Should Corrupt Bankers go to Prison? Petition Gets Hundreds of Thousands of Signatures
A petition to put big banksters in prison has gotten over 620,000 signatures in just three weeks, gaining 250,000 of those signatures in the first 48 hours. The petition is calling on the Obama Administration and other leaders in governments around the world to hold bankers accountable for the actions which led to the worst economic crisis since the Great Depression.
Big banks have been caught in a massive scam to rig global interest rates, ripping off millions of people on their mortgages, student loans and more! We’d go to jail for this, but Barclays bank has only been fined, and just a fraction of their profits! Outrage is mounting — this is our chance to finally turn the tide of the banks’ reign over our democracies.
Many of those signing the petition are also in Europe, calling for European bankers to also be held responsible for what they’ve done. The Eurozone has been under severe economic pressure since the recession began, austerity measures are being pushed onto citizens and some banks that are hundreds of years old have faced bankruptcy as a result of excessive risk-taking by bankers around the globe.
One of the things that angers consumers is that government bailouts tend to increase the appetite for risk among those in the banking industry. When banks know that they are going to be bailed out, many of them accept risks that they would not normally incur as a result of standard business operating practices. This creates a scenario in which bankers can be rewarded when things go well, but remain unpunished when things go wrong.
To sign the petition, click here.
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