Dear Hazel,

Yes, you read the subject line correctly — we’re asking the $600 trillion (with a “T”) question. And here it is:

Will Congress pass real reform of the “derivatives” market — valued at $600 trillion — or will Wall Street win massive loopholes and exemptions?

Congress is voting TODAY on this hugely important question. The derivatives market is bigger than the federal deficit; bigger than the entire U.S. economy. We’ve got to get this regulation right, or risk another meltdown.

Please take one minute to call Congress toll-free at 866-544-7573 and tell them:
Americans strongly support real reform without loopholes. See the polling to prove it!
Support the Senate language, not the House language, to fix derivatives.
We need to bring transparency to the derivatives market: no more trading in the dark! And, banks should have enough money to cover their bets.
Separate the riskiest trading from regular banking so taxpayers aren’t on the hook for Wall Street’s gambles.
The fight is down to the wire, and Wall Street is swarming Congress, pulling out all the stops to create loopholes and exemptions to weaken the reforms. They’re hoping that regular Americans aren’t paying attention. Call or write Congress and prove them wrong. Tell them where you stand on the $600 trillion question: you stand for real reform, and they should too.

CALL 866-544-7573: http://www.affil.org/callin
WRITE: http://ow.ly/22FwC

The big banks wrecked the economy. We need to rein them in and fix it. Tell Congress: No exclusions. No loopholes. Stay strong, and pass the strongest provisions to fix derivatives!

Sincerely,
Heather Booth,
Director, AFR

p.s. – Do you use Facebook or Twitter? “Donate” a Tweet or your Facebook Status to Rein in Big Banks!