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OUR VOICES WERE HEARD, but bailout plan passes.. (Fax / Phone Numbers, 1-Click mass email, & Public Protest info) * in: Subjects › General Economics

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   posted: Sep. 22, 2008 @ 5:49p
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*** 10/03/08 *** - Bush quickly signs bailout bill: "No" converts jump aboard massive plan, and House passes the legislation. And Dow Jones loses over 400 points after approval to close at lowest point in 3 years. (last part I added you will not find in the headlines)

If you should be so inclined, contact your Congressmen. Tell them you are sorely disappointed and even outraged by their vote and the passage of this plan. Tell them you are angry that they are wasting your money. Tell them you will remember their role in this most wasteful plan, and that you will not forget how they voted against their constituents.

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*** This time around, the pork-injected bailout plan was expected to pass. Nevertheless, I am sorely disappointed in the Congressmen that changed their votes and those who supported this ludicrous package from the start. Here is another message from Ron Paul, and it almost makes me want to cry today. Not for the crooked CEO's, not for all the disingenuous politicians, but rather for our failed Democracy, and the future of our children and country. ***

In the voice of Ron Paul:

This time last week, the biggest bailout in the history of the world seemed to be a fait accompli.

Last weekend, the Fed Chairman and the Secretary of the Treasury had harsh words of doom and gloom for Congressional leaders, with the rest of the administration parroting along, and by last Monday it seemed both parties were about to fall in line and vote our Republic away by socializing the banking industry through this bailout.

Foolish business behavior was about to be rewarded, and propped up a little longer, the bubble blown a little bigger, and our coming Depression made that much greater, but then something happened on the way to the House floor.

Citizens made their voices heard.

The real story behind the story in Congress this week was the thousands of calls and emails sent to Representatives, clogging up inboxes and even slowing down the House internet system.

Slowly, like the Titanic turning around, sentiments on the Hill shifted, and we heard Congressmen capitulating and changing their tune a little, desperately trying to find ways to salvage the bailout without completely enraging their constituencies.

Now we hear about taxpayer protections, about golden parachutes, and about other nuances that hardly cover up the fact that we would be creating more money out of thin air and further devaluing the dollar!

The problem is not HOW the government is spending this money; it’s the fact that the government is spending this money. We don’t have it. We are already nearly $10 tn in debt, not including unfunded liabilities.

We already spend about $1 tn a year we don’t have on our overseas empire. Now nearly $1 tn more is somehow supposed to magically appear and solve all our problems! No — creating more money might delay the inevitable for some well-connected banks on Wall Street, but in a few weeks we will find ourselves right back in this same position, but much poorer.

The unfortunate thing is that we’ve already spent at least $700 BN on other bailouts that did not solve the problem. And while all this negotiation was taking place, the auto industry was quietly bailed out, with no controversy, no discussion, to the tune of $25 BN.

Inevitably, it appears Congress will call their constituents’ bluff and the bailout will pass, because that is the habit Wall Street and Washington have fallen into. People are right to be concerned about our financial future.

I’ve been talking for 30-some years about reasons we need to be concerned and change our ways. We find ourselves now in a position of no good options, and no silver bullets.

But the worst thing we can do is to compound our problems by intensifying the mistakes of the past.

We do have tough economic times ahead, no doubt, no matter what we do, even if we do nothing.

The question is, will we have the courage to take our medicine now and get it over with, or will we prolong the misery for many years to come? I’m less and less optimistic about the answer to that question.

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Added: Here is a 1-click mass email to senators and add the following body in the email. (Though I have heard from many that emails have much less impact compared to faxes) - thanks to Mike Shedlock!!!

Added: Here is a phone number directory for all the Senators of the 110th Congress. Chances are it will be a machine, but it will give you an opportunity to really voice your opinion!

Added: Find and contact your federal, state, and local officials by zip code.

Added: *** DC Public Protest this Saturday 9/27/08 on the West Lawn ***.

Added: Public Protest of the Bailout Bill (images)

Added: Ron Paul lays it all out in 2 minutes.

Contact your member of Congress. They will listen. This is proof!


