Thursday, October 2, 2008

Hell No

Now that the economic crisis bailout bill has thankfully failed in the House, the Senate has passed a pork-laden version of the same.

I have again emailed by U.S. Representative asking him to again vote against the (newer, porkier) bailout bill:


Representative Reichert,

Please vote against the Emergency Economic Stabilization Act of 2008. This $800+ Billion pork-laced Senate-passed bill is even worse than the House version you voted against just a few days ago.

I don't know why we need to authorize $700 Billion of my tax dollars toward a bailout of Wall Street speculators when even under the most ambitious plans from Treasury Secretary Paulson he doesn't call for spending more than $50 Billion between now and January of next year.

I don't know what the Paul Wellstone Mental Health and Addiction Equity Act of 2007, which the Senate attached to this bailout bill, has to do with the Credit Crunch our economy is now in.

What do bond sales in states impacted by Hurricane Ike have to do with the national credit crunch? How about alternative energy incentives? Tax-exemptions for wooden arrows and tax-breaks for Rum makers in Puerto Rico? How does that help Wall Street or Main Street?

This bill is a monstrosity. It has no business even coming to the House floor for a vote. I would implore you to vote against this bill, and even if you decide to go against the vast majority of your constituents in a tough election year to vote for this bill, I would demand that you read all 455 pages of this bill before you would support this legislative Frankenstein.

Please vote against the Emergency Economic Stabilization Act of 2008.

Sincerely,
Eric W.
Constituent, 8th Congressional District
Voter, Taxpayer, Citizen, and Veteran



So if you have an opinion on whether or not your Representative should be voting to pass or to not pass the Senate's buy-a-vote version of this Wall Street bailout bill please call and/or email them so that they understand what their constituents expect from them.

1 Comments:

Blogger orcmid said...

Well, I just see that the Senate version passed the House with a solid majority. I wonder how much they needed all that sweetening or whether the stock market hit since Monday was enough.

We of course have no idea how efficacious the rescue plan will turn out to be, nor an inkling how much debt the government will require before being able to recoup the costs.

I shall take a deep breath and simply pay attention (with my right hand firmly over my wallet pocket).

October 3, 2008 at 11:16 AM  

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