years have popped and the economy is severely depressed. If and when you come to realize this in the future, remember that the bulk of public political support will be thrown behind any politician who tries to seriously implement financial restrictions and regulations much like these. Any politician who is seen as caving to the will of the international bankers will see their career end faster than the banks' profits will. Consider that over the next few months as the economic situation develops, and see if you can't find some motivation to back these amendments and create a few more. The sooner you do this, the safer your political future will be. ********** [101833:050810] G.S., Scotland, CT We, the people, have asked for your help. In all due respect, please honor the request. It is time for our representatives to act in the public's concern. ********** [190401:050710] D.D., Chapel Hill, NC HISTORY IS NOT MOCKED. THE ANCIENT RULES STILL APPLY. TEN MINUTES AFTER BEING SWORN IN AS A SENATOR OR CONGRESSMAN, NEARLY EVERY AMBITIOUS HUMAN IMMEDIATELY LOSES THE ABILITY TO INTERPRET THE EVIDENCE OF THEIR OWN SENSES. BECAUSE POWER IS A DRUG SO THRILLING AND SUBTLE THAT IT'S USERS DON'T EVEN KNOW THEY'RE STONED. CONSEQUENTLY, FROM WHERE YOU SIT, YOU CAN HAVE ABSOLUTELY NO IDEA OR CLUE HOW UTTERLY FURIOUS THE AMERICAN PEOPLE ACTUALL7Y ARE WITH THE C0NGRESS - YOU INCLUDED. THESE TIMES ARE AS CORRUPT AND INFURIATING AS THE DAYS OF THE BIG TRUSTS, WHEN THE CONGRESS WAS PAID OFF IN EXCHANGE FOR PERMITTING FIVE UNELECTED MEN TO RULE AMERICA. THEN CAME THE SHERMAN ACT (COURAGE) AND THE END OF THE GRAVY TRAIN. WHETHER REPUBLICAN OR DEMOCRAT ("DEMUBLICAN" OR "REPUBLICRAT") NATURE'S OLD RULE IS BACK - "CHANGE OR BE CHANGED." VOTE FOR THESE MEASURES OR GET READY TO MOVE INTO YOUR NEW JOB, EVEN IF IT'S A SINECURE PROVIDED IN ADVANCE BY SPECIAL INTERESTS. ($$$) BUT AT LEAST NOT STANDING BETWEEN THE SOVEREIGNTY OF THE AMERICAN PEOPLE AND THEIR RIGHT TO GOVERN THEMSELVES. GO AHEAD. SHOW SOME GUTS. DO THE RIGHT THING. YOU'LL BE GLAD YOU DID. GOOD LUCK AND ALL THE BEST, GOOD LUCK ********** [164606:050710] C.B., Fort Lauderdale, FL THIS IS DEDICATED TO GOP LOOSERS WHO LICK IT IN MENS ROOM, LOVE THEIR BURKA WEARING FRIENDS and WHO ALSO LOVE COMMUNISM. F DEMS TOO. GOD BLESS AMERICA. WHO TOLD AIR FORCE TO STAND DOWN ON 9-11? WHO RELEASED THE 5 ISRAELIE AGENTS THAT THE NEW JERSEY POLICE ARRESTED FOR BLOWING UP TWIN TOWERS? WHO ORDERED THE BOMB SNIFFING DOGS OUT OF TWIN TOWERS 1 WEEK BEFORE 9-11? WHO ORDERED TERROR DRILL BY FEMA 2 DAYS BEFORE 9-11 IN MANHATTAN? WHO KILLED PAT TILLMAN and DESTROYED THE EVIDENCE? WHY DOES THIS GOVERNMENT ARREST INNOCENT AMERICANS, TASER THEM and KILL THEM FOR DISSENT OR LOOKING INTO THE EVIDENCE OF 9-11? MY NAME IS ON THIS IF YOU DO NOT LIKE IT, DON'T CRITICIZE ME JUST ANSWER QUESTIONS. REMEMBER YOU WILL FALL HARD. I NOTICED A VERY FEW NASTY CRITICS, APPARENTLY THEY DO NOT LIKE FREE SPEECH. ONE PIECE OF ADVICE, I AIN'T MICHAEL MOORE, I AM FROM DETROIT and LIKE MY BOYHOOD IDOL JIMMY HOFFA I GOT TWO FISTS and ATTITUDE TO MATCH, SO UNLESS YOU GOT 9 FRIENDS PACKING and PRE-ARRANGED FUNERAL, DON'T WASTE THE GAS, CAUSE I WON'T BREAK A SWEAT. OH YEAH DON'T FORGET YOUR BABY SEALS FROM BLACKWATER. LETS PARTY, PERSONALLY I LOVE VIOLENCE, BUT I DON'T PICK ON WEAK. ********** [090344:050710] C.R., Venice, FL If the banks should fail again, there is not enough money left in the government to bail them out again, even if we wanted to. The American people do not want their tax dollars spent to bail out banks. Stop the bleeding!!!!!! ********** [181511:050610] C.H., Maple Valley, WA Bring back the Glass-Steagall, repeal the 1999 Gram-Leach-Bliley Bill, or the Financial Services Modernization Act of 1999. Stop big corps from being able to take credit for being God by allowing them to take out patents on seeds and human genes! Remember that money was meant as a medium of exchange, not a way to suppress and take advantage of people and the planet. ********** [200104:050510] W.S., Santa Monica, CA These 5 amendments will make the difference between the phrase "financial reform" and actual financial reform. If the big banks are not broken up, there is no way to guarantee the end of "too big to fail." ********** [135305:050510] P.B., Westminster, MA From Enron to the current finance/banking debacle, the message is very clear: De-regulation was a tragic mistake, its time to put controls back in place. ********** [124851:050410] L.J., Oakhurst, CA If the Senate wanted real reform of Wall St., they would require a return to the Glass-Steagall Act's separation of commercial banking and speculative investment gambling by the banks with other people's money. In addition, derivatives trading must be regulated and transparent. The Brown/Kaufman amendment to break up the too big to fail banks is also essential to prevent another taxpayer bailout--we taxpayers don't have the money even if we wanted to bail them out. The Ron Paul and Bernie Sanders amendment to the financial reform legislation in the Senate will provide a much-needed audit to the workings of the Federal Reserve which has been operating in the shadows far too long to the benefit of Wall St. Finally, a Consumer Protection Agency must be able to operate independently of the Fed to provide stability to our economy and real protection from the next impending bubble. ********** [123055:050410] S.K., Stamford, CT After an earlier hands-off govt. enabled the last crash and the Great Depression, FDR and congress put all sorts of financial and market regulation in place. Regulations are limit-setting. Limits kept 'em honest! But memories are short, so we began DEregulating again. Now we've just come out of a period of more and more DEregulation--- culminating in the inevitable crash once again. Isn't it obvious? We need to restore those financial and market regulatory limits! It's high time! ********** [112924:050410] W.B., Arden, NC We need to get back to the banking regulations we had before President Reagan! ********** Go Back