Send this letter to your congressmen/congresswomen ASAP to stop the bailout!

[Pedro TT]

To find your representative, just follow this link:
https://forms.house.gov/wyr/welcome.shtml

Then copy/paste the letter below.

Congressman,

I rarely write my representatives but I fear that we are going to ram bailouts through the political process without using one bit of logical reason. You’ve most likely been told to sign on the dotted line and accept this proposed $700 billion bailout by the same men that have put our great country into this horrible economic situation.

The true dollar amount of the bailout is enormous. These bailouts grow by the day and even now it is impossible to tell how large the final cost to us taxpayers will be. The total financial obligations could easily be over 4 trillion dollars. And what is this for? To bail out the poorly managed financial institutions that made poor business decisions. These bailouts will just transfer the burden of these bad decisions from a small group of people to the entire American Public. This is not free market capitalism. It is Socialism!

I urge you Congressman to NOT vote for this proposed bailout. It will bring about an economic future for this nation that is exponentially worse than the one we would have without this proposed bailout by destroying the value of our currency.

I ask that you take a small moment of your time to watch this video of some leading economists explaining what this bailout will do to our economy and why you should NOT allow this proposal make it past the house floor.

http://www.youtube.com/watch?v=TIbD3BGoe5g

Thank you for your time.

 

[Dr.3D]

Or just go to this web site and let it do it for you.
http://www.votenobailout.org/

 

[Working Poor]

What a waste of time do you really think anybody in congress is going to do anything. I mean really?

 

[Smiley Gladhands]

Here's what I sent to my representatives:

This Wallstreet bailout is ridiculous. Small businesses run by real americans fail when their leaders make bad decisions. But apparently, if a company is large enough and makes EXTREMELY bad decisions that threaten the stability of the financial markets, they get bailed-out. That's not fair, and I will not be voting for anyone who supports this bail-out of Wallstreet.

Furthermore, the SEC is the most hypocritical organization I know. They have been aware of the manipulative naked shorting problem on Wallstreet for years, yet have done nothing to solve the problem. Yet now they suddenly blame short-sellers for the declines in financial service stocks, and their subsequent insolvency. All short-selling is banned in these stocks, even though none of these stocks appear on the Reg SHO threshold list, and they all have very little short interest. Meanwhile, stocks that have been targeted by criminal shorts for years are still allowed to be naked-shorted into oblivion.

The SEC is clearly not interested in fair and efficient markets....they are actually now the biggest manipulator of stock prices.

So I don't trust that more regulation will solve the problems, or that 700 Billion will solve any problems. Our current 'regulations' are ignored or abused, as are the trillions already spent wastefully over the years.

Let the markets be free, because all this government-sponsored manipulation and bailing-out is really making me reconsider whether I should be invested in such an unstable and unpredictable market.

And please don't bail out the car companies either....or the airlines....or the farmers. If their businesses are bad, they will fail or merge. No more corporate socialism, please.

Thank you,
Jordan


p.s.- The phrase 'Too Big to Fail' has been over-used recently. The phrase should be 'Too Big to be Bailed-Out'. If only the largest get bailed-out then it creates a situation where the small businesses fail, while the large ones (who made the biggest mistakes) survive. It creates companies that are even BIGGER and HARDER for the financial system to handle their inevitable failure. Plus, the increased regulations that will no doubt accompany this trillion-dollar bailout are easier for the large companies to comply with, and harder for the small businesses. Everything Washington does makes me think that you are only interested in seeing the big get bigger, and the small get crushed. If that's the case, you should stop asking the little guys to vote for you.

I hope you do the right thing, and vote against ANY VERSION of a Wallstreet bailout...even if it is called "The Necessary Bailout of Wallstreet In Order to Protect Mainstreet Act." I hope you respect the Republican Party's free-market principles, despite what Paulson says. He is an obvious liar, since he has been saying all along that the system is sound, yet suddenly needs 700 Billion to keep the system from collapsing. If you trust a single word that comes out of that banker's mouth, then you are more gullible than the average american voter.

p.p.s - I'm not sure why I'm writing my 'representatives' anyway, since Congress has essentially ceded all its power to the Executive Branch. Hopefully this one time you all will step up and protect the average american instead of rubber-stamping a bill essentially written by the Executive Branch. But I won't hold my breath.

