No New Powers For The Fed!

No New Powers For The Fed!

The Issue

In just 10 months, the Federal Reserve has given trillions of taxpayer dollars to the banks. They refuse to tell us who they gave the money to and if we'll ever get it back. The Fed worked with the banks to inflate bubbles and co-founded the biggest crash since the Great Depression. They have been funding billion dollar CEO bonuses for the banks that sit on their boards of directors.

While they operate in a secret bureaucracy and oppose legislation that would audit them, Treasury's Geithner is proposing legislation to expand the powers of the Fed by making them the "supercop" for system-wide risk in the economy. In order to serve and be accountable to the entire public and our economy, the Fed must reformed, not given new powers.

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Carole SarcinelloPetition Starter#35570 Sharing petitions with <a href="http://Change.org" rel="nofollow">Change.org</a> friends WHY has the option for forwarding petitions to fellow <a href="http://Change.org" rel="nofollow">Change.org</a> members disappeared???? Today, after signing 2 petitions, when I clicked on "I'd rather share with my email contacts," where I was formerly given the choice of clicking on my <a href="http://Change.org" rel="nofollow">Change.org</a> friends, I was directed to my personal email account -- NO WAY TO FORWARD TO CHANGE.ORG MEMBERS! I am hoping that this is merely a temporary "bug" in your system . . . because if it is not, I will be closing this account. I REFUSE to access my personal contacts list on ANY social networking site. Please respond immediately! (Sent to <a href="http://Change.org" rel="nofollow">Change.org</a> "Quality Control" 1/25/12)
This petition had 121 supporters

The Issue

In just 10 months, the Federal Reserve has given trillions of taxpayer dollars to the banks. They refuse to tell us who they gave the money to and if we'll ever get it back. The Fed worked with the banks to inflate bubbles and co-founded the biggest crash since the Great Depression. They have been funding billion dollar CEO bonuses for the banks that sit on their boards of directors.

While they operate in a secret bureaucracy and oppose legislation that would audit them, Treasury's Geithner is proposing legislation to expand the powers of the Fed by making them the "supercop" for system-wide risk in the economy. In order to serve and be accountable to the entire public and our economy, the Fed must reformed, not given new powers.

ADD YOUR INFO TO SEND TO THE PRESIDENT AND CONGRESS:

SIGN THE PETITION.


avatar of the starter
Carole SarcinelloPetition Starter#35570 Sharing petitions with <a href="http://Change.org" rel="nofollow">Change.org</a> friends WHY has the option for forwarding petitions to fellow <a href="http://Change.org" rel="nofollow">Change.org</a> members disappeared???? Today, after signing 2 petitions, when I clicked on "I'd rather share with my email contacts," where I was formerly given the choice of clicking on my <a href="http://Change.org" rel="nofollow">Change.org</a> friends, I was directed to my personal email account -- NO WAY TO FORWARD TO CHANGE.ORG MEMBERS! I am hoping that this is merely a temporary "bug" in your system . . . because if it is not, I will be closing this account. I REFUSE to access my personal contacts list on ANY social networking site. Please respond immediately! (Sent to <a href="http://Change.org" rel="nofollow">Change.org</a> "Quality Control" 1/25/12)

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Petition created on September 9, 2009