Additionally, you can e-mail them by going to their web form and sending them an e-mail. You may want to search out your Senators as well and contact them even if they are not on this list. Fax and phone calls work better than e-mail.
Mish has been running point for internet people on gathering information and keeping up to date on what’s happening.
Shelby, Richard C.- (R – AL)
110 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
Bunning, Jim- (R – KY)
316 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
Web Form: http://bunning.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm
Grassley, Chuck- (R – IA)
135 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
Web Form: grassley.senate.gov/contact.cfm#emailform
Kyl, Jon- (R – AZ)
730 HART SENATE OFFICE BUILDING WASHINGTON DC 20510
Web Form: kyl.senate.gov/contact.cfm
Ensign, John- (R – NV)
Washington D.C. Office
119 Russell Senate Building
Washington, D.C. 20510
Phone: (202) 224-6244
Fax: (202) 228-2193
Web Form: ensign.senate.gov/forms/email_form.cfm
Congressman Mike Pence (R – IN)
1317 Longworth HOB
Washington, DC 20515
(202) 225-3021 office
(202) 225-3382 fax
Web Form: https://forms.house.gov/pence/IMA/contact_form.htm
Please change this however you want. One time I pleaded with them not to saddle my children and grandchildren. I told them it’s time to get a handle on spending more than they take in.
For the good of the United States of America, I am asking the Senate to stand up to justice and protect the taxpayer. Instead, please consider solid alternatives offered by Hussman and Mish to recapitalize banks in a way that protects the taxpayer.
Summary points of the Hussman letter:
In summary, the Treasury proposal to address current financial difficulties places corporate bondholders ahead of the public, rewards irresponsible risk-taking, and sets a precedent for future bailouts. Moreover, we know from a long history of economic experience across countries that a major expansion of government liabilities is invariably followed by multi-year periods of extremely high inflation, particularly when it is not matched by a similar expansion of economic production. Such inflation would initially be modest because of the current weakness in the economy, but could pose unusual challenges to the United States in the coming years.
Congress can benefit the American public by maintaining a focus on responsibly assisting homeowners in distress rather than defending the stockholders and bondholders of overleveraged financial companies. It is essential to recognize that the failure of these companies need not result in “financial meltdown” provided that the “good bank” representing the vast majority of assets and liabilities is cut away, protecting customers and counterparties, so that the losses are properly borne out of the capital base of the companies that incurred them.
Again, everyone knows that a policy of bailouts will increase their number. By choosing who bears the losses for irresponsible decisions at these companies, Congress will also choose the scope of the bailouts that follow.
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