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Stop the Wall Street Bailout! Bail out the people, not bankers on Wall Street!

Friday, October 3, 2008
Posted in Commentary | Tagged Commentary

The Senate has just voted to pass a US$700-billion financial bailout for corrupt financial institutions, while ignoring the real needs of working people.  In addition to an unprecedented giveaway to Wall Street, the bill also includes $100 billion dollars in tax breaks for corporations - but no relief for working people who are facing foreclosure and who need health care, jobs, and education.

The House of Representatives is scheduled to vote on this proposal as early as Friday - tomorrow.  Please sign the online petition now - tell President Bush, Candidates Obama and McCain, Members of Congress, Treasury Secretary Paulson, Federal Reserve Chairman Bernanke, and members of the media: Bail Out Main Street NOT Wall Street!  Sign the petition at http://www.stopforeclosuresandevictions.org/bailoutmainstnotwallst.shtml.

Petition

To: President Bush, Candidates Obama and McCain, Members of Congress, Treasury Secretary Paulson, Federal Reserve Chairman Bernanke, and members of the media

Bail Out Main Street NOT Wall Street!

Tens of millions of working and poor people are facing the most dire economic crisis since the Depression of the 1930s. Yet our government is planning to hand over the U.S. treasury to Wall St. bankers. All that the politicians offer to people who are losing their homes, jobs, health care, education and pensions are bigger and bigger budget cuts to vital social services.

Enough is Enough!

I say NO to this injustice. NO Bailout of Wall Street bankers!

Instead, I demand the following emergency measures:

1. Moratorium on home foreclosures and evictions.
2. Freeze all job layoffs and extend unemployment benefits.
3. Freeze all utility cutoffs & roll back gas, food and utility prices
4. Protect workers’ pensions and savings-hands off Social Security.
5. Debt cancellation for working and poor people-no repossessions or wage garnishing.
6. Moratorium on budget cuts in all social programs like health care, education, mass transit, youth programs, seniors programs, veterans programs and others.

Sincerely,
(Your signature will be appended here based on the contact information you enter)

SIGN THE ONLINE PETITION

BAIL OUT THE PEOPLE, NOT THE BANKERS ON WALL STREET!

_______________________________________________________________________________________

NYC EMERGENCY PLANNING MEETING:

TO FIGHT THE
WALL ST. BAILOUT

2pm Saturday OCT 4
At the Solidarity Center
55 West 17 St. NYC 5th floor
(bet. 6th and 5th Ave. - take all trains to 14th , Manhattan)

*Plan more actions
*Get involved, get organized
*Find out what’s being planned
*Discuss the issues & the connections

Sponsored by Troops Out Now Coalition, FIST & The Ad-hoc National Network Against Foreclosures and Evictions
Contact info: 212-633-6646 www.TroopsOutNow.org

Sign the Petition | Donate to Help With Organizing Expenses