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As you are aware, the United States House of Representatives defeated a bill to bailout Wall Street by a margin of 228 to 205. The legislation was proposed by the Bush Administration and supported by the leadership of the House. Almost every member of the House who spoke in support of the bill on Monday said there were problems with the bill, but that it was the best answer given the timing.
This bill was flawed from its inception by requiring the taxpayers to pick up $700 billion of questionable mortgage backed securities. There are alternative plans, such as Link Removed promoted by PerotCharts.com in collaboration with noted economist Dr. Pat Choate and others.
Negotiations on Capitol Hill are proceeding at this very moment. It is important that you act quickly to let your representatives know that you don't want the government adding hundreds of billions of dollars to the federal debt that will become a massive burden for our children and grandchildren.
The sponsors of the bill need only 12 votes to pass a modified version of their original bill. The modified version could, and probably will, still provide for the federal government taking on $700 billion in debt.
Take action now! Click http://capwiz.com/perotcharts to send an email and let your voice be heard!
Thank you,
PerotCharts.com
As you are aware, the United States House of Representatives defeated a bill to bailout Wall Street by a margin of 228 to 205. The legislation was proposed by the Bush Administration and supported by the leadership of the House. Almost every member of the House who spoke in support of the bill on Monday said there were problems with the bill, but that it was the best answer given the timing.
This bill was flawed from its inception by requiring the taxpayers to pick up $700 billion of questionable mortgage backed securities. There are alternative plans, such as Link Removed promoted by PerotCharts.com in collaboration with noted economist Dr. Pat Choate and others.
Negotiations on Capitol Hill are proceeding at this very moment. It is important that you act quickly to let your representatives know that you don't want the government adding hundreds of billions of dollars to the federal debt that will become a massive burden for our children and grandchildren.
The sponsors of the bill need only 12 votes to pass a modified version of their original bill. The modified version could, and probably will, still provide for the federal government taking on $700 billion in debt.
Take action now! Click http://capwiz.com/perotcharts to send an email and let your voice be heard!
Thank you,
PerotCharts.com