Please Get Some Friends Involved, too!
CREDO Action
Dear friend,
Another great way to apply more pressure on Congress to make this bailout more sensible is to spread the word to your friends and family. You can just forward the sample letter below.
Spreading the word is critical, but please only pass this message along to people who know you -- spam does not help our campaign.
Thanks for all you do.
--The CREDO Action Team
Here's a sample message to send to your friends:
Subject: No blank check for Wall Street.
Dear Friend,
Congress is on the brink of making a one-sided deal to give George W. Bush a blank check to bail out his pals - offering nearly (or perhaps more than) a trillion taxpayer dollars to Wall Street to cover its bad debts. That works out to somewhere between $2000 and $5000 from every American family. So what do the taxpayers get in return?
Nothing. No new regulation or oversight to help avoid this kind of crisis in the future. No public interest givebacks to help people whose homes are in the hands of the banks. Perhaps most shockingly of all, the taxpayers get absolutely no share in the profits if and when these finance giants bounce back, even though we are now assuming a great deal of the risk.
This is worse than a bad deal - this isn't a deal at all. This is a blank check to some of the richest companies in the world.
I just signed a petition calling on key members of Congress to impose a few sensible conditions to this bailout in order to protect the American people -- I hope you will too.
Please have a look and take action.
http://act.credoaction.com/campaign/no_blank_check/?r_by=911-1647563-j2_TkIx&rc=confemail
Thanks!