Where did the money go?
Last year Congress and President Bush gave Wall Street an
unprecedented $700 billion taxpayer bailout to stabilize the economy.
The first $350 billion has been spent with nothing to show for it. Not
only is the economy getting worse, but the government has no idea what
the banks did with the money.
Please sign our petition urging your Representative to help us Secure America’s Financial Future.
PETITION TEXT
Dear Member of Congress,
I’m
urging you to fix the Wall Street bailout and take steps to guarantee
that it never happens again. Financial reform legislation must include:
•
Accountability: Hold both banks and their regulators accountable.
Require greater disclosure and oversight for all the taxpayer money
they’re spending.
• Consumer Protection: Establish a Consumer
Credit Safety Commission to ensure that credit cards, bank loans and
mortgages are safe for consumers and homeowners.
• Comprehensive
Regulation: Close the loopholes that have allowed investment banks,
hedge funds, insurance companies and others that sell risky,
unregulated products to take advantage of the federal safety net and
taxpayer bailouts without accountability.
Sincerely,
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