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Bring Banking Regulation into the 21st Century!
Target: U.S. Congress
Sponsored by: Americans for Fairness in Lending
Sponsored by: Americans for Fairness in Lending
The renegade lending industry has brought our economy into the worst recession since the Great Depression. But now there's a chance to streamline the regulation process and restore sensible oversight of banks and other lenders.
Until now, our country's financial systems have been under various different regulation bodies. Fortunately, a new bill has just been introduced that would put consumer protection first by creating one Financial Product Safety Commission (FPSC) that would oversee financial products like credit cards and mortgages.
We don't risk a one in five chance of electrical shock when we buy a new appliance. We shouldn't have to risk a one in five chance that our mortgage will end in foreclosure, either! But that's exactly what's happened with subprime mortgages. The new FPSC would ban products that don't meet safety requirements, and ensure a level playing field between lenders and borrowers.
The system we have now isn't working! Tell Congress to create a Financial Product Safety Commission.
Until now, our country's financial systems have been under various different regulation bodies. Fortunately, a new bill has just been introduced that would put consumer protection first by creating one Financial Product Safety Commission (FPSC) that would oversee financial products like credit cards and mortgages.
We don't risk a one in five chance of electrical shock when we buy a new appliance. We shouldn't have to risk a one in five chance that our mortgage will end in foreclosure, either! But that's exactly what's happened with subprime mortgages. The new FPSC would ban products that don't meet safety requirements, and ensure a level playing field between lenders and borrowers.
The system we have now isn't working! Tell Congress to create a Financial Product Safety Commission.
Send Letter see who signed this
We took action on “Bring Banking Regulation into the 21st Century!”
# 4,242:
6:40 pm PDT, Oct 21,
Caro Liu, Pennsylvania
# 4,241:
6:34 pm PDT, Oct 19,
David Nielsen, Florida
# 4,240:
1:49 am PDT, Oct 8,
Can Atik, Turkey
# 4,239:
7:09 pm PDT, Oct 7,
Name not displayed, Hawaii
The banks will continue to destroy themselves and our economy for shortsighted profit. What other industry could afford to put themselves in this kind of jeapordy? They have created an entire "Lost Generation", lost jobs that will never return. is anyone else seeing that if we don't have jobs how can we support the banks by paying off the debts? To big to fail? It's about to come down with a huge crash! Congress, how many committes were you on and didn't see it coming...and now have done nothing for a year after TARP...24 TRILLION in bedt? Can your children sleep at night? What do you tell them?
The banks will continue to destroy themselves and our economy for shortsighted profit. What other industry could afford to put themselves in this kind of jeapordy? They have created an entire "Lost Generation", lost jobs that will never return. is anyone else seeing that if we don't have jobs how can we support the banks by paying off the debts? To big to fail? It's about to come down with a huge crash! Congress, how many committes were you on and didn't see it coming...and now have done nothing for a year after TARP...24 TRILLION in bedt? Can your children sleep at night? What do you tell them?
# 4,238:
2:30 pm PDT, Oct 6,
Marie Donze, Florida
# 4,237:
10:27 pm PDT, Sep 28,
Kayla Philbrick, Maine
# 4,236:
9:29 pm PDT, Sep 20,
Name not displayed, Ohio
# 4,235:
9:43 am PDT, Sep 19,
Paul Vilches, Florida
# 4,234:
10:07 pm PDT, Sep 17,
Name not displayed, Florida
# 4,233:
6:22 pm PDT, Sep 13,
Christina Aguilar, Wisconsin
# 4,232:
11:09 am PDT, Sep 7,
Samantha Butler, Ohio
# 4,231:
4:25 am PDT, Sep 7,
Name not displayed, Pennsylvania
# 4,230:
2:43 am PDT, Sep 7,
Giulia Sciarretta, France
# 4,229:
8:43 am PDT, Sep 5,
Eileen Fazzini, New York
# 4,228:
4:17 am PDT, Aug 28,
Jeanette steffi Gahid, Philippines
# 4,227:
12:06 pm PDT, Aug 27,
Jean Murra, Wisconsin
# 4,226:
8:47 am PDT, Aug 25,
Catherine Backos, Florida
We are in critical need of good lending and appraisal valuation reform to stabilize our economy.
We are in critical need of good lending and appraisal valuation reform to stabilize our economy.
# 4,225:
7:43 am PDT, Aug 25,
Jamie Scott, Texas
# 4,224:
5:41 am PDT, Aug 24,
ALPHA WI, Germany
# 4,223:
8:49 am PDT, Aug 22,
Michael Chase, Indiana
# 4,222:
4:52 pm PDT, Aug 19,
Abhinav Agarwal, Michigan
# 4,221:
7:19 pm PDT, Aug 16,
GLENN BROWN, Nebraska
# 4,220:
8:52 am PDT, Aug 15,
Isak Sandberg, Sweden
# 4,219:
6:05 am PDT, Aug 10,
Name not displayed, Canada
# 4,218:
6:00 am PDT, Aug 10,
Lucy Padovano, New Jersey
# 4,217:
6:01 pm PDT, Aug 9,
Gregory Vazquez, Pennsylvania
# 4,216:
1:43 pm PDT, Aug 9,
R. Escolano, Florida
# 4,215:
3:25 am PDT, Aug 7,
Sandra Faverio, Florida
# 4,214:
11:13 am PDT, Aug 5,
Thomas Goodwin, Texas
# 4,213:
12:42 pm PDT, Aug 4,
Kaia Chapman, Colorado
# 4,212:
11:10 am PDT, Aug 3,
Roger Thomas, Australia
# 4,211:
10:15 am PDT, Aug 2,
Janice Oscarson, Vermont
# 4,210:
2:00 pm PDT, Jul 31,
Name not displayed, Florida
# 4,209:
10:05 am PDT, Jul 30,
Pablo Rubio, Alabama
# 4,208:
1:33 pm PDT, Jul 29,
Philip Sager, South Carolina
Because of the banking and financial industry the US is in bankruptcy and bailing them out wasn't and isn't the answer. Let those who screw up go under! If they did it once they'll do it again.
Because of the banking and financial industry the US is in bankruptcy and bailing them out wasn't and isn't the answer. Let those who screw up go under! If they did it once they'll do it again.
# 4,207:
11:20 am PDT, Jul 29,
Julie Dawson, California
# 4,206:
11:10 am PDT, Jul 29,
Bev Vanderstar, Florida
# 4,205:
3:12 pm PDT, Jul 28,
Landon Quigley, Kansas
# 4,204:
8:50 am PDT, Jul 28,
Name not displayed, Malaysia
# 4,203:
6:43 pm PDT, Jul 27,
Tatiana Marquez, Florida
# 4,202:
4:34 pm PDT, Jul 27,
Deana Palmer, Michigan
# 4,201:
4:32 pm PDT, Jul 27,
Nicole Naab, Pennsylvania