We did it! In an amazing display of grassroots power, President Obama responded to our demand that no bank settlement should prevent an investigation into who caused the housing crisis, and announced a new investigative unit that will do just that.
Even better, the new investigative unit will be co-chaired by the state attorney general who stood his ground against any sweetheart deal with the banks: New York’s Eric Schneiderman.
This is fantastic news. And you helped make it happen. Let’s give the President our appreciation, so he knows he is on firm ground when he stands with the 99%. Use the form below to send a thank you email to the President.
Bankers who committed bank fraud deserve to be prosecuted and sent to jail. Enforcement of the law is vital to deter such behavior in the future.
Some of America's best state attorneys general are trying do just that — trying to get justice for Americans hurt by what the FBI called an "epidemic of fraud" by America's banks and mortgage lenders that contributed to widespread economic devastation in the US.
But today, government officials announced a deal in principle with the five biggest banks, offering a settlement before an investigation, at the wholly inadequate sum of $25 billion (when the six largest banks paid out $144 billion in bonuses last year alone). And on Tuesday, the President could embrace the sweetheart bank settlement in the State of the Union address!!!
Send a message to the White House today: Reject the sweetheart bank settlement. Investigate the banks that caused the housing crisis!
It has been two years since the Supreme Court decided in the infamous Citizens United case that corporations can spend unlimited amounts of money on political campaigns. Since then, our democracy has been drowning in a tsunami of corporate special interest money. Our government is under the thumb of the Koch brothers instead of the hands of the people.
We cannot ultimately right this wrong until we can organize the states to pass a constitutional amendment that declares what everyone except Mitt Romney seems to understand: corporations are not people and money is not speech.
But until then, we can take action right now to force corporations to make their campaign spending public. Sign the petition below and tell the SEC: No more secret political money. Make all publicly traded corporations disclose their campaign spending to the public.
Bankers who committed bank fraud deserve to be prosecuted and sent to jail. Enforcement of the law is vital to deter such behavior in the future.
Some of America's best state attorneys general are trying do just that — trying to get justice for Americans hurt by what the FBI called an "epidemic of fraud" by America's banks and mortgage lenders that contributed to widespread economic devastation in the US.
Amazingly, officials in the Obama Administration are encouraging a deal which could insulate bankers who broke the law from investigation or prosecution. Officials in the Justice and Treasury Departments have been urging the states to support this sweetheart deal.
Please act now: Sign the petition to President Obama: Don't let banks off the hook for illegal practices that led to the housing crisis. Kill the deal and launch a federal investigation now.
Just as Republicans worked to obstruct Richard Cordray’s appointment to the Consumer Financial Protection Bureau—because they don’t want an agency that stands up to banks to protect consumers—they don’t want a functioning National Labor Relations Board that will stand up to corporations to protect workers’ rights. Today, President Obama has used his constitutional powers to appoint Cordray to head the CFPB and to appoint his three nominees to fill the empty spots on the NLRB.
Wednesday, President Obama stood up to Republican obstruction and they are already attacking him for it. Show your support for the President's bold stand by sending him a thank you email:
While the jobs crisis persists, Republicans are threatening to take away the few wisps of stimulus we have left: the payroll tax cut for middle class workers, and long-term unemployment benefits. Even more ludicrous, while Republicans are arguing against extending the payroll tax cut that provides at least some cushion to the strapped middle class, they are continuing to demand more tax cuts for millionaires and billionaires. Stop this insanity. Sign the petition below to tell the Republican leadership: stop sabotaging the economy.
The so-called Super Committee took a disturbing step this week, when Democratic members made a major concession to Republicans – proposing $350 billion in cuts to Medicare. And, there are reports that Democrats will make another concession to appease Republicans, changing the cost-of-living formula and cutting future Social Security benefits. With private pensions of the 99% being ransacked by the 1%, the last thing we need to do now is weaken our pillars of retirement security. Sign the petition to Senate Majority Leader Harry Reid and House Democratic Leader Pelosi: Don't let the Super Committee cut Social Security and Medicare.
On September 8th, President Obama will give a speech laying out his agenda to create jobs. He is also expected to ask the Super Committee to consider his plan for reducing the deficit by $4 TRILLION. The President was negotiating that plan with House Speaker Boehner in July.
We need to draw a line in the sand now before President Obama makes his speech and tell the White House no cuts to Social Security, Medicare, or Medicaid.
Use the form below to add your name to the petition.
10 years ago, on June 7, 2001, President George W. Bush enacted the Bush tax cuts, which led to the "worst track record on record" for jobs, according to the Wall Street Journal. But while Bush made our tax brackets more regressive, Rep. Jan Schakowsky's Fairness in Taxation Act makes them more progressive: It would create new tax brackets for annual income above $1 million, starting at 45% for income between $1 million and $10 million, inching up to 49% for income over $1 billion. It's plain common sense. Use the form below to tell your representative to support the Fairness In Taxation Act:
The President took a step out of Afghanistan last night. He's heading in the right direction, but plans to sustain the nation's longest war until at least 2014. That pace is too slow and too costly. Osama bin Laden is dead. Al Qaeda is not in Afghanistan. The government in Kabul is too corrupt to be helped. It's time to rebuild America.
Please sign the petition below and help send a message to the White House and Congress: It's time to draw down in Afghanistan, and build up America.