PETITION: President Trump—Commit to Glass-Steagall by State of the Union

 

Donald Trump at a campaign rally in Newtown, Bucks County, PA, Friday, October 21, 2016. Photo: Michael Candelori

The following petition was originally drafted by a group entitled “Our Revolution in Northwest Ohio.” With their commitment to unify the entire nation, they have issued a call to all groups, e.g. the “Tea Party, Republicans, Democrats, Labor and Business,” to rally around the necessary first step of passing Glass-Steagall legislation. Their effort is consistent with the aims of LaRouchePAC, and we are circulating this as part of a national mobilization for the immediate passage of Glass-Steagall legislation by the House and Senate, to be signed into law by President Trump.

In addition to the reinstatement of Glass-Steagall, LaRouchePAC is calling for the full implementation of LaRouche's Four Laws: 1. Reinstate FDR’s Glass-Steagall banking separation, 2. Return to a Hamiltonian System of national banking, 3. Invest federal credit for productive employment, and 4. Launch a crash program for fusion power. These four laws, as laid out in a resolution recently passed by the Illinois State House in June, 2016, are the four critical steps to rebuild the American economy.

We are asking every citizen to rally around this economic program with the greatest urgency. These four laws are the only effective way to address both the dire economic and financial crisis after decades of destructive policies, as well as activate the potential for great development, as we now see throughout Asia with China’s New Silk Road Initiative.

Sign this petition. Share it with your friends, family, and networks. Each signed copy will be hand delivered to your Congressmen and Senators. If you are the head of an organization, issue a similar challenge to President-elect Trump. If you are an elected official, introduce legislation similar to the bold call from the Illinois State House. A PDF of this petition can be found here.

As President Franklin Roosevelt stated at his first Inaugural Address, “This Nation asks for action, and action now!”

Open Letter to President Donald Trump and to all members of Congress:

January, 2017

We the undersigned strongly feel the need for protecting our economy from another unnecessary market crash and recession like the one experienced in December of 2007. As you take office, the conditions for a collapse are too similar to those of 2007: rising asset values together with a lack of separation between FDIC insured banking and risk-investment brokering.

We applaud President Trump’s campaign statement in Charlotte, North Carolina, October 26, 2016, endorsing a call for "A 21st Century version of Glass-Steagall," and reintroducing a modern day Glass-Steagall Act. We trust that you understand that stabilizing the business climate and securing the assets as separate from Wall Street speculation is a key to prosperity during your administration.

To set the tone of discourse in Congress 2017, we ask that President Trump restate his support for a Glass-Steagall Act during the State of the Union address.

Be assured in doing so, you will find common ground with both the Republicans and the Democrats since both party platforms have the support of banking legislation that separates insured accounts from Wall Street speculation in their respective platforms.

Thank you for responding to the call from citizens, businesspersons, bankers and legislators as we move forward.

WE URGE THAT THE GLASS-STEAGALL LEGISLATION BE PASSED BY BOTH THE HOUSE AND SENATE OF THE U.S. CONGRESS, AND SIGNED INTO LAW BY INCOMING PRESIDENT DONALD TRUMP. WE ALSO ASK THAT THE ENTIRE FOUR LAWS OF ECONOMIC DEVELOPMENT ALSO BE IMPLEMENTED DURING THE FIRST 100 DAYS.

*Please leave your city, state and zipcode if you want us to deliver the signatures to your Representatives.

Who's signing

Sheila Foster
Rebecca Staunton
Manuel Barba
Joanne Darassi
Colm Keegan
Rachel Kennedy
Harry Fischer
lia van den hoek
Janeen Gelinas
Marc Dujardin
james holmes
Steven Silberberg
Les Jamieson
Kathleen Mahoney
massimo balzano
Karl Goesele
Tamara James
David Hughes
Jim Gomez
Jeffrey Ramberg
Teddy Turner
Craig Stickler
Kenneth Newberg
Elvis Brica
Mark Sell
Axel Johannsson
Sadie Johannsson
Morgan Baker
Robert Baxter
2,236 SIGNATURES
10,000 signatures

Will you sign?

or Text GSTRUMP to +12025248709 to sign
  • Sheila Foster
    signed 2017-02-23 13:50:19 -0500
  • Rebecca Staunton
    signed 2017-02-23 13:41:52 -0500
  • Manuel Barba
    signed 2017-02-23 13:33:56 -0500
    Manuel Barba
  • Joanne Darassi
    signed 2017-02-23 13:33:20 -0500
  • Colm Keegan
    signed 2017-02-23 12:42:25 -0500
  • Rachel Kennedy
    signed 2017-02-23 12:40:55 -0500
  • Harry Fischer
    signed 2017-02-23 12:39:00 -0500
    Dear Mr president you said you will help African Americans so when the housing bubble bust people who where hurt the most was African Americans we lost over 90% of our wealth by restoring glass-steagalll will go a long way to helping African Americans thank you Mr president and God’s speed
  • lia van den hoek
    signed 2017-02-23 10:17:17 -0500
  • Janeen Gelinas
    signed 2017-02-23 10:14:10 -0500
  • Marc Dujardin
    signed 2017-02-23 10:10:04 -0500
  • james holmes
    signed 2017-02-23 10:00:16 -0500
  • Steven Silberberg
    signed 2017-02-23 09:52:23 -0500
  • Les Jamieson
    signed 2017-02-23 09:09:10 -0500
    Les Jamieson
  • Kathleen Mahoney
    signed 2017-02-23 07:57:18 -0500
  • massimo balzano
    signed 2017-02-23 06:21:03 -0500
  • Karl Goesele
    signed 2017-02-22 22:59:21 -0500
    in case you do not know President Trump installed a new Wall Street USA Treasury Secretary yesterdaay February 21 2017.

    So went Glass Steagall

    It shows that Trump did not do his homework even he promised to sign Glass Stegall


    pres
  • Tamara James
    posted about this on Facebook 2017-02-22 21:53:00 -0500
    Sign the petition: @realDonaldTrump: Commit to #GlassSteagall by State of the Union #sotu2017
  • Tamara James
    signed 2017-02-22 21:52:35 -0500
  • David Hughes
    signed 2017-02-22 19:37:35 -0500
    Please adopt these measures. Thank You, David Hughes
  • Jim Gomez
    signed 2017-02-22 14:53:44 -0500
  • Jeffrey Ramberg
    signed 2017-02-22 12:32:58 -0500
  • Teddy Turner
    signed 2017-02-22 08:40:20 -0500
    TEDDY TURNER
  • Craig Stickler
    signed 2017-02-22 07:57:31 -0500
  • Kenneth Newberg
    signed 2017-02-22 04:38:56 -0500
  • Elvis Brica
    signed 2017-02-22 02:31:05 -0500
  • Mark Sell
    signed 2017-02-22 00:28:25 -0500
    BRING ON GLASS STEAGLE
  • Axel Johannsson
    signed 2017-02-22 00:00:56 -0500
  • Sadie Johannsson
    signed 2017-02-21 23:55:10 -0500
  • Morgan Baker
    signed 2017-02-21 20:58:36 -0500
  • Robert Baxter
    signed 2017-02-21 19:49:10 -0500

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