CLICK HERE to Tell Pelosi That You Want a PROGRESSIVE Bailout Plan

The sun is still shining! The grass is still green! Puppies are still adorable! Whew. Despite the gloom and doom predictions, Congress' failure to pass Paulson's original bailout plan yesterday did not lead to the immediate implosion of our economy. In fact, the stock market was up this morning. So I think we can now safely set aside the threats of those who tried to frighten us into accepting an awful bailout plan. It seems that there is a brief time for us to address this problem fairly, effectively and responsibly. So what should we do?
Let's seize this opportunity to propose a truly progressive solution. We should tell Congress, and especially the House leadership, that we need a fresh, thoughtful alternative centered on the following key principles: 1. Do more to make Wall Street, not working families, bear the brunt of the financial burden. 2. Adopt stronger rules to protect us from banks that are "too big to fail" and the reckless, over-the-top borrowing that left our financial system teetering on the edge. 3. Do more to help struggling families stay in their homes -- including allowing bankruptcy judges to let homeowners negotiate new terms for their mortgages. 4. Commit to the public investments that we know will pay off for America - including clean energy, health care and education. If you support these goals, please send an email to Nancy Pelosi telling her that you expect a fair, progressive solution to this crisis. We should take action to make our economy stronger; but let's not leave behind our values as we do it.

Tags: bailout, Pelosi, Progressive Future (all tags)

Comments

2 Comments

Re: CLICK HERE to Tell Pelosi

That is all well and good and would probably be a great point of conversation if you were to sit down and spark one up with a few friends.

But what does it do to deal with the short term credit crunch that is looming over us and threatening to pull down 10s of thousands of individuals and businesses whose hands are totally clean in this mess?

Businesses are already starting to fail.

by RichardFlatts 2008-09-30 12:06PM | 0 recs
When you want them to do something

like Health Care, or getting out of Iraq, it's always doom and gloom as to why we can't.

When they want to do something, it's always doom and gloom if we don't do it.

I'm tired of it.

by Paul Goodman 2008-09-30 12:11PM | 0 recs

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