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Forum Post: Break Up The Big Banks

Posted 2 years ago on Oct. 17, 2011, 7:44 p.m. EST by TimC (2) from East Brunswick, NJ
This content is user submitted and not an official statement

Here is the message I think we should send. Break up all the big banks and insurance companies under existing antitrust laws. We broke up Ma Bell and Standard Oil and guess what, nobody died! We need more smaller community and local banks that serve their customers and not their stockholder and guess what, THEY GENERATE JOBS!! Regulate and TAX Hedge Funds and Specultion markets. It can be done and we can do it. Find out if our politicians are with us or with the rich people. Lets go. Let me know what you think.

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4 Comments


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[-] 1 points by atki4564 (1259) from Lake Placid, FL 2 years ago

Start the war against Injustice by starting our own banks to double the income of the Bottom 90% of Workers, for many more people will come to your side when you are proactive (for “new” Business & Government solutions), instead of reactive (against “old” Business & Government solutions), which is why what we most immediately need is a comprehensive “new” strategy that implements all our various socioeconomic demands at the same time, regardless of party, and although I'm all in favor of taking down today's ineffective and inefficient Top 1% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves, and thus doubling our income from Bank Profits which are 40% of all Corporate Profits; that is, using a Focused Direct Democracy organized according to our current Occupations & Generations. Consequently, I have posted a 1-page Summary of the Strategically Weighted Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:

http://getsatisfaction.com/americanselect/topics/on_strategically_weighted_policies_organizational_operating_structures_tactical_investment_procedures

Join

http://finance.groups.yahoo.com/group/StrategicInternationalSystems/

because we need 100,000 “support clicks” at AmericansElect.org in support of the above bank-focused platform.

Most importantly, remember, as cited in the first link, that as Bank Owner-Voters in your 1 of 48 "new" Business Investment Groups (or "new" Congressional Committees) you become the "new" Congress, and related “new” Businesses, replacing the "old" Congress, and related “old” Businesses, according to your current Occupations & Generations, called a Focused Direct Democracy.

Therefore, any Candidate (or Leader) therein, regardless of party, is a straw man, a puppet, a political opportunist; what's important is the STRATEGY – the sequence of steps – that the people organize themselves under in Military Internet Formation of their Individual Purchasing Power & Group Investment Power. In this, sequence is key, and if the correct mathematical sequence is followed then it results in doubling the income of the Bottom 90% of Workers from today's Bank Profits, which are 40% of all Corporate Profits.

Why? Because there are Natural Social Laws – in mathematical sequence – that are just like Natural Physical Laws, such as the Law of Gravity. You must follow those Natural Social Laws or the result will be Injustice, War, etc.

The FIRST step in Natural Social Law is to CONTROL the Banks as Bank Owner-Voters. If you do not, you will inevitably be UNJUSTLY EXPLOITED by the Top 1% Management System of Business & Government who have a Legitimate Profit Motive, just like you, to do so.

Consequently, you have no choice but to become Candidates (or Leaders) yourselves as Bank Owner-Voters according to your current Occupations & Generations.

So please JOIN the 2nd link, and spread the word to as many as possible, so we can make 100,000 support clicks at AmericansElect.org when called for, at exactly the right time, by an e-mail from that group, in support of the above the bank-focused platform. If so, then you will see and feel how your goals can be accomplished within the above strategy as a “new” Candidate (or Leader) of your current Occupation & Generation.

[-] 1 points by jimhcom (10) from San Diego, CA 2 years ago

Here is my list.

  1. Make it illegal for corporations to give money to anyone in, or running for public office in any way, shape, or form.
  2. Eliminate the Federal Reserve and return the control of the money supply to the Congress and the people who elect them.
  3. Repeal the 17th Amendment and return the accountability of the Senate to the States and to the people who elect the State legislatures.
  4. Repeal NAFTA and WTO agreements
  5. Require Senators and Congressmen to hold citizen based town hall type meetings at regular intervals during the year and show accountability to the voters for their votes in Congress.
  6. Enforce and strengthen Anti Trust legislation and reinstate Glass Steagall

These 6 steps would restore faith in the government and pave the way to repair the economy and our jobs base.

[-] 1 points by mbsss (92) 2 years ago

You're on the right track and it's always nice to see concrete proposals on these threads. MaBell, sadly, is still AT&T, but it looks like the merger with T-Mobile's US division might actually be prevented--unless something has happened this week that I don't know about. Small banks without the authority to do financial trading would be great. Elimination of anything nearly virtual like hedges, debt trading, and all speculation (gambling other people's hard earned money), should be disallowed.

[-] 1 points by RillyKewl (218) 2 years ago

All that was done before we destroyed Glass-Steagall. What we need to do now is repeal Gramm-Leach-Bliley. That will get the progress started.