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Paul Warnow

Tax Payers are getting taken for $700 Billion, with this Bailout.

Tax Payers are getting taken for $700 Billion, with this Bailout.

I think the we should requiring the following for any companies that are bailed out:

Transparency
Accountability
Weekly reports posted to the web.
Investigations into Executive management
Pay cuts for Executives
Loss of all Compensation for any negligence
Jail time for any fraud

Please call your Senate and House representatives and ask them to do the above.

I think we should hold a public protest at Nancy Pelosi's office.

Please let me know what you think.

Thanks for your time and support,

Paul

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3 Comments

Donna Cay Tharpe Comment by Donna Cay Tharpe on November 16, 2008 at 9:49am
I say a big fat NO to the big fat corporate entities who want a big fat bailout!!! It's time for a tax payers' revolt. JUST SAY NO! We should not sit by passively and quietly while our hard work and financial futures are being squandered.

I do say YES to a protest, at Pelosi's office and statewide at the offices of senstors and congresspeople.

I don't have the time to organize such an effort (I work about 60 hours/week), but I will be there either alone or with others of you who are sick and tired of the poor representation our elected officials are providing for those of us who voted for them.
k Comment by k on November 16, 2008 at 1:29pm
I want there to be consequences for the obvious corruption. If we let them get away with it, we are sending a message that we don't care that we've been robbed and abused.
Jim Comment by Jim on November 17, 2008 at 9:41am
To provide a bailout of the U.S. auto industry is akin to giving a heroine addict more heroine in order to avoid the painful withdrawl period (ain't pretty folks, but absolutely necessary). I can almost understand the idea behind infusing money into the banking system in order to maintain sound credit markets. But, even this seems not quite right.

Look, we are in for a very long and painful economic downturn. We have built a house of cards and now it has began to tumble. The good part is that we will shake out the inefficient sectors of the economy, the bad part is that people who work in those sectors will have a hard time paying bills. Meanwhile, the wealth polarizes...

There is no easy answer, and no answer at all, for what we will have to go through as a nation, and world, for the next several years. But, there is optimism and hope in the huge amount of opportunity to build a domestic alternative energy program that will stimulate our economy the right way (as opposed to the $600 stimilus check most of us received last summer that merely prolonged the inevitible at the same time digging the hole deeper).

Change is not easy and is not painless. Real change requires hard work, sacrifice, and long-term vision. This is our opportunity for our nation to re-emerge under a new economic paradigm. Meanwhile we must all do our part by speaking to our representatives to let them know how we feel.

Thanks for the soapbox.

Jim in Arizona

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