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Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)

 
Dreamslayer
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User ID: 14808964
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05/28/2012 06:15 PM
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Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
Greetings,

I just signed the following petition addressed to: Federal Reserve Bank Board of Governors.

----------------
Get Jamie Dimon off the New York Fed

Jamie Dimon is CEO of JP Morgan Chase, one of the largest and most powerful banks in the world. Because the bank is "too big to fail", it receives implicit backing from US taxpayers. Mr. Dimon has a special responsibility to safeguard the bank's health -- not just for the sake of his shareholders, but for the public good.

Mr. Dimon failed in that duty when he personally approved a very risky approach to trading, with the potential to destabilize world financial markets. It was never a matter of whether this highly leveraged gambit would fail -- it was a matter of when it would fail and what would be the scale of the final damage.

read more: [link to www.change.org]

---------------------------

we need just a little over 5k more signatures, come on GLP!



sign the petition: [link to www.change.org]
:kk-dpd:
Anonymous Coward
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05/28/2012 06:19 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
bumpbumpbump
Dreamslayer (OP)

User ID: 14808964
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05/28/2012 06:19 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
Neither those on the right or those on the left should allow the government business partnerships that create 'Too Big To Fail.' Bank customers and investors should make the choice about the failure of an organization. With unlimited support from taxpayers, JP Morgan answers to no one, and that is wrong.

bump for truth
:kk-dpd:
Dreamslayer (OP)

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05/28/2012 06:22 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
Further regulation of banks is necessary to a true free market economy. Financial reform is impossible if those on top are continually allowed to protect their own interests at a greater efficiency than the greater American public. Dimon on the board of directors of the Fed of New York is a conflict of interest, which in turn creates a conflict for equitable American prosperity.
:kk-dpd:
Dreamslayer (OP)

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05/28/2012 06:31 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
This man should be in jail, not being paid millions to play with investors' money. When it has become obvious that the US government will bail out large banks for stupidity it's time for a change


on that note... Come on GLP get involved!

hf
:kk-dpd:
Anonymous Coward
User ID: 15689089
United States
05/28/2012 06:39 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
Does it matter whom they put in these positions?

our own gov is allowing them all to rape our country!

stop making it look like we can do a damn thing about it!

STFU or start getting rope! for all of um!
Anonymous Coward
User ID: 16728641
United States
05/28/2012 06:40 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
You are aware the Federal Reserve is a private corporation(the only one that pays a 6% dividend by law)owned by the very banks they serve?

IE what is the point of getting rid of Jamie Dimon.Every single member of the entire board owns shares of the very banks the FED gives money to.

It is one giant screw everyone but the bankers corporation.The very idea taking one shareholder of the FED off the board is absurd at best.THEY ALL OWN SHARES of the FED and member banks.

Just saying.
Dreamslayer (OP)

User ID: 14808964
United States
05/28/2012 06:44 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
Does it matter whom they put in these positions?

our own gov is allowing them all to rape our country!

stop making it look like we can do a damn thing about it!

STFU or start getting rope! for all of um!
 Quoting: Anonymous Coward 15689089



so you suggest we do nothing at all?

this is the problem with our society, everyone would rather sit on there fat macdonalds big mac eating asses and do nothing, Only wastes of skin.... accept defeat.
:kk-dpd:
Anonymous Coward
User ID: 7569846
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05/28/2012 06:45 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
you can't remove a "Made" man from anything....is it just me or does this guy look and sound like he just stepped off the set of "the Sopranos"
Dreamslayer (OP)

User ID: 14808964
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05/28/2012 06:48 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
You are aware the Federal Reserve is a private corporation(the only one that pays a 6% dividend by law)owned by the very banks they serve?

IE what is the point of getting rid of Jamie Dimon.Every single member of the entire board owns shares of the very banks the FED gives money to.

It is one giant screw everyone but the bankers corporation.The very idea taking one shareholder of the FED off the board is absurd at best.THEY ALL OWN SHARES of the FED and member banks.

Just saying.
 Quoting: Anonymous Coward 16728641


good point, did you even read the site link i posted?

Jamie Dimon risked depositors' money and all of our futures. Despite this, Jamie Dimon still sits on the board of directors of the Federal Reserve Bank of New York – an institution charged with supervising JP Morgan Chase and other Wall Street banks.

The fox is guarding the henhouse. It is entirely unacceptable to have Mr. Dimon involved in the governance of the New York Fed, an organization that oversees his activities, decisions, and potential losses.

:kk-dpd:
Anonymous Coward
User ID: 3816640
Canada
05/28/2012 06:51 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
As soon as he leaves JPM he then is appointed treasury secretary,
Or a new cozy office at the FedNy
Anonymous Coward
User ID: 16728641
United States
05/28/2012 07:16 PM
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Re: Jamie Dimon must resign or be removed from the Fed Res Board of Directors (sign this petition)
You are aware the Federal Reserve is a private corporation(the only one that pays a 6% dividend by law)owned by the very banks they serve?

IE what is the point of getting rid of Jamie Dimon.Every single member of the entire board owns shares of the very banks the FED gives money to.

It is one giant screw everyone but the bankers corporation.The very idea taking one shareholder of the FED off the board is absurd at best.THEY ALL OWN SHARES of the FED and member banks.

Just saying.
 Quoting: Anonymous Coward 16728641


good point, did you even read the site link i posted?

Jamie Dimon risked depositors' money and all of our futures. Despite this, Jamie Dimon still sits on the board of directors of the Federal Reserve Bank of New York – an institution charged with supervising JP Morgan Chase and other Wall Street banks.

The fox is guarding the henhouse. It is entirely unacceptable to have Mr. Dimon involved in the governance of the New York Fed, an organization that oversees his activities, decisions, and potential losses.

 Quoting: Dreamslayer


My point is removing him does nothing.The shareholders of the banks are the shareholders of the Federal Reserve.It(FED) is after all "owned" by the 12 regional reserve banks,who in turn are owned by the banks they serve.

Every single member on the board of the Federal Reserve was placed there by bankers for bankers directly.The TBTF banks vote on boards for the 12 regional reserve banks,who in turn vote the NY fed board.Read the charter.

The president of the United States supposedly gets a say in who the NY fed president is.The last president who questioned the man recommended was killed 11 days later(JFK). Read the charter.Even if the president says no to who the recommend they can over ride him with a simple majority(of the other NY Fed board members)in an open vote.That should make it pretty clear who has the power.

This country is run by bankers period.

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