Below is an email from U.S. Senator Jeff Merkley, who is leading the charge for a ban on high-risk trading by big Wall Street banks, including J.P. Morgan. Sen. Merkley created a petition on SignOn.org that's spreading like wildfire. Now, he's asking for help from MoveOn members in New York and across America.
Dear New York MoveOn member,
Bankers on Wall Street wrecked our economy by taking reckless risks in pursuit of massive paydays. And, as J.P. Morgan has made clear, Wall Street learned nothing and is still gambling.
If you agree that big banks should not gamble with the federally insured deposits that families and small businesses depend on, click here to sign my petition:
I successfully fought for a ban on high-risk trading by big Wall Street banks. This rule, called the Volcker rule firewall, is meant to ensure that when Wall Street's bad bets blow up, you and I don't get burned again. But for the last two years, Wall Street's legion of lobbyists have been trying to blow holes in that firewall.
Wall Street lobbyists want the Fed to write the J.P. Morgan loophole into law. We can't let that happen. And with your help, we won't. Please add your name to my SignOn.org petition urging Ben Bernanke and the Fed to close down the J.P. Morgan loophole.
–U.S. Senator Jeff Merkley
This petition was created on SignOn.org, the progressive, nonprofit petition site that will never sell your email address and will never promote a petition because someone paid us to. SignOn.org is sponsored by MoveOn Civic Action, which is not responsible for the contents of this or other petitions posted on the site.
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This email was sent to eddie alfaro on July 13, 2012. To change your email address or update your contact info, click here. To remove yourself from this list, click here.