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Hold Industry Accountable for the Tax Dollars You've Invested!

Target: U.S. Congress
Sponsored by: Consumers Union

American taxpayers will be giving hundreds of billions to bail out individual financial institutions and the financial sector in general. But we still need real accountability and solutions to prevent meltdowns in the future.

Three banks, JP Morgan Chase, Citibank and Bank of America, will hold an estimated one third of all the nation's deposits. They may now be "too big to fail." That makes real accountability even more important.

But it's not just the financial sector that's been running itself. We face similar failures in other sectors – food, product safety, health care. We need a new attitude about the role of government, and clear, common sense reforms. It's time to put the cop back on the beat.

Please sign our petition and tell your Senators and your Representative to prioritize a new vision for oversight and accountability.

deadline: 3-2-2009
goal: 10,000
 

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Stop the "anything goes" approach!

Dear [Decision Maker],

In light of America's recent investment of tax dollars in our financial sector, it is time for elected officials to improve oversight over financial and other essential services. Not only must we hold financial corporations accountable, it is time to reexamine our regulatory failure in many arenas.

In the last several years we have witnessed regulatory failures in areas as diverse as food and drug safety to mortgage and credit card lending. The failure of our system of financial oversight is the most recent--and striking--example of a failure to put people before corporations and enforce fair rules for everyone.

We are now at an historic crossroads, and I'm calling on you to embrace what has been out of style for some time for many elected officials--strong and independent government oversight that assures a competitive, fair, transparent marketplace and intervenes appropriately when individuals cannot protect themselves.
We signed the “Hold Industry Accountable for the Tax Dollars You've Invested!” petition!
# 12,488:
12:25 pm PST, Mar 5, Lorna Schmidt, Georgia
# 12,487:
1:27 pm PST, Mar 2, Kathleen Vanni, Illinois
I can't believe that you gave all that money to all those people who caused the financial crisis to begin with, without demanding accountability for the taxpayer dollars being invested. Please correct this situation.
# 12,486:
8:40 pm PST, Feb 27, Michael Cozens, Canada
# 12,485:
6:04 pm PST, Feb 23, Linda Britt, Virginia
# 12,484:
3:46 pm PST, Feb 21, Kendall Scott, Massachusetts
# 12,483:
2:17 pm PST, Feb 20, Wendy Haney, Texas
# 12,482:
1:36 pm PST, Feb 20, Paige Levine, New York
# 12,481:
8:09 am PST, Feb 20, Kevin Kolack, New York
Specifically, we must hold the executives responsible. They cannot reward themselves for their own incompetence. Fatcat lobbying for deregulation must be stopped, as industry clearly can't regulate itself.
# 12,480:
3:28 pm PST, Feb 19, Amy Barker, Washington
# 12,479:
9:25 pm PST, Feb 18, Nicoleom Long, Virginia
# 12,478:
9:05 pm PST, Feb 18, Thea Beckett, New Mexico
# 12,477:
3:40 pm PST, Feb 18, Addys Delgado, Florida
# 12,476:
8:23 pm PST, Feb 17, Darral Faas, Wisconsin
# 12,475:
5:57 pm PST, Feb 17, W Robert Peters, California
# 12,474:
1:22 am PST, Feb 17, Marie Casey, Washington
# 12,473:
8:43 pm PST, Feb 16, JoAnne Gilmore, Colorado
# 12,472:
8:14 pm PST, Feb 16, Elsa Biaggi, Florida
They party with my money while I am facing foreclosure of my house because I don't have a job not fair.
# 12,471:
5:26 pm PST, Feb 16, Amy Brown, Florida
# 12,470:
3:48 pm PST, Feb 16, Mike Malinowski, Colorado
# 12,469:
11:37 am PST, Feb 16, Lori Stefano, Washington
# 12,468:
9:35 am PST, Feb 16, Agostina Giobio, Florida
# 12,467:
9:16 pm PST, Feb 14, Roxanne Mehl, Wisconsin
i vote stop the anything goes approach. roxannemehl of wi.
# 12,466:
5:31 pm PST, Feb 14, Chris Ince Jr., California
# 12,465:
2:56 pm PST, Feb 14, Jill House, Illinois
# 12,464:
7:17 pm PST, Feb 13, Mike Li, New Zealand
# 12,463:
7:02 pm PST, Feb 13, Andrea Hughes, Michigan
We must take back the integrity of our country. Please get the politics out of our daily lives. This fighting between parties is shows how little regard you have for the people you work for. Put us first and your egos aside. Every person in this county is expected to live with total accountability. We the people live each day this way but the politicians think that they and the CEO's are above the law. Level the playing field and put the country back in the hands of the people.
# 12,462:
2:38 pm PST, Feb 12, Babette Puzey, New York
# 12,461:
2:06 pm PST, Feb 12, Karen Sexauer, Missouri
# 12,460:
1:18 pm PST, Feb 12, NIKKI HAMEL, Canada
# 12,459:
10:18 pm PST, Feb 11, Kristen Callahan, California
# 12,458:
10:41 am PST, Feb 11, W.K. Grady, California
We shouldn't have to petition for this. Any time some entity is profiting from the public it needs to be overseen.
# 12,457:
7:40 am PST, Feb 11, Paul Murphy, Florida
AMERICAN tAXPAYERS DESERVE HONEST, TRANSPARENT OVERSITE OF THESE BAILOUTS! THESE COMPANIES SHOULD BE MADE TO HELP PAY DOWN SOME OF THE DEBT THE ADMINISTRATION HAS TO INCUR TO PROTECT OUR ECONOMY - OVER AND ABOVE SIMPLY REPAYING THE LOANS...TAXPAYERS SHOULD COME OUT AHEAD INSTEAD OF BEHIND!
# 12,456:
5:29 am PST, Feb 11, Candace Tuttle, Massachusetts
# 12,455:
9:34 pm PST, Feb 10, Alan Haggard, California
# 12,454:
7:56 pm PST, Feb 10, Anne De Santis, Washington
# 12,453:
7:32 pm PST, Feb 10, Kevin Kreiss, North Carolina
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