[Occupymendocino] [Fwd: Too big to fail]

[agnes at mcn.org]

---------------------------- Original Message ----------------------------
Subject: Too big to fail
From:    "Forrest Brown, BoldProgressives.org" <info at boldprogressives.org>
Date:    Wed, October 23, 2013 2:01 pm
To:      "Agnes Woolsey" <agnes at mcn.org>
--------------------------------------------------------------------------


 Occupy,

   We could strike a major blow against the big banks and their ability to
   gamble with our money if we act by tomorrow.

   Financial regulators have proposed a new rule that ends big bank gambling.
   The rule requires banks to put up $89 billion to protect against the
   unforeseen losses like the ones that destroyed the economy in 2008. With
   this rule in place, the eight biggest banks -- including JP Morgan Chase,
   Bank of America, Citigroup, Wells Fargo, and Goldman Sachs -- will be much
   safer.

   The federal regulators are taking public comments on the rule this week
   and they usually only hear from banks. Those comments will help determine
   whether the final rule actually makes big banks safer, so we need to make
   sure the regulators hear from us.

   [1]Rep. Alan Grayson has written a letter calling for even stronger
   regulations and he's asking for citizens to sign on. Can you add your
   name?

   If thousands of us sign, we'll show that the public supports strong rules.
   This will be important throughout the regulatory process. Please take one
   minute to add your name to the letter.

   [2]But we only have until tomorrow to get comments in. Click here to
   co-sign Rep. Grayson's letter.

   We'll deliver your signatures and comments to the bank regulators.

   Thanks for being a bold progressive.

   --Forrest Brown, PCCC organizer

References

   Visible links
   1.
http://act.boldprogressives.org/go/20430?t=1001&akid=15857.391901.onnt8-
   2.
http://act.boldprogressives.org/go/20430?t=1002&akid=15857.391901.onnt8-


Want to support our work? We're entirely funded by our members--no
corporate contributions, no big checks from CEOs. And our tiny staff
ensures that small contributions go a long way. Chip in $3 here.
http://pccc.me/AaRiJ7

Paid for by the Progressive Change Campaign Committee PAC
(www.BoldProgressives.org) and not authorized by any candidate or
candidate's committee. Contributions to the PCCC are not deductible as
charitable contributions for federal income tax purposes.

You can unsubscribe from this mailing list at any time:

http://act.boldprogressives.org/cms/unsubscribe/unsubscribe/?akid=15857.391901.onnt8-&list=1
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.mcn.org/pipermail/occupymendocino/attachments/20131023/273632c6/attachment.html