Call Congress NOW! Say NO BAILOUT for Wall Street

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CCAG Action Alert

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Dear Friend,

Please call Congress IMMEDIATELY at 1-800-473-6711 and tell them to oppose the $700 billion giveaway to Wall Street. Main Street

has been kicked to the curb.

Speaker Pelosi has said that there will be no amendments to the bill, so CCAG believes the correct vote is a "NO" vote for the following reasons:

  • Taxpayers do not receive enough equity in the financial institutions for our investment. If we are to buy up all this bad debt, taxpayers should

    have more equity in these financial corporations with our public investment.

  • Foreclosure on people's primary residences has been largely ignored, leaving out homeowners but taking care of the financial institutions.
  • Financial industry regulation was left out of the bill. Our leaders listened to the financial institutions and deregulated the financial sector,

    sticking taxpayers with the bill. Strong re-regulation of the industry is needed.

A bad bill is worse than no bill; an incomplete bill lets Congress think their work is done. We recognize that action is necessary, but we should

insist on protecting homeowners and taxpayers in concert with propping up ailing financial institutions. We need to take care of all of these concerns.

The House will be voting on this as early as this afternoon! Call Congress at 1-800-473-6711 and oppose this bailout of Wall

Street and abandonment of Main Street.

Peace,

-John Murphy // CCAG Political Director