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Thread: RED ALERT!!! TAKE ACTION NOW!!!!
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09-24-2008, 04:57 PM #111working4changeGuestOriginally Posted by zeezil
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09-24-2008, 04:57 PM #112
Give em Hell "Zeezil"
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09-24-2008, 05:00 PM #113working4changeGuest
Im listening to Paulson and the House while I fax and email and it makes me so mad and I type faster!!!!!
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09-24-2008, 05:08 PM #114Originally Posted by working4changePlease support ALIPAC's fight to save American Jobs & Lives from illegal immigration by joining our free Activists E-Mail Alerts (CLICK HERE)
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09-24-2008, 05:10 PM #115working4changeGuest
Senator Stabenow Response
Thank you . . .
. . for contacting me about the current crisis in our economy. I wanted to share with you the statement I released on Monday:
After eight years of deregulation and lack of accountability, this Administration has created the worst financial crisis since the Great Depression - a crisis that will hurt hardworking American families across the country because credit markets are drying up and pension assets are at risk.
I am currently reviewing various proposals to address this emergency and will work with my colleagues to act prudently and responsibly. I believe any proposal must put American families first by ensuring the American taxpayer is protected, strengthening oversight and accountability, limiting executive compensation, and most importantly, helping families stay in their homes.
As Michigan faces an unemployment rate of 8.9 percent, record foreclosures and skyrocketing household costs, we must also work together to ensure that we are providing relief to struggling families and creating good-paying jobs across the country. I urge President Bush to support our efforts to extend unemployment insurance benefits to help hardworking families and support our retooling program to create jobs here at home.
Now is the time to come together and do what is right for the American people.
Thank you again for contacting me. Please continue to keep me informed about issues of concern to you and your family.
Sincerely,
Debbie Stabenow
United States Senator
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09-24-2008, 05:11 PM #116
WOW, at least you got an answer
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09-24-2008, 05:13 PM #117working4changeGuestOriginally Posted by SOSADFORUS
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09-24-2008, 05:17 PM #118working4changeGuest
Dear MXXXXX
Thank you for expressing your concerns with the problems in the financial sector and proposals to address them.
A lot of Ohioans, including me, are angry at the thought of bailing out people who made a lot of money making bad business decisions that created problems in neighborhoods across Ohio.
I agree that we need to avoid rewarding excessive risk taking. These institutions made unwise decisions, and taxpayers should not be expected to simply cover their losses.
Treasury Secretary Paulson this weekend sent a proposal to Congress that would give him almost unfettered authority to spend $700 billion purchasing troubled assets from financial institutions. On Tuesday, my colleagues on the Banking Committee and I held a hearing at which Secretary Paulson, Federal Reserve Chairman Bernanke, and others testified.
They made a strong case for the need to act quickly to prevent further damage to our economy. The turmoil in the credit markets has the potential to do great damage to a lot of innocent bystanders. I am afraid that if we do not act, the economic instability could affect thousands of American jobs and the savings of countless middle class families.
But Secretary Paulson’s proposal is not the right answer. No Secretary should be given a $700 billion blank check. Taxpayers must be given an opportunity to recover their money, and assurances their tax dollars will not fund lavish pay and golden parachutes. We need strong rules to guard against abuse, and to ensure all types of institutions and regions are helped.
In the days ahead, we need to focus on containing the damage to middle class families and local businesses as much as possible. In the months ahead, we need to take a hard look at how financial markets are regulated so we never find ourselves in this situation again.
Thank you again for contacting me. I will certainly keep your views in mind as the Senate debates ways to help restore strength to our economy.
Sincerely,
Sherrod Brown
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09-24-2008, 05:57 PM #119AprilGuest
WAY TO ROCK THEIR WORLD PATRIOTS!!!!
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09-24-2008, 05:59 PM #120AprilGuest
Bush is going to address the nation tonight to try to convince us to support the BAIL OUT and I WOULD LIKE TO SAY RIGHT NOW....................................NO WAY.......................NO MORE...................................SAVE IT FOR YOUR BUDDIES!!! THE AMERICAN PEOPLE ARE ON TO THE GAME AND THEY ARE NOT PLAYING!!!!
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