I just got an email from Democrats.com asking me to call

[lifesbeautifulmagic]

congress tomorrow to lobby against the bailout. So I am not the only one who is not happy with this bill. I am sure most, if not all of you will get the same email, but anyways, here is a portion.

"After a week of high-drama negotiations, Congress and Hank Paulson issued Bailout version 1.1, which is just the original Paulson pig with a lot of lipstick.

Republicans say the deal will be profitable for taxpayers, but they are lying - just as they did about the invasion of Iraq producing lower gas prices. It's a lie because Paulson has full power to pay too much for the securities and he will because his real goal is a bailout of bank executives and shareholders with our money - a massive ($2,333 per person!) transfer of wealth from the poor and middle class to the rich.

Democrats say they got oversight, accountability, and limits on executive compensation but each of these provisions is so full of Republican-written loopholes that they are meaningless - just like all other restrictions imposed on the Bush Administration, from Iraq to wiretapping. And that's before Bush simply negates any restrictions he doesn't like with one of his unconstitutional (and hence impeachable) signing statements.

So our answer remains ABSOLUTELY NOT."

[scarletwoman]

1. We all need to "JUST SAY NO" to this boondoggle. Rec'd (nt)

[lifesbeautifulmagic]

2. yes, I was surprised to get this, because from reading the

posts here tonight, I kind got the feeling that the party had decided to go ahead with the bailout, even if they had misgivings about it. Apparently not, and I am very happy about that.

[scarletwoman]

3. Democrats.com is not affiliated with the Democratic Party, it's a political activist site.

No, our dear Democratic leaders are just fine with the bailout. After all, they're protecting the people they work for -- which ISN'T us.

sw

[lifesbeautifulmagic]

5. i didn't know there is no connection, I always thought they were the

working activist part of the party. The division that got things done. Thanks, good to know.

[ShortnFiery]

6. That's because FAR TOO MANY of our *dear* democratic leaders are MILLIONAIRES.

This is just "a game" to some. Further, they are being bombarded by corporate lobbyists. Our first duty after we win this election is to VOTE OUT all corporate democrats in future Primaries in favor of their Democratic Challenger.

Our "dear" democratic leaders WORK FOR US and we can KICK THE CORPORATISTS OUT. :thumbsup:

[ShortnFiery]

4. God Bless Democrats.com - their interest is for the welfare of Middle-Working Class Americans!

I'm there! :patriot:

[newtothegame]

7. Amen n/t

[FlyingSquirrel]

8. a-f'ing-men.

I'm not even a lawyer and I can see loopholes big enough to drive my bus through.

Treasurer can't pay more than assets are worth EXCEPT WHEN HE CAN.

Banks don't need to keep any money in reserve. (Guess I'll declare that I'm a bank!)

If this turns out badly, the President'll just submit a new proposal to Congress

[OmahaBlueDog]

9. Clearly, not all Republicans are saying this

Some of them (House members, mostly) are still threatening to vote against Bush on this one.

Some Freepers are convinced that if McSame votes no on the bailout, he'll be elected for sure.