No Blank Check for Wall Street

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Please sign petition and email your friends.

"No blank check for Wall Street.
Congress is on the brink of making a one-sided deal to give George W. Bush a blank check to bail out his pals - offering nearly (or perhaps more than) a trillion taxpayer dollars to Wall Street to cover its bad debts. That works out to somewhere between $2000 and $5000 from every American family. So what do the taxpayers get in return?

Nothing. No new regulation or oversight to help avoid this kind of crisis in the future. No public interest givebacks to help people whose homes are in the hands of the banks. Perhaps most shockingly of all, the taxpayers get absolutely no share in the profits if and when these finance giants bounce back, even though we are now assuming a great deal of the risk.

This is worse than a bad deal - this isn't a deal at all. This is a blank check to some of the richest companies in the world.

There is some good news, though: Congress doesn't have to agreet to a blank check. Instead, it can choose to impose a few sensible conditions on the bailout to ensure that it will be used responsibly. Here are a few suggestions courtesy of Robert Reich1:

More and Petition: http://act.credoaction.com/campaign/no_blank_check/?r_by=-1198366-dOlDjWx&rc=paste

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1. Done!nt

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2. Done!nt

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3. $2333 per person is over $9000 for a family of 4

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4. by signing this you still give permission

it is loaded with a lot of demands, etc. but still it agrees to give them the money.

>> We strongly urge you not to issue a blank check to the Wall Street giants who have steered our country into financial dire straits. We must address this crisis quickly and prudently. Do not give these companies a dime of taxpayer money unless they agree to the following conditions:

:dem: