Demand no bailout!! Contact your Senator
Demand no bailout!! Contact your Senator
We cannot give money to this banking system. We, the taxpayers, are overburdened by an illegal war. We cannot finance this corrupt system.
and demand that your senator vote against
Financial industry bailout package (The House vehicle is H.R.3997; the Senate vehicle is H.R.1424)
I fully agree Winona!!!
Thanks for the information listing the
vehicle numbers. This is Serious!!
You can also send faxes for free from
your computer through the Senator FAX BOMB...
The following are two other threads on this topic…
So true Winona and SimplyRaw!
Here is a letter you can copy and paste to send to your State House and Sneate Representatives. (It is from Campaign for Liberty’s website.) Just add the Rep or Senator’s name at the top and add your name at the bottom and email, fax, etc. (The bolded type will appear as normal print after copying.):
I urge you to oppose Treasury Secretary Henry Paulson’s $700 billion bailout of Wall Street.
- violates the Constitution by authorizing the Treasury to purchase bad mortgage-related assets.
- greatly enlarges our national debt and further erodes the value of our dollar.
- bails out Wall Street at the expense of Main Street by putting taxpayer funds at risk while freeing up banks to continue making bad loans.
Already, hundreds of billions of dollars have been spent bailing out Freddie Mac, Fannie Mae, and AIG, and the final price tag for those moves could result in trillions of dollars being added to our national debt.
The bailout plan ignores the fundamental reason why our economy is in such crisis: the Federal Reserve and the federal government’s interference in the market and manipulation of the money supply spurred major banks and other corporations to back bad mortgages.
Adopting this proposal will only continue the same flawed practices and greatly worsen the long-term effects.
The way out of this current economic crisis is to return to the principles that made this nation great: constitutionally-limited government, personal freedom, low taxes, and a belief in sound money.
I am asking that you strengthen our economy by taking action to:
1.) End the Bailouts – The Federal Reserve’s authority to use taxpayer money to bail out Wall Street must be revoked and the Fed must be held accountable.
2.) Cut Taxes and Curb Regulation – If we really want to stimulate businesses and revive the market, we need to cut corporate and capital gains taxes, spurring investors to come back to the market and making it easier to attract new workers and clients. It is also time to repeal failed legislation like Sarbanes-Oxley, which has crippled capital markets, diminished our competitiveness, and greatly harmed small businesses.
3.) Reduce Spending – We must freeze all non-entitlement spending by the federal government at current levels and eliminate wasteful spending both domestically and in our trillion-dollar overseas budget. Our debt has to come down, and it won’t until we start living within our means. Reducing spending and cutting the debt will strengthen our dollar and reduce our cost of living.
4.) Reform the Monetary System – If we are to have long-term economic progress, we must end the system of printing money out of thin air. The current laws limiting the circulation of gold and silver-backed currency must be overturned.
Thank you for your attention in regard to this matter. I will be closely watching as events unfold over the next several days. A vote to approve the bailout plan will cost you my vote for your next reelection bid.
I just received the following in my e-mail…
let them know we know THIS when you call fax and email!!!
Submitted by sunny on Wed, 10/01/2008 – 14:42.
From website of Rep. Michael C. Burgess, MD,
26th Congressional District of Texas:
Washington, Sep 28 – Under the martial law procedure,
long-standing House rules that require at least one day
between the unveiling of significant legislation and the
House floor vote on that legislation â€” so that Members
can learn what they are being asked to vote on â€” are
swept away. Instead, under “martial law,” the Leadership
can file legislation with tens or hundreds of pages of fine
print and move immediately to debate and vote on it, before
Members of Congress, the media, or the public have an
opportunity to understand fully what provisions have been
altered or inserted into the legislation behind closed doors.
This is the procedure that the Leadership intends to use to
muscle through important bills in the next two days.
Here is a video of this member of the House of
Representatives arguing against the way the bailout
of the banks is being rammed through Congress:
THE MOST IMPORTANT THING YOU CAN DO FOR YOUR FAMILY,
YOUR FREEDOM AND YOUR COUNTRY, IS TO CONTACT YOUR
SENATE AND HOUSE MEMBERS TO COMPLAIN ABOUT THIS BILL,
AND THE PRESSURE TACTICS BEING USED TO BAILOUT THE
BANKERS AT YOUR, AND YOUR NEIGHBORS EXPENSE!!
