01/22/2010

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ANOTHER E-MAIL FROM AFL-CIO My husband received this today - as I said in previous posts, he is a firefighter, and the IAFF (firefighters union) is affiliated with the AFL-CIO, which is why he gets these e-mails. Just trying to get the word out on what their agenda is. Dear XXXX, Wall Street banks threw our economy into crisis. Bailing them out cost taxpayers hundreds of billions of dollars. Now, with unemployment at 10 percent, those same Wall Street banks are planning to give six- and even seven-figure bonuses to the executives who created this mess. It's time to say enough, and send the banks a final notice. Payment is past due on the harm they've done to the economy. Payment is past due on all the ways they've mistreated their customers—from excessive credit card fees to risky mortgages. We're letting the bankers know—since they won't rein themselves in, the government is going to have to do it. And we're letting our senators know we want the banks to face consequences for their actions: President Obama's proposed financial crisis responsibility fee on the largest banks will help get back the taxpayer money that bailed out those same banks, without penalizing community banks and small firms. We need a consumer financial protection agency to provide strong oversight so banks can't play Russian roulette with our economy again, and to protect customers from being bled dry. Tired of banks loading you up with fees while taking taxpayer money and giving executives huge bonuses? Send a final notice—payment is past due and it's time for the government to rein in the banks. Click here to let the bankers know this is their final notice. Your message also will go to your senators to urge them to rein in the banks. In solidarity, Marc Laitin AFL-CIO Online Mobilization...

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