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STOP The Plunder! Call Your Representatives Say No To The Bailout!
Monday, September 29th, 2008 @ 11:10 am | You think so
CALL your Senators and Representative right now to say “No $700 Billion Bailout for Wall Street” – dial the Capitol switchboard at 800-473-6711 or 202-224-3121
Email Senators and House Representatives
From CREDO and Democrats.com
“After a week of high-drama negotiations, Congress and Hank Paulson issued Bailout version 1.1, which is just the original Paulson pig with a lot of lipstick.
Republicans say the deal will be profitable for taxpayers, but they are lying – just as they did about the invasion of Iraq producing lower gas prices. It’s a lie because Paulson has full power to pay too much for the securities and he will because his real goal is a bailout of bank executives and shareholders with our money – a massive ($2,333 per person!) transfer of wealth from the poor and middle class to the rich.
Democrats say they got oversight, accountability, and limits on executive compensation but each of these provisions is so full of Republican-written loopholes that they are meaningless – just like all other restrictions imposed on the Bush Administration, from Iraq to wiretapping. And that’s before Bush simply negates any restrictions he doesn’t like with one of his unconstitutional (and hence impeachable) signing statements.
So our answer remains ABSOLUTELY NOT.
The House will vote on Monday and the Senate will vote on Wednesday. ”
Read what MARDU says about the bailout.
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