Saturday, April 24, 2010

I signed "Break Up The Banks"

Forwarded by Daniel Perez
Check out this petition!
http://www.democrats.com/break-up-the-banks-now?source=perez61%40windstream.net
I signed "Break Up The Banks"

Dear Representative,

America's four largest banks - Citibank, Bank of America, JPMorgan Chase, and
WellsFargo - have assets of /$7.4 trillion/, equal to /52%/ of our entire
GDP.

The collapse of any one would endanger the American economy, even the world
economy. They are truly "too big to fail."

They also have too much economic and political power because of their
enormous size.

As recently as the mid-1990's, their assets were less than 20% of our GDP.

I urge you to support the Brown-Kaufman SAFE Banking Act [1] (S. 3241) to
break up the biggest banks, limit their size, and eliminate the need for
massive taxpayer bailouts of greedy Wall Street giants in the future.

Click here to sign. [2]

http://www.democrats.com/break-up-the-banks-now?source=perez61%40windstream.net
Thank You

[1] http://www.opencongress.org/bill/111-s3241/show
[2] http://www.democrats.com/break-up-the-banks-now

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