Send the anti-bailout letter to your representative in U.S. Congress!
Example of the letter I wrote and faxed to three representatives, available at Scribd:
http://www.scribd.com/doc/6237837/Letter-to-Congressmember-Paulson-Plan-Bailout-Example
Cut & paste (on the spreadsheet on Windows, Linux and Mac) below and fill in the blank (marked by brackets) to send to your representative in U.S. Congress by fax!
Find your Representative here: http://www.house.gov/zip/ZIP2Rep.html
Find your Senators here: http://www.senate.gov/general/contact_information/senators_cfm.cfm
Follow up your fax with a phone call and give them a piece of your mind!
Almost every Representative is up for re-election. Let them know you won't give them your vote if they support this uncapped bailout!
_____________________________________
The following letter has been sent by:
[full name
address w/ Zip+4
optional: phone or fax #]
[date], 2008
Dear [Senator/Representative ________ ],
As the resident of [ ______ ] state for the combined [ _#_ ] years, I urge you not to vote “Yea” for the particular bills related to providing the funds for the bailout(s) that amounts to the estimated 1.834 trillion dollars. (See the attached appendix)
This includes Paulson Plan that asks for $700 billion to regurgitate Wall Street that has failed to contain the policy in investment of risky assets, specifically subprime lending to unqualified homeowners with poor or non-existent credit history and other expenditures that prove risky for investing.
Malinvestment is not and should never be an excuse to provide the bailout paid for by the average taxpayers who has faced considerable burden of paying the bills on time and managing financial stress during the recession.
Investment analyst and ex-patriate Jim Rogers explained succinctly in the recent CNBC interview (www.youtube.com/watch?v=6gZuG-52js0) the bailout is “socialism for the rich,” indicating America is more Communistic and no longer representative of Capitalist democracy in widening the gap between the rich and the middle class.
The White House Administration, U.S. Treasury and Federal Reserve’s complicity, with the compliancy of the 110th Congress, in furtherance of the exorbitant national debt and trade deficit by prescribing the wrong solution will not only exacerbate the matter to a dire economic-financial strait but it may culminate in collapse leading to the bankruptcy of the United States of America.
Our treasure, paid for by approximately 136 million taxpaying citizens, must not be misappropriated and abused by the Government in frivolous waste designed to bail out the corporations that according to Adam Smith’s economic law would face the subsequent insolvency due to corruption, mismanagement and malinvestment of their own resources.
With the average citizens seeing their net incomes shrink in small businesses because of economic downturn nationwide in conjunction with the declining U.S. Dollar valuation, why must we, the taxpaying citizens you are supposed to represent, pay for the gigantic bailout to appease the insatiable greed of Wall Street participants and executives while some of us suffer under the crushing burden of binding financial responsibilities?
We the People will hold you accountable should you decide to vote against the People to acquiesce to Chairman Bernanke’s and Secretary Paulson’s blatantly unconstitutional and illegal demands to inject Wall Street with continuous liquidity that builds credit bubble to unsustainable height with the Dollar that hold little or no backing of proven intrinsic material value.
We will see to it you face the consequence of [option 1: “not retaining the Senator/Representative’s seat” | option 2: “a reputation impugned”] by negative publicity this election year if you continue to defy the will of the People.
Sincerely,
[full name,
optional signature]
cc: [the other Senator, etc]
Appendix[bulleted]
Community Foreclosure Grants . . . . . . . . . . . . . $4 billion
Bear Stearns Financing . . . . . . . . . . . . . . . . . . . $29 billion
AIG . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $85 billion
Fannie Mae & Freddie Mac . . . . . . . . . . . . . . . . $344 billion
Lehman/JP Morgan payments . . . . . . . . . . . . . . $87 billion
Auto industry loan grants . . . . . . . . . . . . . . . . . . $25 billion
Housing Rescue Bill . . . . . . . . . . . . . . . . . . . . . $300 billion
Treasury MIB Purchases . . . . . . . . . . . . . . . . . . $10 billion
Exchange Stablilization Fund . . . . . . . . . . . . . . $50 billion
Fed Term Auction Loans . . . . . . . . . . . . . . . . . $200 billion
_______________________
Total . . . . . . . . . $1.834 Trillion




















