Coffee Party fights for financial reform

image
Published: 28 Apr, 2010
2 min read

 

The Coffee Party has Wall St. and K St. in its crosshairs.  With a series of action-oriented proposals, the rapidly growing grassroots movement is urging its supporters to take on the Big Banks and other Wall St. fat cats who contributed to the economic collapse.

Here are some of the action items the Coffee Party leadership is proposing:

1.  Organize informational discussions around Wall St. reform

2.  Organize an action in your community to show your support for Wall St. reform

3.  Participate in actions sponsored by the Americans for Financial Reform

4.  Email Annabel Park, organization leader, with personal stories of foreclosures, small business loan rejections, etc

5.  Sit down and engage in civil discourse with local bank managers

6.  Take pictures of events at local banks and post them on Flicker

IVP Donate

7.  Visit your local Senate office and drop off signs, letters, petitions, etc

8.  Move your money out of "Too Big to Fail" banking institutions

As Congress battles over the prospect of meaningful financial reform, the Coffee Party appears to be tapping into Main St anger at the lack of accountability and preferential treatment of Wall St. bankers.

While Wall St has rallied off its record lows in March 2009, real unemployment hovers around 17%, a record number of Americans are on food stamps, foreclosures remain at record highs, hundreds of small banks are failing, and the "Too Big to Fails" aren't lending.

In addition to taking on the Big Banksters who donate huge sums of money to Congresspersons and presidential candidates of both parties, perhaps Coffee Party supporters should consider two other key components of the debate.

First, despite tremendous bipartisan support, HR 1207, known as the "Audit the Fed" bill, may not be incorporated into the financial reform bill.  This legislation would execute a full, public audit of the Federal Reserve, increasing accountability and transparency at the world's most powerful central bank.

Second, perhaps Americans should cease voting for politicians like Barack Obama, John McCain, George W. Bush, and the hundreds of other Democrats and Republicans who supported giving trillions of taxpayer dollars to the likes of AIG, Goldman Sachs, Fannie Mae and Freddie Mac, and the big banks.

Yes, had these firms not received the record bailout, we Americans would've likely experienced terrible, short-term pain.  However, we would have likely laid down the foundation for genuine financial reform and fiscal responsibility in the medium to long-term.

Let Us Vote : Sign Now!

As it stands now, the US has fallen deeper into debt, Main St is suffering, and Wall St is profiting.

 

* For more information on Coffee Party efforts in support of financial reform, please visit here.

You Might Also Like

“Cartoon illustration of Americans facing the U.S. Capitol as light pierces through red and blue partisan cracks, representing independent voters and hope for political reform.”
New Poll: Voters Want New Leadership – and They’re Turning to Independents
A new poll from the Independent Center highlights a clear message from the public: Americans are fed up with the current political leadership, and they’re ready for change....
12 Nov, 2025
-
2 min read
Massachusetts voters.
Ranked Choice Voting Momentum Surges in Massachusetts as Cities Push for Local Control
Ranked choice voting (RCV) continues to see a surge in momentum across the U.S. However, the state that has seen the largest reform growth in the last 5 years -- Massachusetts -- has received little attention. This is because the 10 cities that have approved RCV have not been able to implement it due to state law....
14 Nov, 2025
-
5 min read
Caution tape with US Capitol building in the background.
Did the Republicans or Democrats Start the Gerrymandering Fight?
The 2026 midterm election cycle is quickly approaching. However, there is a lingering question mark over what congressional maps will look like when voters start to cast their ballots, especially as Republicans and Democrats fight to obtain any electoral advantage possible. ...
11 Nov, 2025
-
8 min read