As the Senate takes up its banking reform bill (the House passed its bill 5 months ago), Senator Dick Durbin (D-IL), the number 2 Democrat, spoke in favor of an amendment to cut down the size of “too-big-to-fail” banks.  JwJ mobilized thousands of letters to Senators last week in support of this amendment, known as the “Safe Banking Act,” sponsored by Senators Sherrod Brown (OH) and Ted Kaufman (DE).

For 2 years, Jobs with Justice coalitions have been calling for a break-up of the big banks, a tax on the Wall Street speculators that drove our economy into ruin, and a major federal program to save and create millions of good jobs.

We’re generating pressure, but Senate leaders have not yet agreed to even allow a vote on the amendment to limit the size of the banks.

Three things you can do:

1)  Send a letter to the Senate to break up the banks

2) May 17:  Showdown on K street in DC, the political center of Wall street and corporate greed

3) June 22-26:  come to the United States Social Forum in Detroit to build the movement for good jobs and a new economy that

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