O'Malley 10-Page Financial Plan: Protecting The American Dream From Another Wall St. Crash

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from the 10-page white paper:

Governor O’Malley knows that the American Dream today remains out of reach for too many families. To attack this problem, it will take a multi-pronged and fearlessly progressive approach to addressing economic inequality. But the results of any steps we take as a nation to raise wages, ensure retirement security, and make the dream of homeownership a reality can be wiped out in an instant by another Wall Street crash.

We need to protect America’s economy. And we can only do it by implementing strong accountability and structural reforms that build upon the Dodd-Frank Act and put an end to too-big-to-fail, too-big-to-manage, and too-big-to-jail financial firms.

BRINGING REAL ENFORCEMENT TO WALL STREET—FINALLY

*read Martin O'Malley's 10-page plan*: http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf

related:

Martin O'Malley's Open Letter to Wall Street’s Megabanks (July 9)
https://martinomalley.com/dear-wall-street/

http://www.democraticunderground.com/1251433099


Dean Barker ?@deanbarker 26m26 minutes ago
This touches on a genuine weakness of the (generally terrific) Obama Admin. Yes, please!
http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf …




Phil Mattingly ?@Phil_Mattingly
A presidential candidate talking FDIC living wills! A FinReg reporter's dream. (Full @MartinOMalley paper here) http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf …


Gabriel Debenedetti ?@gdebenedetti
Lotsa specifics in @MartinOMalley's Wall St plan this AM—like a 3-yr ban on the regulator/finance firm revolving door http://politi.co/1HhO9CA

[bigtree]

1. kick

[JustAnotherGen]

2. Posted to for later

Will start tweeting this out tonight!

[bigtree]

4. :)

...thanks, JustAnotherGen!

[FSogol]

3. K & R. n/t

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5. kick

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6. Finally someone calls for higher capital requirements on largest banks

Mike Konczal ?@rortybomb 18m18 minutes ago

Finally someone. @MartinOMalley calls for higher capital requirements on largest banks, surcharge for over $500bn. http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf …

Mike Konczal ?@rortybomb 18m18 minutes ago
Note correct language of "fund themselves with
equity instead of risky debt", not "hold capital" cc @anatadmati http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf …

[elleng]

17. GOOD details!

[FSogol]

7. O'Malley will require that appointees to key positions have strong backgrounds in fighting for the

public interest and a proven ability to prosecute people who break the law.

[1StrongBlackMan]

8. I'm liking this guy's plans. n/t

[bigtree]

9. alright

...good to hear that!

[Auggie]

10. Me too.

[elleng]

12. Very good to hear!

NOT surprised!

[1StrongBlackMan]

13. From what I'm reading and hearing ...

I want to say: "Please proceed, Mr. Governor" ... but in a good way!

[elleng]

15. YES!

[FSogol]

20. +1 n/t

[elleng]

11. GOOD WORK!

[Sheepshank]

14. While the rabble fight on, O"Malley is doing some real work

and coming up with some real plans.

And they are darned good ideas!!!!

[elleng]

16. DARN RIGHT, Sheepshank!

That's what he DOES, PLANS and takes ACTION!

[bigtree]

18. .

[Raine1967]

19. Kicking for more visibility!

[1StrongBlackMan]

21. I'm going to have to donate ...

From previous experience, I've found it's the best way to get the most policy information, quickly ... though, I don't know I want my in-box full of campaign stuff.

[elleng]

23. C'mon in, Man!

There's not TOO much stuff, and mostly useful.

[bigtree]

22. Another day, another detailed progressive policy rollout

Lis Smith ?@Lis_Smith
Another day, another detailed progressive policy rollout from @MartinOMalley

[kenfrequed]

24. Sounds an awful lot like a Senator I know

Will he support Bernie Sanders later on?

[lovemydog]

25. I like this pledge on immediate action for Wall Street reform.

http://martinomalley.com/wp-content/uploads/2015/07/OMalley-Wall-Street-Reform.pdf

Including the promise to immediately introduce legislation to reinstate the Glass-Steagall Act. O'Malley is the real deal. His campaign is consistently releasing specific proposals to strengthen the middle class.

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26. Lis Smith memo:

[elleng]

27. Yes indeed, NOT a follower!