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Is $300 justice? Brian, Campaign for a Fair Settlement


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Bringing Justice to Justice

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Breaking the law is not a trade secret.” – Sen. Elizabeth Warren, April 11, 2013

$300. For having your home taken from you illegally.
Is that your idea of justice? The federal bank regulators think it is. Want to know why? Sorry, they can’t tell you – that would mean revealing “trade secrets” of the banks.
It’s true. This week some 4 million families whose homes were stolen by Wall Street criminals in 2009 and 2010 will be getting a total of $3.6 billion in compensation. Most will receive less than $1000. For losing their homes. That amount was arbitrarily determined by the Office of the Comptroller of the Currency (OCC) and when asked why in a Senate hearing yesterday, they said turning over the information would mean turning over confidential “trade secrets”.
To which Sen. Warren responded, “Breaking the law is not a trade secret.” [1]
Exactly. That’s why hundreds of homeowners from around the country are going to DC this May to demand an end to Too Big to Jail. You can support their fight by signing on to this call to AG Eric Holder and President Obama to start criminal prosecutions of criminal Wall Street bankers.
If our system of justice worked, two things should have happened: (1) those responsible should have been prosecuted for their crimes, and (2) borrowers should have been compensated for these violations. You already know that Attorney General Holder and the Justice Department have given the bankers get out of jail free cards. Now the federal regulators have allowed them to pay pennies on the dollar to people who lost their homes. That’s what happens with Too Big to Jail.
In hearings on April 10th, Senator Warren posed the right question: “Have the families been protected, or have the banks been protected?” So far the regulators and Justice Department have thrown down with the banks, not with families. That’s what happens with Too Big to Jail.
We’ve made calls, sent petitions, written letters – and we’re still not seeing the change we need. So next month members of the Home Defenders League, supported by the Campaign for a Fair Settlement, are taking things right to the steps of the Justice Department in DC.
Add your voice to those going to DC by signing on to the petition to the Administration here. We can guarantee your signature will be delivered as part of dramatic and bold actions at the very heart of law enforcement in the United States.
Delivering the 333,000 signatures on April 2 was just the beginning. And we’ve got Too Big to Jail in our sights.

In solidarity,
Brian Kettenring Executive Director, Action for the Common Good Campaign Director, Campaign for a Fair Settlement

PS. If YOU want to go, you can register your interest by clicking HERE. Home Defenders League staff will contact you with more details.

[1]  http://www.youtube.com/watch?v=zD7zM9K0X4c http://www.campaignforfairsettlement.org/
-=-=- Campaign for a Fair Settlement · 11 Dupont Cir, Suite 240, Washington, DC 20036, United States CFS is a multi-sectoral coalition. Common Good and Action for the Common Good staff provide strategic and logistical support to the effort. This email was sent to ynative77@gmail.com.  To stop receiving emails, click here. You can also keep up with Brian, Campaign for a Fair Settlement   on Twitter or Facebook.   -=-=-
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mondaish Monday


079 Capitol Hill United States Congress 1993
079 Capitol Hill United States Congress 1993 (Photo credit: David Holt London)

just another rant …

It’s the middle of April , technically spring, the last day to file taxes, but some Americans are still battling snow or summer like temperature while others hear birds chirping and it feels like spring , though if you live on the left coast ….  It still feels like fall.

The weather is like politics …right, seemingly straight forward with designated seasons only to find as the years progress,  little bumps appear that turn into malicious masses and in spite of it those who happen to be addicted to politics like so many wait to see when and where the sequester hammer will fall.   Though the sequester is only about a month old the media seems to have moved on to sizing up how Hillary will do against the various Republicans wanting to be King; I mean President.

If you did not know better and took what the media spews as the truth, it seemed as if we were closer to 2016 than the beginning of President Obama’s 2nd term.  Telling viewers that gun safety legislation was more than impossible and a filibuster was imminent; then President Obama gave a fabulous speech with families of victims of gun violence standing with President Obama in support of better gun safety laws. This led Newtown families to be advocates for their and our futures asking that members of Congress to do their jobs and let the debate on gun reform happen on the floor of the Senate and the first test vote to move forward and debate Gun Reform was taken  on the Senate floor and passed  68 -31. Unfortunately, two Democratic Senators decided to side with Republicans and while gun reform seems like a no brainer to me we should give props to anyone for their bipartisan efforts to move gun laws into the 21st Century.