35 Senators Up for Re-Election
Mark Pryor of Arkansas
Joe Biden of Delaware
Dick Durbin of Illinois
Tom Harkin of Iowa
Mary Landrieu of Louisiana
John Kerry of Massachusetts
Carl Levin of Michigan
Max Baucus of Montana
Frank Lautenberg of New Jersey
Jack Reed of Rhode Island
Tim Johnson of South Dakota
Jay Rockefeller of West Virginia
Jeff Sessions of Alabama
Ted Stevens of Alaska
Saxby Chambliss of Georgia
Pat Roberts of Kansas
Mitch McConnell of Kentucky
Susan Collins of Maine
Norm Coleman of Minnesota
Thad Cochran of Mississippi
Roger Wicker of Mississippi
John Sununu of New Hampshire
Elizabeth Dole of North Carolina
Jim Inhofe of Oklahoma
Gordon Smith of Oregon
Lindsey Graham of South Carolina
Lamar Alexander of Tennessee
John Cornyn of Texas
Michael Enzi of Wyoming
John Barrasso of Wyoming
Find all the Senate Fax numbers here...
I agree and support 100%!!! If you know who your represntatives are then good for you! I also wanted to share this excerpt on ronpaul.com
Senate to Revive Bailout Bill Tonight?
By tmartin â€¢ October 1, 2008
As predicted earlier this week, the failed bankers and their government enablers wonâ€™t take â€œnoâ€ for an answer. Even though the Bailout Bill was soundly defeated by the House on Monday, the Senate still plans to vote on the bill tonight.
How is this even possible?
In circumvention of normal procedures, the Senate merged the Bailout Bill with another bill that deals with completely unrelated matters: renewable energy tax incentives and a mental health parity provision for health insurance companies (!). If the new hodgepodge version is approved by the Senate, the bill would then be sent back to the House for a final vote.
According to the Campaign for Liberty, the following Senators are considered key votes. Please take a moment to call these Senators and urge them to cast their vote against the Bailout Bill. And please, call your two U.S. Senators and urge them to vote â€œnoâ€ as well.
Elizabeth Dole (NC)
- D.C.: Phone: (202) 224-6342 Fax: (202) 224-1100
- Raleigh: Phone: (919) 856-4630 Fax: (919) 856-4053
Norm Coleman (MN)
- D.C.: Phone: (202) 224-5641 Fax: (202) 224-1152
- St. Paul: Phone: (651) 645-0323 Fax: (651) 645-3110
Roger Wicker (MS)
- D.C.: Phone: (202) 224-6253 Fax: (202) 228-0378
- Jackson: Phone: (601) 965-4644 Fax: (601) 965-4007
Gordon Smith (OR)
- D.C.: Phone: (202) 224-3753 Fax: (202) 228-3997
- Portland: Phone: (503) 326-3386 Fax: (503) 326-2900
Lyndsey Graham (SC)
- D.C.: Phone: (202) 224-5972 Fax: (202) 224-3808
- Greenville: Phone: (864) 250-1417 Fax: (864) 250-4322
Ted Stevens (AK)
- D.C.: Phone: (202) 224-3004 Fax: (202) 224-2354
- Anchorage: Phone: (907) 271-5915 Fax: (907) 258-9305
We stopped it once – it can be stopped again!
I’m not taking any sides here but listening to this whole mess on NPR for a while now, one big worry I have is a credit freeze if nothing is done to remove all these ‘toxic’ mortgages off the banks’ balance sheets. “What about farmers who need to buy seed or the small business that needs to meet payroll”. I hate the idea of this bailout like everyone else here. I’m just trying to look at both sides.
The whole situation is dismal. As far as deregulation goes, wasn’t it the easing of banking rules and deregulation on wallstreet by Republicans that got us into the mortgage crisis mess in the first place? With no rules in place, people who could not prove their personal incomes (as just one example) were able to obtain these hugely risky subprime loans at super low interest rates. Many were told that they would be able to refinance into a fixed loan in a few years just before their subprime mortgage payments ballooned. However, with so many people getting into these risky mortgages, housing values lowered drastically instead of increasing as they should under normal circumstances. With housing values decreasing, all these mortgage holders were not able to refinance into reasonable fixed-rate mortgages b/c their homes were worth less than their mortgages. And then they could not afford their mortgage payments when the adjustable rates increased/ballooned drastically. I’m no mortgage broker but this is how I understand it.
Right now banks aren’t lending money. I don’t think anyone truly knows if a bailout will help recify this situation. It’s a pretty damn scary situation and we are in uncharted territories.
