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With bailouts and spending bills in full swing in Washington, the pay to play legacy continues. The financial oligarchy still dominates both the House and Senate and allows the use of the federal government and U. S. treasury to benefit that oligarchy at our expense. Their trickle down theories and artificial speculative bubbles have dominated our economy. Wall Street gamblers and cheaters, dignified by calling themselves investment bankers or investments managers, suck capital out of our economy, using Ponzi schemes that enrich themselves but bankrupt the nation.

Instead of making Wall Street rich first, we need to bring the U.S. back to a fully functioning economy, with full employment and successful small businesses, so that all our citizens can find employment at livable wages, and pursue their dreams.

In 1932-1933, Ferdinand Pecora, chief counsel for the Senate Committee on Banking and Currency, oversaw investigating the causes of the 1929 stock market crash. Bankers went to jail and regulations were enacted that helped pull us out of the Great Depression, and ensured market fairness for the next 50 years. These regulations have been gradually done away with, beginning in the Reagan Administration.

See: http://en.wikipedia.org/wiki/Pecora_Commission

Stan supports and will co-sponsor a new Pecora commission to investigate and end the excesses and abuses by the big business that took over Wall Street and Washington.

We need to create 25 million jobs,

for Americans, in America!

 

Paid for by Stan Jagla for U.S. Senate