Now, the media focus still seems to want viewers to accept that nothing positive can be done in Congress and we hear all their skepticism they have leaped frogged from 2016 elections to the pushing public cynicism on all that is on the Congressional calendar.  Yet, this is the time that voters, people who have friend’s family or co-workers fallen victim to gun violence make calls to a Republican member of the House

This week, in Congress the political games are just about to begin; the so-called debates heated and the word filibuster will probably make its way into even the youngest members of our society’s vocabulary, but as Margaret’s Mead said fits …

Never doubt that a small group of thoughtful committed citizens can change the world; indeed, it is the only thing that ever has. – Margaret Mead

:::::: CONGRESS :::::: S.649


The Senate stands in adjournment until 2:00pm on Monday, April 15, 2013.

5:39pm The Senate began a roll call vote on confirmation of Executive Calendar #21, the nomination of Beverly Reid O’Connell, of California, to be United States District Judge for the Central District of California;

Confirmed: 92-0

WRAP UP

ROLL CALL VOTE

1)      Confirmation of Executive Calendar #21, the nomination of Beverly Reid O’Connell, of California, to be United States District Judge for the Central District of California; Confirmed: 92-0

LEGISLATIVE ITEMS

Began the Rule 14 process of S.729, the Disarm Criminals and Protect Communities Act. (Cruz)

Began the Rule 14 process of S.730, the Firearm Straw Purchasing and Trafficking Prevention Act. (Cruz)

No EXECUTIVE ITEMS

*******************************************************************

April 2013
S M T W T F S
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30

*******************************************************

Last Floor Action:
2:38:04 P.M. – The House adjourned. 4/12/2013

The next meeting in the House is scheduled for 12:00 p.m. on April 15, 2013.

——————————————————————————————-

:::::: CONGRESS ::::::


An almost empty US Congress before the Invasio...
An almost empty US Congress before the Invasion of Iraq (Photo credit: James Morrison)

The Senate stands in adjournment until 2:00pm on Monday, April 15, 2013.

*************************************************

House Calendar … April 2013

Sun Mon Tue Wed Thu Fri Sat
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3

Last Floor Action:
5:45:57 P.M. – The House adjourned pursuant to a previous special order.

The next meeting is scheduled for 10:00 a.m. on April 12, 2013.

What the banks don’t want you to know!


Policy and Action from Consumer Reports

They’re out to weaken your rights – and your watchdog!

Our financial watchdog is under attack right now in the Senate. Without a confirmed director to hold them accountable, the financial industry can get away with a lot more tricks! Tell your Senators to hold the banks accountable!

Lax banking and mortgage oversight tanked our economy, so Americans like you demanded a real financial watchdog, not a bank lapdog.

You got one in the Consumer Financial Protection Bureau. In a little more than a year, this watchdog made the banks pay back $425 million to consumers they duped, made sure borrowers can pay back their loans, and demanded an end to hidden credit card fees.

But rather than being celebrated, your watchdog is under attack. A minority of Senators is holding up the CFPB director’s confirmation unless they can weaken his ability to protect the public – and turn him into a lapdog!

If you’re tired of these politics, email your Senators now and demand the accountability you were promised! 

For more than a year Richard Cordray has successfully led the CFPB, not only holding the banks accountable but going after the giant credit reporting and student loan industries. 

But this success is rubbing the financial lobbyists the wrong way. They want to weaken the bureau by subjecting it to the highly politicized and sluggish Congressional funding process; replace the director with a five-member commission; and let other bank regulators (those who failed to prevent the economic meltdown) veto the bureau’s decisions.

A block of Senators is holding up Cordray’s confirmation for a new term until they get these changes. And without a confirmed director, each of us is at greater risk of being scammed – the CFPB can’t exercise its full powers over payday lenders and certain mortgage operators, as well as student loan servicers and credit reporting agencies.

Email your Senators here and tell them you want a watchdog that holds the financial industry accountable!

The best way to stymie this plan is to flood the Senate with a tidal wave of constituent messages demanding the watchdog we were promised. Please take action, then forward this to as many people as you can so they can act too.

Sincerely,

Pamela Banks, DefendYourDollars.org
Consumers Union, policy and action from Consumer Reports