The Regulators of Wall Street Want to Hear From You

I'm not sure the title of this Public Citizen letter writing petition is accurate, but it is undeniable that citizens should take action on the subject of Wall Street banking reform. If you've seen the brilliant and unassailably accurate documentary Inside Job, about the factors that caused the current recession after the subprime mortgage crisis of 2008, you should have no doubt that we are all being robbed by the barons of the financial world. The ONLY way we can stop this from happening again and push back against the enormous power of the financial sector is to exercise our Constitutional rights of dissent and pressure regulators and elected representatives. As a people we have all become too passive (and ill-informed) and that has made it possible for interests motivated solely by greed to exploit the public trust. Enough is enough. If you care about the integrity of our financial markets and banking industry you MUST do something. In this case, you can take a minute or two to customize an email letter to Wall Street regulators. Then you can pester your friends and family to do the same. It's important and essential that people who know that we are being fleeced care enough to stand up and fight against those who would steal from our pockets and pensions if they can get away with it.
http://www.citizen.org/fix-wall-street-pay

Okay, two things; maybe the Regulators do want to hear from you because this is a public comment forum and, secondly, modifying these letters (to give them more import to the recipients) takes a a little more than a minute or two. Perhaps it took me five minutes to work through the seven different letters. Base language is provided for each letter and they have all been customized for the target agency. I simply added one or two editorial comments within the body of the letter provide by Public Citizen.

Here are the bits I worked into the letters. I think it's okay to use or modify these, or you can bang out something of your own to personalize your messages:

Overzealous deregulation of financial markets, and the exemption of derivatives from direct oversight and regulation have destabilized our markets and harmed many millions of people in the US and throughout the world.

We need to re-establish accountability and performance as the basis for compensation in the financial industry.

It is unconscionable, unfair and unethical that fortunes have been made and amplified on deals that were designed and expected to fail over time.

Let us not blithely reward unethical and opportunistic behavior by members of the financial community.

Yet, these rewards are not in any way based on longterm viability and performance of financial instruments, but rather solely on short-term, un-vetted sales data.