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1,565 Public Comments So Far

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Someone from Escondido, CA signed.
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Someone from Sarasota, FL signed.
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Someone from Portland, OR signed.
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Someone from De Kalb, TX writes:
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This is not a republican/ democrat issue. Both parties are bought! Wake the **** up America!
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Someone from Blytheville, AR signed.
December 10, 2014
Someone from Talcott, WV signed.
December 10, 2014
Someone from Mission, KS signed.
December 10, 2014
Someone from Bend, OR signed.
December 10, 2014
Someone from Drain, OR writes:
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Seriously need to be at least pretending to represent your constituents for about a decade. You all have had thirty years of greed is good,and you have overstepped your time limit.
December 10, 2014
Someone from Fair Lawn, NJ signed.
December 10, 2014
Someone from Holyoke, CO signed.
December 10, 2014
Someone from Pittsburgh, PA writes:
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Did we learn nothing from the melt down in 2008 ? Bad bank paper and other financial "innovation" was the cause of the disaster then and here you go again facilitating more casino-style financial games.
December 10, 2014
Someone from Pittsford, NY writes:
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The move to (once again) deregulate financial markets is a profound mistake. Do NOT do it.
December 10, 2014
Someone from Chesapeake, OH signed.
December 10, 2014
Someone from Walnut Creek, CA writes:
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Glass Steigal should be reenacted with no modifications. The public should not bear the cost of Wall Street's criminality or gambling which has been verified and unpunished.
December 10, 2014
Someone from South Orange, NJ signed.
December 10, 2014
Someone from Floresville, TX signed.
December 10, 2014
Someone from Hometown, IL signed.
December 10, 2014
Someone from Palm Coast, FL signed.
December 10, 2014
Someone from Walling, TN signed.
December 10, 2014
Someone from Springfield, NJ signed.
December 10, 2014
Someone from Trumansburg, NY signed.
December 10, 2014
Someone from San Diego, CA writes:
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Congress: serve your constituents, not just your clients.
December 10, 2014
Someone from Silverton, OR signed.
December 10, 2014
Someone from Long Beach, CA writes:
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In a few weeks I will be finishing my master's degree in economics, so I have some expertise in these matters. There were many causes of the Great Recession in 2007 that led to the Second Depression from which we are still recovering, and some of those causes are still not well-understood. But one cause that virtually every serious economist agrees upon is that the triggering events were caused by underregulated derivatives markets. A lack of oversight and abundant conflicts of interest led to manipulations of the rules and outright fraud, and created a fundamentally unsustainable system in which the nominal value of outstanding derivatives is over 20 times as large as the total supply of money in the entire world. The "swaps pushout rule" and "margin requirements" may sound complex, but they are really quite simple. The swaps pushout rule means that banks which are insured by public funds---that's taxpayer money, via the FDIC---are not allowed to engage in risky bets with those insured funds. They can still make the bets, but it has to be through subsidiaries that are not protected by public insurance. This is basic common-sense regulation that virtually all mainstream economists support. Removing it would create enormous moral hazard, as it amounts to a government-subsidized trillion-dollar gambling system. Margin requirements are a vital check on the money supply. They limit the amount of money that banks can create---yes, in case you didn't know, banks can create money out of thin air. (Again, no serious economist disputes this fact.) Margin requirements ensure that they can only create a limited amount of money; by removing them you are essentially authorizing banks to print unlimited money. That would turn our banking system into not merely a gambling system---but a counterfeiting scheme.
December 10, 2014
Someone from Corydon, IN signed.
December 10, 2014
Someone from Poulsbo, WA writes:
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Serve the public, not private interests!
December 10, 2014
Someone from Bayside, NY writes:
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As a CFA Charterholder and FRM( Financial Risk Manager), I strongly recommend that you do not support these previsions that will make our financial system more prone to systemic risk.As you should be aware, unregulated and imprudent derivatives greatly amplified the "housing bubble" and turned it into a Global Financial Crisis.Do not support measures that will weaken our financial system further.
December 10, 2014
Someone from Whiting, VT writes:
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If this goes into effect, then derivatives-gambles will be protected more than will bank-deposits; and this would be a mega-theft by the super-rich from the general public. This would be as catastrophic as TPP, TTIP, and TISA.
December 10, 2014
Someone from Old Hickory, TN signed.
December 10, 2014
Someone from Minneapolis, MN signed.
December 10, 2014
Someone from Newark, CA writes:
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Tax Wall St. Increase FDIC coverage. End high frequency trading. 1% tax on all transactions.
December 10, 2014
Someone from Nashville, TN signed.
December 10, 2014
Someone from Frederick, MD writes:
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The criminality and greed of the banksters must be stopped.
December 10, 2014
Someone from Ridgewood, NY signed.
December 10, 2014
Someone from Dallas, TX signed.
December 10, 2014
Someone from Timber, OR signed.
December 10, 2014
Someone from Brooklyn, NY signed.
December 10, 2014
Someone from Houston, TX signed.
December 10, 2014
Someone from Bedford, TX signed.