JoyceH – Either way it’s going to be bad. The question is how long it will last. If we print ‘fake’ money to ‘fix’ this problem it will only further inflate the value of our dollar. Prices will continue to rise to a point where the dollar will eventually collapse as a currency. Living here on the coast I have seen foreigners from all locations – more so than I have ever seen! Why? The value of our dollar is weak compared to other currencies. You go and print more money backed by absolutely nothing except our ‘government’s word’ and you’ve just made a bad problem worse. If the bailout doesn’t pass then the companies that deserve to go under will go under and the market will eventually correct itself. Yes it will get worse before it gets better; however, think about raw foods for a moment. Your body can’t fix itself overnight because you change your diet. It takes time, but it does eventually become healthier again. BUT, if you continue to eat the same, bad, destructive foods – eventually your body falls apart. Same thing with the currency. The Fed started this problem (who do you think sets the interest rates?) and now they say doing the same thing (printing money) will fix it? Hmm… I heard one time that repeating the same thing and expecting a different result is – insanity? Just something to think about. :)
Seize and SimplyRaw- thank you for the continuing info! It is all helpful in understanding what is happening, as it is all happening so fast. Just how a few people who want the bailout passed want it- in a blur so none of us have time or understanding to fight it.
JoyceH- sure, that is a part of the big picture, and it was also completely forseen and manipulated by a few incorrigibly corrupt, greedy, selfish, and powerful-behind-the-scenes people, but it really all goes back to the Federal Reserve and how we normal American citizens have been duped and manipulated and raped, basically. Our complacency and ignorance (and laziness, at times, in getting involved) over the generations has allowed it to get this far. So now we MUST stand up for our Constitutional Rights or we will lose what is even left of them. A bailout for the wealthy bankers, investors, and companies CEO’s and owners who CHOSE to lend and spend money in extremely risky ways will only guarantee that we, normal everyday people (and our chidlren!), will have to foot the bill for these squandering, selfish, and sly individuals.
Have you checked out these links with basic info regarding how our monetary system works?
THE MONEY MYTH EXPLODED
“Money As Debt” – 45 minute video
(Paul Grignon’s 47-minute animated presentation of “Money as Debt” tells in very simple and effective graphic terms what money is and how it is being created. Entertaining way to get the message out.)
Seize – great analogy regarding raw food and healing
From Michelle Malkin’s site is the following…
How it will go downâ€¦There will be up to 6 roll call votes on the following items:
(1)Motion to concur on the House message, H.R. 2095, Rail Safety;
(2)a Dorgan amendment relating to H.R. 7081, the U.S. – India Nuclear agreement;
(3)a Bingaman amendment relating to H.R. 7081, the U.S. – India Nuclear agreement;
(4)passage of H.R. 7081, the U.S. – India Nuclear agreement;
(5)a Dodd amendment to H.R. 1424, relating to the bailout package; and
(6)passage of H.R. 1424, the bailout.
Get your fingers dialing:
For more details…
Uugghhhh!! That made me sooo ill!!!
I feel like Charlie Brown.
Bill passed in Senate…now we wait for Friday.
Here is a comment I wanted to share…
Absolutely Disgusting Tactic
- Tuesday, September 30, 2008 @ 10:29:38 PM
- posted by Quin Hillyer at Michelle Malkin’s site (site posted above in
The Senate tomorrow will attach the Wall Street bailout
to a “must pass” tax extender bill. This is dirty pool.
When you are talking about the single most significant
growth of government power EVER, you should let it sink
or swim on its own. You don’t attach it to a goodie basket
and dare the other chamber to vote against it. To do so is
a cheap, despicable tactic. It is the tactic of people without
the courage of their convictions—the tactic of cowards.
Yes, cowards. I am utterly disgusted with McConnell and the
entire Senate leadership. This is not the way to handle
legislation as serious as this is. If the House GOP had
any guts, then if the Senate sends the House the bill in
this form—thus also making a mockery, via legerdemain,
of the requirement that such financial bills should start
in the House—MORE of the House GOP than before should vote
against it, in protest against this sort of hardball pressure.
I think every conservative in the country should raise holy hell
about this. AGAINST this tactic. WHATEVER you think about
the underlying bailout, this BS is utterly insulting.
Made me sick, too, watching it. :(
Hopefully our House Reps will have the wisdom, decency, and strength to veto and oppose it though!! Have faith though, it will all be ok in the end. :)