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New Yorkers: Take Action to Crack Down on Wall St.

Posted by libhom Thursday, February 03, 2011

wood sculpture that says original bankster on itI received this Action Alert in an email from Credo/Working Assets (It has been edited for brevity.):

Call Attorney General Eric Schneiderman: Hold Wall Street criminals accountable!

Call New York Attorney General Eric Schneiderman at (800) 771-7755.

New York Attorney General Eric Schneiderman has a chance to make sure some of Wall Street's biggest criminals don't get away with cheating millions of foreclosure victims. But we need you to make a call right now.

Less than a month ago, the lead Attorney General in a 50-state investigation of the mortgage industry, Tom Miller of Iowa, promised a group of foreclosure victims and their advocates that the investigation would "put people in jail."1

This was in response to revelations from Congressional hearings and news articles documenting pervasive abuses by mortgage servicers — the companies that collect the mortgage payments, impose late fees, negotiate loan modifications and initiate foreclosures.

But now AG Miller has changed his tune, calling the investigation "inherently civil," not criminal.2 And just last week, when AG Miller once again met with foreclosure victims, he refused to repeat his pledge to prosecute those responsible.

That's why we're teaming up with our friends at National People's Action for a national call campaign targeting the attorneys general of every state. Join thousands of activists across the country in calling your state's attorney general to demand that Wall Street's biggest criminals are held accountable for their crimes against foreclosure victims.

Call New York Attorney General Eric Schneiderman now and demand criminal penalties for corrupt mortgage servicers.

Attorney General Eric Schneiderman — (800) 771-7755

I would mention that Schneiderman should go after all the other crimes being committed routinely by Wall St. as well.

Andrew Cuomo did very little as Attorney General to crack down on the Wall St. banksters and brokesters. However, Schneiderman campaigned on a promise to be "The Sheriff of Wall St." I do know that politicians try to weasel out of campaign promises when interests that make big campaign contributions are involved. That's why it is so critical for people to remind our new Atty. General of his responsibilities.

On a lighter note, here are some great quotes about banksters I ran in a previous posting about a year ago.
It is easier to rob by setting up a bank than by holding up a bank clerk.
Bertolt Brecht

I hate banks. They do nothing positive for anybody except take care of themselves. They`re first in with their fees and first out when there`s trouble.
Earl Warren

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.
Josiah Stamp

Banking establishments are more dangerous than standing armies.
Thomas Jefferson

Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
James Garfield, 20th US President
Assassinated, 1881

Photo: wot_nxt




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