Saturday, September 27, 2008

Not One Red Cent! No to the Bailout!

NOTE: I will be bumping this to the top of my blog consistently. Other newer information on the election will be below. Bumpity bumpity bump.

UPDATE 2: These poll numbers (Sat, 9/27/08), show 24% now favor the bailout.

These poll change numbers in regard to the public feeling about the bailout are VERY significant. You are not alone.

I don't normally do this, but am today. It is time that we speak up loud and clear about who we are as Americans and how we feel about bailing out Wall Street.

So here are a couple of issues to consider:

1. Should ANY CEO of any failing company get even one red cent through a tax-payer bailout? When your small business fails, are YOU bailed out and compensated? Does size have anything to do with bad business decision making?

UPDATE: WaMu (whose stock is now at $0.16/share) has a new 18 day-old CEO. In the bailout, he will receive $7.5 million. Sweet, huh?

2. Should we bail out these institutions at all? Paulson meets with republicans and democrat mucky mucks. WHY didn't Paulson go on TV and talk to the public? Are we REALLY supposed to have such party allegiance (one way or the other) and belief in our political leaders that LET this happen (BTW... this all happened under Bush's watch, but started with Reagan, and continued through several administrations) to solve it again without our public oversight? Remember, democrats are just as guilty, and some more than others.

3. Part of the bailout will be to help foreign institutions. Excuse me but since we cannot regulate what THEY do, why the heck are we even including them? Is it because we are in such debt (remember, Clinton left a surplus... long gone after one year of the Bush and neo con bunch decided to squander our surplus on a war that was staged through overt lying to, as Greenspan put it, go to war over oil?) to them given NAFTA and several other trade agreements allowed jobs to flow overseas? And while we Americans were busy shopping at WalMart, we were, in fact, supporting that dismal economical thinking? If cheap labor is the issue--and it is--what has this done to our economy as manufacturing jobs bolted and left our workers jobless? Was that supposed to be a buoy? US was the consumer under NAFTA, Mexico the cheap labor force, and Canada the materials (ore and wood). That worked well, didn't it?

Now get on the telephone, or e-mail, and fax:

Here is where to find your house and senate contacts.

This is an easy to use way to do it. Just put in your zip code (without the rest of the info) and for most that are not in divided districts, your members will come up.

IN ADDITION contact:

Pelosi (who I think should be yanked along with Reid... they have done a TERRIBLE job through this since they took dem leadership). Let's get some REAL leaders in there soon!). Let them know how you feel on this matter:

Nancy Pelosi (D-CA), Speaker of the House:
tel: (202) 225-0100
fax: (202) 225-8259

Harry Reid (D-NV), Senate Majority Leader:
e-mail: (best to fax or call)
tel: 202-224-3542
tel toll free for Nevadans: 1-866-SEN-REID (736-7343)
fax: 202-224-7327