You are being mugged because some believe you are dumb. Do something.

[ozymandius]

Paulson and Bernanke seek dictatorial power to help their pals in the banking industry. Section 8 of the Paulson plan immunizes any action by the Treasury secretary from ANY oversight.

Write your representative.

Do you think that you don't know enough about our dire situation to say something about it? Do you feel Paulson's plan and all other forms of action are flawed but just cannot say why? No worries. 'Copy-and-paste' is your friend.

Some have spoken quite eloquently about the subject here at DU. Fair use of language from economic blogs allows you to find your voice with others' help. Go here for an overview of this nonsense that will be made worse under the Paulson plan.

---

Mike Shedlock is all over this horrible Paulson proposal. Mish offers basic talking points for you to use. So does Paul Krugman.

From Mish's site:

Phone or Email your Senators today. Tell them in your own words

* Urge your senator to Filibuster any bailout legislation.
* Emphatically state you do not want a bailout of any kind for anyone.
* No Dictatorial power for Paulson or Bernanke
* Taxpayers should not have to bail out banks making bad loans
* Tell them that "The Fed" and Paulson are systemic risk".

Email AND Phone Senators Shelby, Bunning, Kyle, Hagel

Whether Senator Shelby is your Senator or not, flood him with calls and emails asking for a filibuster and to stop the insanity. Senators Shelby, Bunning, and Kyle might be sympathetic to the cause, based on past statements. I am taking a stab at Hagel.

Please email and phone the following. Specifically ask for a filibuster and tell them to vote no to any bailout.

Shelby, Richard C.- (R - AL)
110 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
[phone]
E-mail: [e-mail]

Bunning, Jim- (R - KY)
316 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
[phone]
Web Form: http://bunning.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm

Kyl, Jon- (R - AZ)
730 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
[phone]
Web Form: kyl.senate.gov/contact.cfm

Hagel, Chuck (R - NE)
248 RUSSELL SENATE OFFICE BUILDING WASHINGTON DC 20510
[phone]
Web Form: hagel.senate.gov/public/index.cfm?FuseAction=Contact.Home

Please email and phone both of your senators as well.

This Paulson plan creates systemic risk at your expense. The bet being wagered here is that emotions, not clear-headed decisions, will drive this horrible legislation. We cannot cave to fear without a world of regret being the reward.

Write your representative.

[Hubert Flottz]

1. This is not more deregulation...

This is TOTAL DEREGULATION...this aggression/blackmail/strong armed robbery, should not stand.

The democrats will do exactly as BushCo demands, because to do otherwise would require a back bone and a tiny bit of patriotism. The sheep are stampeding one more time.

Nancy cut off their stampeder!

[babylonsister]

2. Rec'd, and thanks. nt

[lostnotforgotten]

3. Debt - 596 Trillion Derivatives - 58 Trillion Credit Default Swaps - 2.5 Trillion Credit Card

How much more of this do you want to be responsible for?

You decide!

See www.wallstreetdigest.com/hotline.php for numbers.

[dysfunctional press]

11. $596 trillion??? is there even that much money in the entire world?

that's some serious cash.

[lostnotforgotten]

14. And That's The Point - Most Of This Debt Exists As Computer Ones And Zeros

eom

[zippy890]

4. thanks. will do.

I was looking for the write way to express my opinions, not being up on the Fed/Treasury dept./SEC angles in this mess.

good information here.

:dem:

[FreeStateDemocrat]

5. Thanks. Stop the thieves before there is a clean get away.

[phrigndumass]

6. K+R, I'd phone my senator but he's busy running for President :)

This non-transparency is madness.

[dysfunctional press]

9. durbin isn't.

you do have two senators, you know...

[dmr]

7. Thank you ... n/t

[KG]

8. do what? write a letter that my rep will immediately shred while mindlessly vote for this handout?

:eyes:

[ozymandius]

13. So you're just giving up?

So what if your representative shreds/deletes your letter. At least they will have to acknowledge its receipt.

[AzDar]

10. Foreign Banks welcome to a bailout, too!

This must be stopped!:mad:

[ozymandius]

16. The best democracy money can buy.

This item made me absolutely furious. It's an attempt to make the Unites States a client state to our overseas creditors.

What a vile piece of work is Paulson.

[Pale Blue Dot]

12. Kick. Because we're not stupid.

[NuttyFluffers]

15. kick because it's important.

thanks for the heads up. and be sure people threaten congress with being voted out and national strikes. nothing gets their attention more than loss of personal power and absolute grinding halt of this machine. kick to tell a friend!
:D

:kick:

[lonestarnot]

17. If you think Kyle the bile would do anything to prevent this from happening

even if you blew up his email box or his phone line, you are wrong. He's the biggest dirtbag in Washington, next to McSame.

[ozymandius]

18. Mike Shedlock included him for a reason. I have duds in the Senate too.

Isakson and Chambliss. I wrote to them anyway. Their mailboxes need to be jammed with letters.

[morillon]

21. Same here.

But I wrote them anyway! I hope Chambliss goes down in flames this November.

[ozymandius]

22. Isakson has a statement on his website re: Paulson's plan.

He looks forward to helping us Georgians with whatever the Treasury department and the Bush administration present.

What a waste of skin.

Oh - greetings from a fellow Atlantan.

:hi:

[morillon]

24. Hey! Greetings, yourself!

Isakson and Chambliss are just rubber stamps for the * administration. They don't even remotely represent the interests of the majority of Georgians.

[Karenina]

19. K&R!

:kick:

[jdog]

20. VERY IMPORTANT!! THANKS OZY. N/T

[fascisthunter]

23. Great Post..... passing it on