[Occupymendocino] email http://jaredhuffman.house.gov/

[agnes at mcn.org]

Message Subject: co-sponsor HR 3711. 21st Century Glass-Steagall Act:Break
up the Big Banks
Message Text:
Dear Rep. Jared Huffman: I urge you to support and co-sponsor the 21st
Century Glass-Steagall Act introduced by Senator Elizabeth Warren, D. MA.
It is H.R. 3711 Too big to fail is TOO BIG! BREAK UP THE BIG BANKS! As
Sen. Bernie Sanders said,"They have incredible ownership of our entire
economy!" The FDIC and Bank of England agreed that Too big to Fail
Financial Institutions should have Super Priority in Bancruptcy over any
others to be bailed-in like the banks in Cyprus. Big Banks have over a
quadrillion in notional value in derivatives..(bets)--a bubble ready to
burst. Breakup the top banking cartel before the next big bail-in. Big
banks have over a quadrillion of derivatives (bets)on their books without
collateral to pay up-a bubble waiting to burst. We don't want the world
economy to crash,do we? Sincerely, Dear Senator Boxer: I urge you to
support and co-sponsor the 21st Century Glass-Steagall Act introduced by
Senator Elizabeth Warren, D. MA. It is S. 1282 and HR 3711. Too big to
fail is TOO BIG! BREAK UP THE BIG BANKS! As Sen. Bernie Sanders said,"They
have incredible ownership of our entire economy!" Breakup the top banking
cartel before the next big bail-in. Big banks have over a quadrillion of
derivatives (bets)on their books without collateral to pay up-a bubble
waiting to burst. We don't want the world economy to crash,do we?
Sincerely,