This is not so much a discussion thread as it is a contact info thread on how to exercise our constitutional right.

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Phone And Fax Numbers For All US Senators; More On What To Do

Here is a comma separated list for those of you with access to to a program that allows block faxing. You may need to modify that list slightly for your application. The bulk of the work is done.

Formatted Fax List

12022243416,Sen. Richard Shelby
12022243149,Sen. Jeff Sessions
12022242354,Sen. Ted Stevens
12022245301,Sen. Lisa Murkowski
12022242207,Sen. Jon Kyl
12022282862,Sen. John McCain
12022244843,Sen. Blanch Lincoln
12022280908,Sen. Mark Pryor
12022282382,Sen. Barbara Boxer
12022283954,Sen. Dianne Feinstein
12022246471,Sen. Wayne Allard
12022285036,Sen. Ken Salazar
12022241083,Sen. Christopher Dodd
12022249750,Sen. Joeseph Lieberman
12022240139,Sen. Joseph Biden
12022282190,Sen. Thomas Carper
12022282183,Sen. Bill Nelson
12022285171,Sen. Mel Martinez
12022240103,Sen. Saxby Chambliss
12022280724,Sen. Johnny Isakson
12022242126,Sen. Daniel Akaka
12022246747,Sen. Daniel Inouye
12022281067,Sen. Larry Craig
12022281375,Sen. Michael Crapo
12022280400,Sen. Dick Durbin
12022285417,Sen. Barack Obama
12022281377,Sen. Evan Bayh
12022280360,Sen. Richard Lugar
12022246020,Sen. Charles Grassley
12022249369,Sen. Tom Harkin
12022281265,Sen. Sam Brownback
12022243514,Sen. Pat Roberts
12022281373,Sen. Jim Bunning
12022242499,Sen. Mitch McConnell
12022249735,Sen. Mary Landrieu
12022285061,Sen. David Vitter
12022242693,Sen. Susan Collins
12022241946,Sen. Olympia Snowe
12022248858,Sen. Barbara Mikulski
12022241651,Sen. Ben Cardin
12022242417,Sen. Edward Kennedy
12022248525,Sen. John Kerry
12022280325,Sen. Debbie Stabenow
12022241388,Sen. Carl Levin
12022241152,Sen. Norm Coleman
12022282186,Sen. Amy Klobuchar
12022249450,Sen. Thad Cochran
12022242262,Sen. Roger Wicker
12022248149,Sen. Christopher Bond
12022286326,Sen. Claire McCaskill
12022244700,Sen. Max Baucus
12022248594,Sen. John Tester
12022245213,Sen. Chuck Hagel
12022280012,Sen. Ben Nelson
12022282193,Sen. John Ensign
12022247327,Sen. Harry Reid
12022244952,Sen. Judd Gregg
12022284131,Sen. John Sununu
12022282197,Sen. Robert Menendez
12022284054,Sen. Frank Lautenberg
12022242852,Sen. Jeff Bingaman
12022283261,Sen. Pete Domenici
12022280282,Sen. Hillary Clinton
12022283027,Sen. Charles Schumer
12022241100,Sen. Elizabeth Dole
12022282981,Sen. Richard Burr
12022247776,Sen. Kent Conrad
12022241193,Sen. Byron Dorgan
12022280514,Sen. Maria Cantwell
12022255893,Sen. Patty Murray

Metro Fax

I have an existing email fax number but I opened up a second account just now for purpose of faxing every senator in the US. If a senator is missing from the list it because they did not have a listed fax number. I did not count them up.

I chose to go with MetroFax. There are others services, but 1000 pages a month for $12.95 was the best overall deal I could find. There is a $10 activation fee, but the second month is also free. If you elect to do the same, mention my name and I will get a free month.

