FedUpUSA has been working hard for almost three years to expose the corruption and fraud in the financial industry and in our government, but what is being proposed right now does nothing to further that goal.
Americans for Prosperity put this out today:
Vote No On The So-Called ‘Financial Reform Bill’:Bank stocks went up after Obama’s so-called financial reform speech. That’s probably because his bill institutionalizes “too big to fail.” It doesn’t break up the banks and it assures them access to Federal Reserve loans as needed. It makes bailouts permanent.The Goldman Sachs scandal exposes a deep flaw in the bill that we believe can generate enough public outrage to stop this bill – if we can educate people quickly.This video lays it out clearly.The Securities and Exchange Commission is investigating whether Goldman acted improperly, but there is no investigation into the left-wing Center for Responsible Lending, which facilitated both the creation of the subprime bubble and its collapse, while CRL’s major donors (John Paulson, Herb and Marion Sandler, and George Soros) made a fortune.Please fill out the form below to tell Congress to vote NO on the fake reform bill and to demand a full investigation into the scandal.