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Where did the money go?

Last year Congress and President Bush gave Wall Street an unprecedented $700 billion taxpayer bailout to stabilize the economy. The first $350 billion has been spent with nothing to show for it. Not only is the economy getting worse, but the government has no idea what the banks did with the money.

Please sign our petition urging your Representative to help us Secure America’s Financial Future.

PETITION TEXT

Dear Member of Congress,

I’m urging you to fix the Wall Street bailout and take steps to guarantee that it never happens again. Financial reform legislation must include:

• Accountability: Hold both banks and their regulators accountable. Require greater disclosure and oversight for all the taxpayer money they’re spending.

• Consumer Protection: Establish a Consumer Credit Safety Commission to ensure that credit cards, bank loans and mortgages are safe for consumers and homeowners.

• Comprehensive Regulation: Close the loopholes that have allowed investment banks, hedge funds, insurance companies and others that sell risky, unregulated products to take advantage of the federal safety net and taxpayer bailouts without accountability.

Sincerely,

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State	ALAKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWY
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What would you ask the Wall Street bankers?

(Photos: REUTERS/Larry Downing)

Congress has finally started grilling the Wall Street bankers on Capitol Hill. Now here's your chance to ask them a question. We'll compile the best submissions, then work one-on-one with supportive members of Congress to make sure your questions get asked when Wall Street CEOs return to Capitol Hill for hearings later this month.

Your Question	Type your question here.
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Stop AIG Bonuses

AIG, which has received more than $170 billion in taxpayer bailout money, has just awarded $165 million in bonuses to its top management.

Please sign our petition to AIG, demanding that they withhold any more bonuses until taxpayer money has been repaid.  We will also forward a copy of the petition and signatures to President Obama, letting him know the public supports his effort to block the bonuses.

Petition Text:

We demand that AIG withhold management bonuses until taxpayer money has been paid back in full. 

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State	ALAKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWY
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Tell Your Legislators to Support a Consumer Financial Protection Agency

Photo by Jim Wallace (Smithsonian Institution)

We can't let the CEO of the U.S. Chamber of Commerce (pictured at right) call new financial rules a "populist overreaction."

Urge your representative and senators to co-sponsor legislation to establish a Consumer Financial Protection Agency.

Please sign our petition below to your members of Congress.

Petition Text

I urge you to co-sponsor legislation to establish a Consumer Financial Protection Agency.

Americans deserve to know that our financial institutions are playing by the rules.

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State	ALAKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWY
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Stop the Ticketmaster merger

Ticketmaster wants to merge with Live Nation (Ticketmaster's leading competitor), meaning that most of the tickets we could buy would be coming from the new mega-ticket conglomerate.

Ticketmaster already adds around 30% to the cost of a ticket in junk fees. And from past experience we know that the less competition, the worse these guys get with their handling, processes and other nonsense fees.

Help us stand up to the merger.  Please use the form below to send a message to Assistant Attorney General Christine Varney, head of the anti-trust division of the Department of Justice.  If you can, please add any personal experience you have had with over-priced tickets, or an inability to purchase tickets from alternative vendors.

Stop The Ticketmaster Merger

Ticketmaster wants to merge with Live Nation (Ticketmaster's leading competitor), meaning that most of the tickets we could buy would be coming from the new mega-ticket conglomerate.

Ticketmaster already adds around 30% to the cost of a ticket in junk fees. And from past experience we know that the less competition, the worse these guys get with their handling, processing and other nonsense fees.

Help us stand up to the merger.

Stop the corporate takeover of democracy

The Supreme Court ruled to lift a 60-year-old ban that kept corporations from influencing federal elections — rights specifically granted to people.

Already, moneyed institutions have too much power over government. I shudder to think of a situation in which Goldman Sachs, ExxonMobil and Big Pharma have even more control.

Tell your members of Congress to protect our democracy.

Wall Street Banks: Pay Us Back

Just six banks are giving out enough in bonuses to nearly cover every state's estimated budget shortfall this year.

How can the banks reward themselves like it was some sort of banner year? The least they can do is pay us back before they lavish all that money on themselves.

If they won't pay it back, we need to take it back. Sign our letter to your members of Congress, calling for a fee on the banks to recoup our bailout money.