Sign Our New Petition to "Repo the Dough" and Put Wall Street to Work Rebuilding Main Street [1]
Submitted by Lisa Graves [2] on
This Holiday Season, for too many Americans, "It's Not Such a Wonderful Life." Reckless Wall Street gambling collapsed the economy. The big bankers, like Mr. Potter, got theirs – an unbelievable $3 trillion in government help! It worked so well that Wall Street will pay out some $140 billion in bonuses this year.
But what about George Bailey and the rest of us? Where is the help for the 16 million Americans who are now out of work? The millions of unemployed facing foreclosure? The millions more teetering on the brink of personal bankruptcy?
The banks were aided on the condition that they free up credit, modify mortgages and help put America back to work. They have not kept the bargain. Tell Congress, it’s time to take some of the big bailout bucks back and pass a small transaction tax on stock market speculation to pay for new job creation. Leftover bailout funds should also be put to work creating jobs.
Please sign our New Year's petition [3] calling on Congress and the President to "Repo the Dough" by taxing speculation and putting Wall Street to work rebuilding Main Street! And, please ask your friends to join in this petition from BanksterUSA.org and CMD, by sharing this link: http://tinyurl.com/RepotheDough [3].
Lisa Graves [4] is the Executive Director of the Center for Media and Democracy [5] based in Madison, Wisconsin.
Lisa Graves is President of the Board of the Center for Media and Democracy and President of True North Research. She is a well-known researcher, writer, and public speaker. Her research and analysis have been cited by every major paper in the country and featured in critically acclaimed books and documentaries, including Ava Du Vernay’s award-winning film, “The 13th,” Bill Moyers’s “United States of ALEC,” and Showtime’s “Years of Living Dangerously.”