Hold Wall Street CEOs Accountable - Sign the Petition

04/09/09 07:57:01 am • by J "Rollin" Stone Email

Link: http://century-club.com/blog3.php/2009/04/09/title-2


From MoveOn.org Political Action

Excerpt:

There can't be real reform on Wall Street until the CEOs who brought down the banks we had to bail out are long gone. And the best way to start is by firing Bank of America CEO Ken Lewis. He's the worst of the worst. Here's our petition to get this ball rolling.

Federal Reserve Bank

I think everyone knows in their gut that this whole "economic meltdown" stinks. I know the more I learn, the stinkier it gets. Today I'm hearing that "they" (whoever they are) want to sell us "Bailout Bonds". Didn't we just hear that no one in the financial industry wanted anything to do with the "toxic" assets that have been blamed for the collapse? But now they want us to believe it is a good investment for "us"?

The truth is we never should have "given" them the first dollar. Don't kid yourself,you're never going to see a single penny of that money returned to the public tax fund (were you expecting a big fat rebate check in 5 years?). At the most you might hear some government economist reciting some good balance sheet numbers on the National Debt, which whether true or not will have absolutely no effect on your tax burden. When was the last time you saw anything go up in price, like gas, during some kind of national emergency, and come back down to where it was before the crisis? Do you remember the weeks leading up to the September revelations? The oil futures spike? That was Wall Street preparing us and making some quick cash. And did gas prices return to normal? Have you noticed they are creeping up again? Just like your credit card interest rates, your milk, your healthcare insurance, and all the other things they know we need...

No, I agree with MoveOn. These guys gotta go. To jail would be nice, but not some cushy Federal pen. Real jail!

MoveOn,org has put this petition together to send to Washington. You can sign it HERE:

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