The news reports indicate that it’s the Republicans who have concerns about the bailout package but look at my Democratic representatives. They too are voicing their concerns.
I called my congressman and both senators to voice my objections to the bailout.
Henry Waxman a leading congressman and I am in his district:
“I have serious reservations about the Administration’s bailout proposal. The structure of the plan appears designed to maximize returns for Wall Street and minimize protections for the taxpayer.” This was part of a one page press release.
Dianne Feinstein, Senior California Senator
On September 26, 2008, Senator Feinstein speaks on the Senate floor about the national economic crisis and Congressional efforts to negotiate an economic rescue bill. Click here to watch the video.
Nancy Pelosi, Speaker of the House and San Francisco congresswoman
“We’re very pleased that the President acknowledged last night in his remarks four of the principles that we had been looking for, which was oversight, forbearance for homeowners, CEO compensation, and equity for the American taxpayer. We think in making this large of investment, the taxpayer should have sole ownership, some upside to it, get some of the benefit of the investment.” This was part of her statement this past Thursday.
Coast Contact 