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elleng

(130,964 posts)
Thu Jul 9, 2015, 11:40 AM Jul 2015

Will you stand up to Wall Street?

For too long, megabanks have posed enormous risks to our economy, and to taxpayers like yourself.

For too long, we've watched as American families struggle to pay their debts while CEOs run reckless on Wall Street with OUR hard-earned money.

Enough is enough. Today, sign my letter to the megabanks of Wall Street. Let's tell them that we are not only fed up—we are taking action.

It's not complicated: because these institutions are so large, so leveraged, and pose such a grave threat to our economy, they don’t face the same rules of the free market that apply to everyone else. If their bets go bad, they don’t face bankruptcy—taxpayers (WE) bail them out. When things go well, they reap the benefits and cash in exorbitant bonuses. This violates the very principle of free market capitalism.

As President, I would end this double standard of justice. It's bad for the economy, and bad for our country.

What else would YOU tell Wall Street? What else angers you about this great injustice? What is my letter missing? Join me: read my letter to Wall Street, and add your comments.

http://martinomalley.com/dear-wall-street

I have the advantage of being a former Governor and Mayor, and I have a stump to speak from as a candidate for President. When I talk, people listen. So when I send this letter to Wall Street CEOs, they'll hear me—and I want your voice right there with mine.

Add your voice to this letter today—tell the megabanks and CEOs of Wall Street how you want to hold them accountable, and what actions you want us to take to keep our economy thriving.

thanks,

https://martinomalley.com/dear-wall-street/?ms=791

9 replies = new reply since forum marked as read
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Will you stand up to Wall Street? (Original Post) elleng Jul 2015 OP
Yes. K&R. n/t FSogol Jul 2015 #1
K&R nt. NCTraveler Jul 2015 #2
Bernie takes no PAC money..... Man of Distinction Jul 2015 #3
PACS are INDEPENDENT of candidates, elleng Jul 2015 #4
Bernie has received support from PACs. Raine1967 Jul 2015 #7
To change that will require getting rid of Citizen's United. That won't happen FSogol Jul 2015 #8
Sadly correct. elleng Jul 2015 #9
I hope he gets a huge amount of replies bigtree Jul 2015 #5
Yes indeed! elleng Jul 2015 #6
 

Man of Distinction

(109 posts)
3. Bernie takes no PAC money.....
Thu Jul 9, 2015, 12:22 PM
Jul 2015

and yet O'Malley takes PAC money...

if O'Malley wants to be viewed as a progressive, he must follow Bernie's stand - no PACs, no billionaires.

I admire O'Malley and do like him for a second choice, but Bernie is a man of integrity and honesty, and that is what is getting people talking about Bernie and it's spreading the Bern!

elleng

(130,964 posts)
4. PACS are INDEPENDENT of candidates,
Thu Jul 9, 2015, 12:29 PM
Jul 2015

and I think there are several supporting Bernie.

Governor O'Malley IS a progressive, he needs to follow NO ONE. He needs people to learn about him. Try it. http://www.democraticunderground.com/?com=forum&id=1281

FSogol

(45,488 posts)
8. To change that will require getting rid of Citizen's United. That won't happen
Thu Jul 9, 2015, 12:41 PM
Jul 2015

when a candidate loses to the GOP and their One Billion Koch Dollars.

bigtree

(85,998 posts)
5. I hope he gets a huge amount of replies
Thu Jul 9, 2015, 12:33 PM
Jul 2015

...it's so good to have an outlet for what Americans are thinking and experiencing. Kudos to O'Malley for providing this one.


Martin O'Malley ?@MartinOMalley
Read and annotate my open letter to Wall Street’s megabanks—for too long they’ve posed enormous risks to our economy: http://omly.us/1TnXfU2


Genius ?@Genius
Thoughts on @MartinOMalley's open letter to Wall Street's megabanks? Annotate it with Genius: http://omly.us/1TnXfU2

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