Wall Street Crony
No Wall Street Bailout
"This is scare tactics to try to do something that’s in the private but not the public interest. It's terrible." -- Allan Meltzer, Carnegie Mellon School of Business
"It's a straight subsidy to financial institutions. You're essentially giving them money. -- Martin Baily, former Clinton Administration Council of Economic Advisers
"There's a tendency for people to think these are stocks and bonds and you know what the price is. The problem is people are operating in a world in which nobody knows what the hell is going on. There’s some naïve assumptions about how this would function." -- Bruce Bartlett, former Reagan Administration economist
"This administration is asking for a $700 billion blank check to be put in the hands of Henry Paulson, a guy who totally missed this, and has been wrong about almost everything." -- Dean Baker Center for Economic and Policy Research
"If Wall Street gets away with this, it will represent an historic swindle of the American public -- all sugar for the villains, lasting pain and damage for the victims." --William Greider, The Nation
"I am concerned that Treasury's proposal is neither workable nor comprehensive, despite its enormous price tag. In my judgment, it would be foolish to waste massive sums of taxpayer funds testing an idea that has been hastily crafted." -- Richard Shelby (R-Ala.)
"It sounds like Paulson is asking to be a financial dictator, for a limited period of time." --Historian John Steele Gordon
"The plan is stupid...Voters will break against anyone who votes for it. I thought if [Russian Prime Minister Vladimir] Putin had written that, I’d understand it." -- Former House Speaker Newt Gingrich
"This massive bailout is not a solution. It is financial socialism and it's un-American."-- Sen. Jim Bunning, R-Ky

Sign the Petition to Congress

We are signing this petition in opposition of a taxpayer bailout of Wall Street. Banks and their millionaire CEO's should take losses for risky lending, not taxpayers.

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Ten Reasons to Oppose the Wall Street Bailout

Update: How did Congress vote?

Most Recent Signers (66,889 Total) View All Signers

Maneesh P.Yuma, AZ Say no to crony capitalism and casino style capitalism -- restore laissez faire free market capitalism with open markets and use antitrust to break up monopolies. Say no to casino style capitalism where financial institutions took dangerous risks and acted like casinos, they should not have been b...View More
paul r.Roseburg, OR x
Obie B.Rome, NY x
viagra v., Hi! ItGCJC http://hnklnk.com/
David T.Flushing, MI x
Kailie P.Duluth, MN What is the real point of the bailout? All it is doing is making hard working people work even harder because of others mistakes. And how does that look towards those who can't afford to pay for those who havn't been? It makes them look bad irresponisable. (sorry I spelt it wrong.)...View More
Kailie P.Duluth, MN What is the real point of the bailout? All it is doing is making hard working people work even harder because of others mistakes. And how does that look towards those who can't afford to pay for those who havn't been? It makes them look bad irresponisable. (sorry I spelt it wrong.)...View More
Patrick B.Escondido, CA x
Kathleen B.Escondido, CA x
YBjAzNyy Y., Hi! lLbQnT
gary e.Lumberton, NJ x
Cynthia H.Damascus, MD It is bad enough that the stock exchange literally sells humans through their birth certificate on the market, and to top it off the banks and insurance companies 'sell' credit and loan notes among eachother, and now they want even MORE blood sweat and tears?!?! I say NO! Please agree and stop thi...View More
Ashley G.Bremerton, WA x
Randy W.Walton, KY x
Maneesh P.Yuma, AZ We do not want Wall Street to get a blank check. Financial firms that caused the crisis should not get bailed out by taxpayers for their misdeeds. It was wrong that this TARP bailout was ever authorized. We need to restore the free market capitalism that existed before the Bush Cheney Administration...View More

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