 

[dsentell]

What a waste of time do you really think anybody in congress is going to do anything. I mean really?

At least we are trying.

It did appear to work with the Amnesty Bill last year.

 

[Otter Mii-kun]

sent

I've sent out the letter above in the opening post to my representative and also to both my Senators - with modifications.

The message as I sent out:

To the Honorable Candice S. Miller:

With the financial markets crisis and the dollar now in apparently terminal collapse, I fear that we are going to ram bailouts through the political process without using one bit of logical reason. You’ve most likely been told to sign on the dotted line and accept this proposed $700 billion bailout by the same men that have put our great country into this horrible economic situation.

The true dollar amount of the bailout is enormous. These bailouts grow by the day and even now it is impossible to tell how large the final cost to us taxpayers will be. The total financial obligations could easily be over 4 trillion dollars. And what is this for? To bail out the poorly managed financial institutions that made poor business decisions. These bailouts will just transfer the burden of these bad decisions from a small group of people to the entire American Public. This is not free market capitalism. It is Socialism!

I urge you to NOT vote for this proposed bailout. It will bring about an economic future for this nation that is exponentially worse than the one we would have without this proposed bailout by destroying the value of our currency. (as can be seen by oil shooting up more than $30+/barrel in a day-and all leads pointing to it continuing to climb-and hit daily record highs again!)

I ask that you take a small moment of your time to watch this video of some leading economists explaining what this bailout will do to our economy and why you should NOT allow this proposal make it past the house floor.

http://www.youtube.com/watch?v=TIbD3BGoe5g

Thank you for your time.

[closing]

I do kinda feel stupid for having to keep sending out these messages, but it's important to KEEP THE PRESSURE UP!

 

[Working Poor]

I have sent out so many letters to the Senators and Congressmen from my state and it seems like they just don't care. I did get a letter back from one saying they don't agree with me.

Well I will do my part and try to vote them out of office at least. It just seems the government is going to do what it wants to do. It is defiantly our of control.

I am going to try and make my vote count on the local level if at all possible.

 

[Kotin]

sent

 

[kaleidoscope eyes]

sent it out, will be eagerly awaiting my form "blah blah blah" replies I usually get.

But who knows? It can't hurt right?

 

[JordanL]

I don't think Congress will even entertain listening to voters on this one.

This is all about their own mistakes. Obviously this entire mess is because of their spend-thrift ways and terrible monetary policy, and Ron Paul has predicted all of this correctly, yet if they do not do this, the way things, the established order, completely collapses. The dollar would completely evaporate, and our economy would completely crash.

They have no ability to listen to voters on this one. If they do the bailout, some of them will be voted out, but if they don't and the economy completely collapses, all of them will. Heck, that would probably lead to another revolution of sorts, who knows.

They have no choice in this matter.

And sending them a letter that tells them I understand this set of facts is probably the scariest shit they could ever receive, so you better believe thats what I'm doing.

 

[HOLLYWOOD]

Or just go to this web site and let it do it for you.

[B]http://www.votenobailout.org/[/B]

BUMP THIS!

add a PS: If you vote for this Illegal BAILOUT, we here in our district will Organize a CRUSADE to ENSURE, you are NEVER ELECTED AGAIN!

 

[surf]

i've sent two letters to each of my reps, had an LTE published in a Seattle paper, and encouraged at least 2 of my friends to send letters - suspect to get up to ten to do so.

keep this bumped and share your stories.

 

[Dr.3D]

Or just go to this web site and let it do it for you.
http://www.votenobailout.org/

Make it easy on yourselves and just use that web site.
Please tell your friends about it.

Perhaps this web site should be a separate thread?

 

[Dr.3D]

bump

 

[RSLudlum]

I've been thinking about sending a small plastic bucket filled with funny money and a note to each of my reps