Pledge to breakup the Banks! Take action.........

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investorzzo's picture
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Pledge to breakup the Banks! Take action.........

 DECENTRALIZE: Any bank that's "too big to fail"
means that it's too big for a free market to function. The financial
corporations that caused this mess must be broken up and sold back to
the private market with strong, new regulatory and antitrust rules in
place -- new banks, managed by new people. An independent regulatory
body must protect consumers from predatory practices.

As Wall St. corporations grew bigger and bigger until they were
“too big to fail,” they also became so politically powerful that they
led to distorted and unfair policies that served companies, not

Its not enough to try to patch up the current system. We demand
serious reform that fixes the root problems in our political and
economic system: excessive influence of banks, dangerous compensation
systems, and massive consolidation. And we demand that the reform
happen in an open and transparent manner.

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