Support The Wall Street-Funded Rescue Plan

George Washington’s Blog
Friday, September 26, 2008

Forget Republican versus Democratic. That’s a false dichotomy. I know that Republicans took the laboring oar on deregulation, which got us into this mess, but its the Democrats in Congress who are now trying to pass Paulson’s socialist taxpayer-funded bailout. Forget labels. Forget politics. Forget who should get credit for good ideas. Let’s look at substance and do what’s best for the country.

House Republicans are pushing a meaningful alternative to the Paulson bailout plan.

CNBC has the story:

In a letter to House Speaker Nancy Pelosi, House Minority Leader John Boehner urged that the proposals be “given the consideration they deserve.”

The proposals include:

• Wall Street – Not Taxpayers – Should Fund the Recovery
• Private Capital – Not Tax Dollars – Should Be Injected Into Financial Markets
• Immediate Transparency, Oversight, and Market Reform

Click Here to Read Boehner’s Letter and Republican Proposal

This is a chance to stop the taxpayer bailout and to make the scam artists who created the economic mess clean it up.

So call Congress and demand that they support:

(1) Wall Street – not taxpayer – funding of the recovery

(2) Private – not public – capital injected into the markets

(3) Immediate transparency, oversight and market reform, and

(4) Insist that they clean up the derivatives mess, also.

(Find contact info at Congress.org).

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