STOP THE BAILOUT

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Uploaded by on Jul 24, 2008

CLICK ON, "More info."

I seldom ask this, but please rate this video, leave a comment, and forward a link to all your contacts. There are more links below.

SAMPLE LETTER:

Dear Senator ****:

Please do everything you can to defeat the Fannie Mae/Freddie Mac bailout bill. Support the filibuster, and vote against cloture. The bill can be stopped. It MUST be stopped.

The bill is a $800 billion blank check for one man, the Secretary of the Treasury, to use as he pleases to bail out the central banks and hedge funds that hold the GSE paper. Over a trillion dollars of that paper is held by the China central bank. If congress is to do anything to help the so-called "home owners," (mortgage holders, actually), it should relax the bankruptcy rules to allow people to get out from under their crushing burden of debt. The unthinkably huge bill for the bailout will be paid for through the inflation tax, which ravages the middle classes and poor. We must not tax the poor to bail out domestic and foreign bankers.

Like the Patriot Act, this bill is being jammed through congress without proper consideration. Many now recognize what a terrible mistake the Patriot Act was. If Hillary Clinton had not voted for that act and the Iraq Authorization Bill, she would be president in January. If the Fannie/Freddie bill passes, then when it becomes apparent to voters how disastrous it was, the Senators who did not make every attempt to stop it will be held accountable.

I personally will do everything I can to defeat any Senator who does not stand firmly against it through filibuster and voting against cloture.

Best regards,
*** *****
http://www.youtube.com/watch?v=Wy6SlUpbnIU

http://www.youtube.com/watch?v=TeWJZiJGc2s

http://market-ticker.denninger.net/archives/525-RED-ALERT-RAPE-BY-CONGRESS-IM...

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News & Politics

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  • likes, 3 dislikes

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Uploader Comments (JiveDadson)

  • JIVEDADSON - Great video. I hope people will listen to you.

  • Thanks, Don. Great rant you made about this. You should have heard the voice mail I left for Senator Boxer. BTW, I find that only two Dem representatives voted no. Who knew the Democrats were fascists?

  • Well, just keep sending the link to everyone you know. The counter will catch up eventually. And don't forget to rate it five stars. Time is short.

  • @#$%^& Counter has been on 212 for hours.

    We need the honors page for this one. Truth.

  • called both of my senators and left a message.

  • Stout fellow! Now send a link to this vid to everyone on your contact list. I'm putting a sample letter in the description section. Click on "(More info)."

Video Responses

This video is a response to Ron Paul on the Housing Bill
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All Comments (46)

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  • I am from france,and this mess just reached here....our government just gave millions of euros,to bail out our banks and guess what..?they start again to TOXIC-TRADE like nothing ever happened......

  • The rich people don't have a problem with the US economy failing. They've already bought tangible assets like off shore property and put all their money in Swiss bank accounts.

    But if I was a rich man, I would do ALL I could to help, wouldn't you? (^-^)

    Uhhhh... I don't think the rich got rich my giving their money away!

  • The government should walk up to Bill Gates, Warren Buffett, and other Billionares and say "what are you going to do about it?"

    These are the smart guys - not the politicians. They could actually make a profit in the long run.

  • Instead of the government paying the bills all the rich billionaires (even in other countries) need to chip in and do what they can to save capitalism. Capitalist can save capitalism. They have a stake in the economy not going down because they would lose millions of dollars anyway. They need to take initiative and get together and fix the problem with old fashioned free market way.

    Why would Bill Gates sit back and let the economy tank? A little fear might get his attention.

  • Where the hell are the board of directors for these companies? So much for accountability that was supposed to change after Enron!! Crooks with a license to print money at will!

  • I hear that ... it sickens me that we always here the excuse it's too much money to fix the health care system .... but if they need 800 billion to bail out these rich companies NO PROBLEM just fill out a 3 page report and try to get it passed..... sickens me ....

  • The Bailout is going to weaken the U.S. dollar. Just in case...

    -I'm exchanging ALL my U.S. currency for Euro's

    -I'm Investing heavily in Gold & Oil stocks

    -I'm Praying that this won't effect the Canadian economy. "IT WILL" :)

    Americans should not sit buy and allow this bailout. You're already funding TWO WARS.

    Tell Obama & McCain that you will not vote for them if you let this bill pass.

    NO BAIL OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!­!

  • A Trillion Dollars for Wall Street and no dough for a National Health Care Program!

    AMERICAN IS THE HOPE OF THE PLANT!!

  • are going to feed the greed of US citizens.

    People like you make me laugh. If you want to experiment the real ugly side of the Fed, do not stay in the US. Actually, the Fed is protecting the common US citizen. Go where you will be on the receiving end of this federal bank.

    A piece of advice: buy your ticket back to home before. It is far from sure you will be able to buy one and once you face the real impact of the fed, it will be home sweet. home.

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