When the House of Representatives rejected a financial bailout package on Monday, Congress had an opportunity to address objections to the proposal and ensure the rights of Main Street were protected. Instead, the Senate hastily added provisions - many wholly unrelated to fixing the economy - that caused the bill to balloon to a colossal 451 pages. Most legislators haven't had the time to read or understand it.
This is an outrage! Public Citizen opposes this bill. If the bill is enacted, we will urge Congress to return to this issue immediately after the New Year, re-regulating the finance industry and providing needed consumer protections and relief.
Write your congressional representatives TODAY and tell them to oppose H.R. 1424, the Emergency Economic Stabilization Act of 2008, as passed by the Senate.
http://action.citizen.org/campaign.jsp?campaign_KEY=26039
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