MetroFax Formatted List

Sen. Richard,Shelby,,,2022243416
Sen. Jeff,Sessions,,,2022243149
Sen. Ted,Stevens,,,2022242354
Sen. Lisa,Murkowski,,,2022245301
Sen. Jon,Kyl,,,2022242207
Sen. John,McCain,,,2022282862
Sen. Blanch,Lincoln,,,2022244843
Sen. Mark,Pryor,,,2022280908
Sen. Barbara,Boxer,,,2022282382
Sen. Dianne,Feinstein,,,2022283954
Sen. Wayne,Allard,,,2022246471
Sen. Ken,Salazar,,,2022285036
Sen. Christopher,Dodd,,,2022241083
Sen. Joeseph,Lieberman,,,2022249750
Sen. Joseph,Biden,,,2022240139
Sen. Thomas,Carper,,,2022282190
Sen. Bill,Nelson,,,2022282183
Sen. Mel,Martinez,,,2022285171
Sen. Saxby,Chambliss,,,2022240103
Sen. Johnny,Isakson,,,2022280724
Sen. Daniel,Akaka,,,2022242126
Sen. Daniel,Inouye,,,2022246747
Sen. Larry,Craig,,,2022281067
Sen. Michael,Crapo,,,2022281375
Sen. Dick,Durbin,,,2022280400
Sen. Barack,Obama,,,2022285417
Sen. Evan,Bayh,,,2022281377
Sen. Richard,Lugar,,,2022280360
Sen. Charles,Grassley,,,2022246020
Sen. Tom,Harkin,,,2022249369
Sen. Sam,Brownback,,,2022281265
Sen. Pat,Roberts,,,2022243514
Sen. Jim,Bunning,,,2022281373
Sen. Mitch,McConnell,,,2022242499
Sen. Mary,Landrieu,,,2022249735
Sen. David,Vitter,,,2022285061
Sen. Susan,Collins,,,2022242693
Sen. Olympia,Snowe,,,2022241946
Sen. Barbara,Mikulski,,,2022248858
Sen. Ben,Cardin,,,2022241651
Sen. Edward,Kennedy,,,2022242417
Sen. John,Kerry,,,2022248525
Sen. Debbie,Stabenow,,,2022280325
Sen. Carl,Levin,,,2022241388
Sen. Norm,Coleman,,,2022241152
Sen. Amy,Klobuchar,,,2022282186
Sen. Thad,Cochran,,,2022249450
Sen. Roger,Wicker,,,2022242262
Sen. Christopher,Bond,,,2022248149
Sen. Claire,McCaskill,,,2022286326
Sen. Max,Baucus,,,2022244700
Sen. John,Tester,,,2022248594
Sen. Chuck,Hagel,,,2022245213
Sen. Ben,Nelson,,,2022280012
Sen. John,Ensign,,,2022282193
Sen. Harry,Reid,,,2022247327
Sen. Judd,Gregg,,,2022244952
Sen. John,Sununu,,,2022284131
Sen. Robert,Menendez,,,2022282197
Sen. Frank,Lautenberg,,,2022284054
Sen. Jeff,Bingaman,,,2022242852
Sen. Pete,Domenici,,,2022283261
Sen. Hillary,Clinton,,,2022280282
Sen. Charles,Schumer,,,2022283027
Sen. Elizabeth,Dole,,,2022241100
Sen. Richard,Burr,,,2022282981
Sen. Kent,Conrad,,,2022247776
Sen. Byron,Dorgan,,,2022241193
Sen. Maria,Cantwell,,,2022280514
Sen. Patty,Murray,,,2022255893

To use the above list in MetroFax it must be copied and saved as a CSV file. (The extension must be CSV). One can use either notepad or Excel to create the CSV files. The maximum list in any one file is 50. So create Senators1.CSV and Senators2.CSV or whatever names you prefer.

Please phone and FAX your Senators.
Ask 10 people to do the same.
Send them this link

http://globaleconomicanalysis.blogspot.com/2008/09/phone-and-fax-numbers-for-all-us.html

Thanks
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Edit by Moderator: Thank you for your participation. Please note that there is also discussion about this topic Here.

Message edited by: DisciplineHedge on 2008-10-04 12:54:24 CDT
   posted: Sep. 22, 2008 @ 5:49p

Roll Call Vote Listing for House Reps and Their Vote

bigmarley4 said:My roommate works in Congress. Calling is MUCH more powerful than faxing or emails. Call call call call.

