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Fighting Back on Another Front -- The Money [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2025-02-10
Along with the many good suggestions so far, here's something else.
Wall Street, the markets, big financial firms and corporations are business-as-usual dealing with this administration's crazy policies. CEOs and bankers have already cozied up to the new overlords.
If you hold financial investments of any kind -- stocks, mutual funds, 401-Ks and IRA' s, CD's and savings accounts -- NO MATTER HOW SMALL, get on the phone to express your concern.
Have a broker? Call them personally, plus their regional and national offices. Tell them you're concerned with the fast and loose approach that's creating market instability. That you don't appreciate their robust support for policies targeting your wealth and benefits. Ask them to use their influence to remind Washington that smaller investors stand to lose the most if this goes badly.
No broker? See what funds are in your accounts, then contact those firms. Or contact your banks directly. Mention that you have no problem pulling your accounts if necessary.
Here's a small sample of who to seek out:
Firms such as JP Morgan Chase/ Citigroup/ Goldman Sachs/ Merrill Lynch/ Morgan Stanley to name a few. Or seek out the many activist investors shaking up big firms.
Finally, remember you are not sheep. It's YOUR money; YOUR life. A groundswell from grassroots folks worked during the Gilded Age to deter some of big money's excess as did the Occupy Wall Street movement in 2011.
Let's not just rely on our elected reps and courts. Let's try everything we can think of.
Keep the faith.
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