“If the people lead, eventually the leaders will follow.” 

Over the past year, JwJ coalitions have been calling for a break up of the “too big to fail” banks, new regulations that make the finance sector work for the economy and a large scale national jobs creation program.

Senator Sanders of Vermont is following the lead of the people in introducing a bill to break up the banks that would be “too big to fail.”

The bill would give the Treasury Department 90 days to identify any financial institution that might be ‘too big to fail,’ and then a year to break up all those institutions.

Rep. Paul Kanjorski from Pennsylvania is reportedly planning a similar bill. 

“Trust Buster” Teddy Roosevelt broke up about 40 mega-institutions (his successor President Taft more than doubled that number), understanding that they were a threat to both democracy and the economy.

Let’s hope our leaders follow the people.  Now THAT would be change we can believe in.