 

Also sign the petition
http://www.petitiononline.com/BailOut/petition.html
------------------------------------------------------------------------------
CNBC Poll: Did Federal Reserve Chairman Ben Bernanke and Treasury Secretary Hank Paulson make a good case for the financial bailout?

No - 56%
Yes - 34%
Don't Know - 10%
------------------------------------------------------------------------------

You can automatically send form emails to your local representatives here:
http://www.rallycongress.com/stopthehousingbailout/


*House of Representatives vote results on the last bailout + easy access to all their Contact Information*

Message edited by: CptSavAHo on 2008-10-03 13:01:00 CDT
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   posted: Sep. 22, 2008 @ 6:05p
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Green!

Great Post!

I usually sit these out, but this is too important. Passage of this 'scare tactic' bill is an afront to every responsible, taxpayer in this country.

Do this for your family.

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   posted: Sep. 22, 2008 @ 6:05p
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I think the paulson plan is the injection of a lifeline the economy needs, but it should be coupled with the suggestions presented in your proposal. ie: cutting down taxes and encouraging saving (ie: cd's, etc)

Message edited by: mauricer on 2008-09-22 18:13:14 CDT
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   posted: Sep. 22, 2008 @ 6:13p
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Or call the Congressional switchboard toll-free and have them connect you to your representatives: 1-877-ROB-U-ROB.

I'm not kidding; that's the real number.

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   posted: Sep. 22, 2008 @ 6:20p
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Shameful though it may be, I don't think there is any possible way to stop this tsunami.

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   posted: Sep. 22, 2008 @ 6:22p
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I think we need another 20-30 bail out threads per day.

Message edited by: Xnarg on 2008-09-22 19:32:49 CDT
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   posted: Sep. 22, 2008 @ 6:30p
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It is inevitable that the bailout will happen.

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   posted: Sep. 22, 2008 @ 7:14p
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The bailout won't work, all it will do is postpone and transfer the crap to the gov. Thus it will encourage more people to be irresponsible and greedy.
But the wording of the bailout is just plain crazy.
Bush wants to give Paulson complete and unquestionable authority without any judicial, executive and congressional scrutiny or reprisals, the estimated sum of one trillion dollars to do with as he see's fit in disregard to any and all laws foreign and domestic.

Bush has just gone totally insane if he thinks anyone would fall for that.

The plan may happen but it will have tons of oversight and any funky stuff will have to be answered for and nobody is going to get a pardon or get out of jail free card.

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   posted: Sep. 22, 2008 @ 7:26p
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I'm with you, but I'm afraid its too late.

Read this and you will see that subprime is a drop in the bucket to Credit Derivatives.

AIG's potential collapse and credit derivatives

To cut to the chase if AIG fails it triggers $180 billion in credit derivative payouts. This causes other companies to fail and all the dominoes fall.

Its a crummy way of doing business and its obvious we need tight regulation of credit derivatives as well as mortgages but the horse is out of the barn already so to speak.

We need a total revamp of the financial system as we know it, and we need to limit the pain the taxpayer feels for the sins of others. But the bailout was necessary to prevent total insolvency unfortunately.

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   posted: Sep. 22, 2008 @ 7:45p
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all your base are belong to us.

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   posted: Sep. 22, 2008 @ 7:54p
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There's nothing the legislative branch can do besides apply pressure to the executive branch and let them know the true American people DONT want this!!

http://www.fatwallet.com/forums/finance/863697

Message edited by: Absolut9 on 2008-09-22 19:54:59 CDT
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   posted: Sep. 22, 2008 @ 7:55p
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duncan36 said:I'm with you, but I'm afraid its too late.

Read this and you will see that subprime is a drop in the bucket to Credit Derivatives.

AIG's potential collapse and credit derivatives

To cut to the chase if AIG fails it triggers $180 billion in credit derivative payouts. This causes other companies to fail and all the dominoes fall.

