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 (65,367 Total) View All Signers

Linda B.Bonita Springs, FL charlie Chris or Florida house rep. or Florida Senate rep.
Jeanette W.Saint Louis, MO Congress should have passed laws preventing the conditions that make all these bailouts "necessary". Why are jobs in the financial and auto industries more worth saving than those in any other industry? Let's bail out the millions of people not in those industries. The auto industry should get it...View More
Jeanette W.Saint Louis, MO Congress should have passed laws preventing the conditions that make all these bailouts "necessary". Why are jobs in the financial and auto industries more worth saving than those in any other industry? Let's bail out the millions of people not in those industries. The auto industry should get it...View More
Glen L.Panama City Beach, FL x
Ely S.Summerdale, AL What a slap in the face of the supposed "free enterprise capitalism" philosophy.
MICHAEL G.Livingston, TX NO WAY TAKE IT OUT OF YOUR OWN POCKET AND NOT ALREADY TAX PAYING AMERICANS
BRANDI B.Livingston, TX why are taxpayers paying the price of something we have nothing to do with. Understanding the econmic effect it may have, there has to be somewhere else the money can come from, besides taxpayers, i believe we are taxed enough already
Roger S.Kokomo, IN Finally the democrats got smart and made the auto execs explain what they are going to do with the money. (Give it to the UAW) Now there need to be some new faces in the CEO positions and new faces in union leadership. For one company it has been down hill ever since the basketball player took over....View More
George W.Charleston, SC I am a democrat, I do not support a bailout for the auto industry. Heck, we've seen the abuse already with the bank bailout - banks are using the funds to buy other banks, give bonuses, etc. Can't anyone learn a lesson here? We are a free market, businesses sometimes fail - especially those that f...View More
George W.Charleston, SC I am a democrat, I do not support a bailout for the auto industry. Heck, we've seen the abuse already with the bank bailout - banks are using the funds to buy other banks, give bonuses, etc. Can't anyone learn a lesson here? We are a free market, businesses sometimes fail - especially those that f...View More
John S.Denver, CO No Wall street or auto bailouts! Maybe Americans should boycott paying 2008 federal income tax - no income tax revenue, no bailout.
lynn B.Duncanville, TX Our tax dollars are burning holes in Paulson's pockets! Why not just admit that you were wrong, cut your losses & bail out of the Bailout! We, the people, don't want our taxpayers going to these overpaid execs when all they do is spend the $ on resorts, jets, etc. Let the Free Market run its cour...View More
Cindy L.Conway, AR Stop spending our Social Security money! These execs are so out of touch with reality! Let them sell all their jets & mansions & private dining rooms to put back $ into the company that they robbed!
Samantha C.Dallastown, PA I will check to see who supported this and not vote them into office again. I will also spread the word, since no one I know wants this.
Rose P., Where does it end? All US companies will be in line for taxpayers money to support their lifestyle. There is no indication that the CEO's, CFO's and C_O's are even attempting to tighten their belt or give back to their companies. They rape the company and the taxpayer is being forced to salvage t...View More

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