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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: Ongoing...
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!
# 8,087:
11:30 pm PST, Nov 22, Simone Hrin, Florida
# 8,086:
9:00 pm PST, Nov 22, Scott Taylor, Washington
# 8,085:
8:29 pm PST, Nov 22, John Ceglie, New Jersey
# 8,084:
6:57 pm PST, Nov 22, Siobhan Graf, New Jersey
# 8,083:
6:14 pm PST, Nov 22, Lola Messall, Virginia
# 8,082:
5:55 pm PST, Nov 22, Doyil Bibby, Illinois
It is not right to reward the criminals who have been running our stock markets in the ground with a "bailout" paid for by the American people! We need accountability, NOW!!!!!
# 8,081:
5:17 pm PST, Nov 22, Theresa Lane, Washington
Corporate America is using tax payers money unwisely and taking us for a ride. When do the handouts stop and capitalism rein? I am appalled by what is happening financially in our country.
# 8,080:
2:57 pm PST, Nov 22, Daniel Axlerod, North Carolina
how dare you use my tax money incorrectly! i pay not to fund company bail outs or wars that is terrorism. i do not want to fund terrorism with my tax dollars!
# 8,079:
2:55 pm PST, Nov 22, Dan Stabel, Washington
# 8,078:
11:57 am PST, Nov 22, Julie Montemarano, Colorado
Something must be done... soon! I have worked so hard and came from food stamps as a child to living in a resort area and having rental properties. I have worked so hard for what I have and I no matter what I do, I can't protect it! Please help and get a grip of this country that is falling fast!!
# 8,077:
11:25 am PST, Nov 22, Name not displayed, North Carolina
I may be young but, it's bad when we can't even afford groceries any more, If this is a contry "For the people, By the people" then we just got screwd. If action is not taken now thousands of people will lose more but jobs and home's but lives too. What if it was your children starving because theres no money to feed them, or yourself, think about it when you make these disscions.
# 8,076:
10:24 am PST, Nov 22, Marcy Shiffer, Arizona
# 8,075:
9:41 am PST, Nov 22, Steven Jaeger, California
# 8,074:
8:37 am PST, Nov 22, Mike Rabasco, Minnesota
# 8,073:
7:37 am PST, Nov 22, Donna Liggettl, Michigan
# 8,072:
5:49 am PST, Nov 22, Sharon Middelchylde, Ohio
It appears that the only aspect "trickling down" in out economy is the resposibility to pay our debt. People work hard to keep their homes and lives together, but there certainly is no forgiveness on the part of lenders.Why should lenders, who live poshly off of our sweat, not have to accept the consequences of their choices? Please do not take my tax money and give it to these swollen leeches, so that they can laugh in our faces as they glut.
# 8,071:
2:17 am PST, Nov 22, STARLA SNODGRASS-FLANNAGAN, Arkansas
# 8,070:
2:05 am PST, Nov 22, Arline Fass, Arizona
# 8,069:
10:31 pm PST, Nov 21, Elaine Hagan, California
Handing Paulson the keys to the treasury so that behavior like the resort parties held by AIG's spin-off cannot go on in a country that is nearly bankrupt. Are we so morally bankrupt that we cannot afford to pay attention to where the billions are going? Stop the banking and insurance trusts. No company or conglomerate should ever be "too big" to fail. No American is exempt from paying the DEO's bills, so re-regulate, and take responsibility for this wholesale corruption.
# 8,068:
9:23 pm PST, Nov 21, Ryan Trammell, Indiana
# 8,067:
9:16 pm PST, Nov 21, Alisa Polk, Louisiana
# 8,066:
8:55 pm PST, Nov 21, Alison Grove, California
# 8,065:
7:22 pm PST, Nov 21, Paul Greatrix, Massachusetts
# 8,064:
7:21 pm PST, Nov 21, Name not displayed, Massachusetts
# 8,063:
6:58 pm PST, Nov 21, Kristine Avila, California
# 8,062:
6:09 pm PST, Nov 21, Jennifer M Weishaar, Kansas
# 8,061:
6:03 pm PST, Nov 21, Name not displayed, California
# 8,060:
3:56 pm PST, Nov 21, Mary Goode, Georgia
# 8,059:
3:37 pm PST, Nov 21, Robert Klein, Arkansas
# 8,058:
3:13 pm PST, Nov 21, Kristen Taylor, Georgia
The so-called "free trade" that has been the practice has been anything but. Corporations have been allowed to get larger and larger, effectively creating a monopoly in many sectors. This is not free trade! Please regulate industries; they will not regulate themselves. This has been proven over and over again.
# 8,057:
1:42 pm PST, Nov 21, Anthony LaRocca - Jr., New York
# 8,056:
11:36 am PST, Nov 21, Lynn Walsh, Connecticut
# 8,055:
9:29 am PST, Nov 21, Sandra Moreno, California
# 8,054:
9:18 am PST, Nov 21, Colleen Gaylord, Virginia
# 8,053:
7:58 am PST, Nov 21, Luanne Carey, Illinois
# 8,052:
7:52 am PST, Nov 21, Amy Rock, Massachusetts
The "Field of Dreams" concept is a fantasy and has been allowed to many times. New houses being built for unintended buyers are not being bought/sold r/t poor economic structure, as well as shopping malls who cannot fill their shops. Plans for the destruction of natural lands without a second thought r/t to cause and effect to the enviroment and our future generations. Again, as a native US citizen I urge the law makers to take the time to evaluate for all outcomes. Not just the ones the benefit Wall Street and the upper class.
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