Congress, Stop Your Fat Cat Shenanigans! Congress keeps getting caught dancing with the big banks and every other dominating corporation     - we have a subsidized tax system that benefits the mega-corporations and conglomerates, and tax loopholes and individual mandates which lock in expensive private healthcare are written into legislation by lobbyists and industry insiders themselves. As Senator Chris Dodd, the head honcho of banking legislation is planning a retirement into a lobbying career, a financial lobbyist said that Dodd is now free to "dance with the special interests that brought him to the dance in the first place. Us, his loyal donors in the banking community.” As Dodd enters his last dance in Congress and tries to push through financial industry reform, he's starting to cave into his lobbyist friends.   Can we allow Dodd to dance with the big banks while we, the taxpayer, are paying his Senator's salary? Tell him and other banking committee members to stop dancing with the big banks on our dime.

June 19, 2013 Subject: Dear Legislator, Financial industry lobbyists are saying that Senator Dodd will dance with the banking community as he gets ready for retirement or a lobbying career. The Senate Banking Committee must instead stop allowing the largest banks to distort the market and our regulatory system. I strongly support an independent, democratized regulatory system that includes a consumer protection measure, like the Consumer Financial Protection Agency. We urge you to stand up for those of us who have suffered during this Great Recession because of the greed and recklessness of the big banks. Don't let Wall Street water down your bill! Keep regulatory measures independent and strong, don’t fill it with loopholes that serve to move money away from the real economy. Cap the size of the big banks so no institution can become too big to fail and restore Glass-Steagall protections against Wall Street gambling. I am writing to urge you to work to make our regulatory system transparent, accountable, and creates a level playing field for consumers and small businesses, rather than tip it for the profits of large banks and other financial services. Since the economic collapse not much has changed on Wall Street or in the finance sector. There continue to be large executive salaries and bonuses as well as constant efforts to take advantage of consumers with usurious interest rates, predatory loans and hidden fees for overcharges on ATM cards. We need an agency that is focused on consumer protection without the confusion of other issues. Existing agencies work to ensure bank solvency, i.e. protect their profits. That is inconsistent with consumer protection. We need an agency that will ensure that financial institutions provide accurate information to consumers, do not hide fees in legal jargon and small print and that empowers consumers to protect their interests. The Consumer Financial Protection Agency is one step that is essential to reform of the banking and financial system. We also need to break up the "too big to fail" banks, whether through new legislation or strengthened anti-trust laws. We need to make sure that financial services cannot shop around the various regulatory agencies for the weakest regulations or weakest regulators by consolidating and streamlining financial regulation. Please take action on behalf of your constituents and work for and support the creation of a Consumer Financial Protection Agency and other actions to make sure that the mistakes of the last two decades are not repeated. The United States should not find itself in another situation where tax payers are bailing on banking and financial institutions who engage in risky practices. We will add your signature from the information you provide.		First Name* Last Name* Email* Street* Street 2 City* State/Province* Select a state Alabama Alaska American Samoa Arizona Arkansas California Colorado Connecticut Delaware D.C. Florida Georgia Guam Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Northern Mariana Islands Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming Armed Forces (the) Americas Armed Forces Europe Armed Forces Pacific Alberta British Columbia Manitoba Newfoundland New Brunswick Nova Scotia Northwest Territories Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon Territory Other Zip/Postal Code* Send an Email
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