Its a crummy way of doing business and its obvious we need tight regulation of credit derivatives as well as mortgages but the horse is out of the barn already so to speak.

We need a total revamp of the financial system as we know it, and we need to limit the pain the taxpayer feels for the sins of others. But the bailout was necessary to prevent total insolvency unfortunately.You are confusing the bailouts. The AIG bailout was a bridge loan. OP's bailout was referring to the TARP, a.k.a. RTC2.0. It is designed for the treasury to purchase up to $700B of toxic assets which threatens to tank the majority of the financial firms (banks and i-banks).

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   posted: Sep. 22, 2008 @ 8:03p
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riznick said:It is inevitable that the bailout will happen.The question was at which point of time the system was going to collapse without the bailout. I'd say if they did not let Lehman fail; or after Lehman failed, stand fast behind AIG (which supposedly had only a funding problem, not solvency problem), the system wide bailout could have been avoided.

After the 180 on AIG, the whole world knew that Paulson had no idea what was going on. Then some form of system wide bailout became inevitable.

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   posted: Sep. 22, 2008 @ 10:31p
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Official Petition:

Petition to Your Representatives to Oppose the Bailout

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   posted: Sep. 23, 2008 @ 12:13a
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President Bush Balk at reducing Executives wages

--------------------------------------------------------------------------------

Congress, Bush team agree on some bailout terms
Monday September 22, 10:16 pm ET
By Julie Hirschfeld Davis, Associated Press Writer
Administration accepts some Dem demands in bailout bill, but haggles over exec compensation

WASHINGTON (AP) -- Scrambling for a swift deal on the $700 billion bailout for failing financial firms, key Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues, including "golden parachutes" for executives who benefit from the unprecedented rescue.
ADVERTISEMENT


Democrats demanded that the measure limit pay packages for executives of companies helped by the biggest financial rescue since the Great Depression. The administration was balking at that, and also at a proposal by Democrats to let judges rewrite mortgages to lower bankrupt homeowners' monthly payments. President Bush prodded Congress during the day to pass the rescue plan quickly, declaring, "The whole world is watching."



I found this shocking: President Bush balk at the idea that executivies who causes the greatest financial fallout should have their wages and benefits reduced. Basically, Bush wants the failing executives to be rewarded for their failure and mistakes and punish the taxpayers-- a common theme in this administration. Say no to FREE Bailout

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   posted: Sep. 23, 2008 @ 12:27a
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nycll said:riznick said:It is inevitable that the bailout will happen.The question was at which point of time the system was going to collapse without the bailout. I'd say if they did not let Lehman fail; or after Lehman failed, stand fast behind AIG (which supposedly had only a funding problem, not solvency problem), the system wide bailout could have been avoided.

After the 180 on AIG, the whole world knew that Paulson had no idea what was going on. Then some form of system wide bailout became inevitable.

When I heard Bush announce the bailout I got sick to my stomach. He said "700 Billion" and " for bad mortgages" in the same sentence. I was extremely furious after hearing that.

Congress is going to allow the bailout after some minor changes. It is inevitable. No matter how much we kick and scream our politicians are going to ignore us. If 100% of the voters wrote into congress, they would still ignore us. They probably wouldnt even read our complaints until 2 weeks after they pass the bailout. It is so frustrating.

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   posted: Sep. 23, 2008 @ 1:05a
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I don't think any email, fax or call will stop this from happening..so this is a fact we should face it...

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   posted: Sep. 23, 2008 @ 1:11a
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congress is supposed to represent the people.
if the people aren't heard, this government isn't doing what our forefathers and the constitution intended it to do.

probably one of the only reasons that there isn't an uprising or a revolution right at this moment is because over 80% of the american population are totally ignorant of the matter at hand and that anybody caught trying to start any kind of civil act (or disobedience) will get picked up so quickly, regardless of rights. If the government ignores our rights to be heard and properly represented, why would they bother acknowledging any of our other rights?

Fact of the matter is, as many people have already pointed out, the US has socialism for the rich. and dare I say it's moving rather quickly to becoming a very fascist country.

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   posted: Sep. 23, 2008 @ 1:11a