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Pitchforks Optional April 11, 2009 Nationwide Protest of Banksters Bailouts - A New Way Forward [View All]

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omega minimo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-10-09 01:50 PM
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Pitchforks Optional April 11, 2009 Nationwide Protest of Banksters Bailouts - A New Way Forward
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http://www.anewwayforward.org/demonstrations/

12 million unemployed. Foreclosures up 81%. Wall Street has taken over. We must break up the banks and never again let them get so big that they distort our politics and take down the economy

To stop the banks, Americans are planning forceful, creative actions all over the country for April 11 at 2ET/11PT (unless otherwise noted). We'll make our voices resound in those closed-door meetings with the bankers. Spread the word. Actions are announced in: http://anewwayforward.org/demonstrations/rally-list.php


Our plan: Real structural change of Wall Street

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 citizens.

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.

Read more about what we want and can achieve and see our blog for more related information.

Also, see these three great economic interviews that can get you up to speed from Bill Moyers (extremely interesting): Simon Johnson on the financial oligarchy, 2/13; William Greider on restructuring and ANWF rallies, 3/26; and William Black on financial fraud, 4/2.


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