No blank check for Wall Street Petition

[VP505]

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.

I just signed a petition calling on key members of Congress to impose a few sensible conditions to this bailout in order to protect the American people -- I hope you will too.

Please have a look and take action.

http://act.credoaction.com/campaign/no_blank_check/?r_by=-1649263-lO2Tf8x&rc=paste

Thanks!

[Booster]

1. Done and sent to everyone I know.

[VP505]

2. Thank you

its important that our Senators and reps hear from everyone, this petition will go: Speaker Nancy Pelosi, House Majority Leader Steny Hoyer, Senate Majority Leader Harry Reid, House Finance Chair Barney Frank, Senate Banking Chair Chris Dodd, and Senators Barack Obama and John McCain

[pleah]

3. K&R Done.

:hi:

[teamster633]

4. Done. Thanks for the link.

[dee15644]

5. Done

[pleah]

6. Kick!

:kick:

[VP505]

7. Kick

B-)

[csziggy]

8. Good ideas but that petition leaves off oversight and accountability

This section needs to be removed and that petition ignores it:

Sec. 8. Review.

Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.

[VP505]

10. Yes it could be written better

but what I was thinking when I posted this is that we need an immediate and very loud shout out to congress that what's being proposed is NOT ACCEPTABLE, by loud I mean flood their email in box and FAX machine and ring their phones off the hook. There isn't a lot of time to make our opposition known as Booo$hCo is pushing for a vote on this tomorrow.

[prayin4rain]

9. THANK YOU!!! I feel ever so slightly better :) n/t

[Trillo]

11. kick n/t