Friends,

The following is a message from National Taxpayers Union" <[EMAIL PROTECTED]>.

*******************************

Taxpayers let their voices be heard loud and clear on Monday as the House was 
preparing to vote on the bailout package. The flood of phone calls and emails 
helped convince enough Congressmen to defeat the $700 billion package.

Today the struggle has moved to the Senate where it is expected that a vote 
will be held this evening. Twenty-six groups joined the National Taxpayers 
Union in signing an open letter urging Senators to vote against this bailout. 
You can read it here. We also urge concerned citizens to continue to contact 
their Senators to make sure the message gets through.

Senator John Warner 
http://warner.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm
(202) 224-2023

Senator Jim Webb http://webb.senate.gov/contact/
(202) 224-4024

D.C. and local district office numbers are available on your Senators' web 
sites. You can look up that information here:

        http://www.senate.gov/general/contact_information/senators_cfm.cfm

In case the Senate's web servers crash like the House's did on Monday, you can 
also look up contact information here:

        http://www.congress.org/congressorg/directory/congdir.tt

More Resources:

Below is a Vote Alert that NTU sent to each Senate office earlier today:

NTU urges all Senators to vote "NO" on the $700 billion financial industry 
bailout plan.

This unconscionable scheme forces the vast majority of taxpayers who were 
honest and prudent to bail out firms on Wall Street that made bad business 
decisions. This version of the legislation heaps on even more bad policy to the 
original proposal, including an amendment from Sen. Sanders (I-VT) to impose a 
punitive tax hike on wealthy individuals. Other provisions, such as those for 
renewable energy, are a cynical exercise in vote-buying. Furthermore, the bill 
does nothing to address the root causes of today's market difficulties. The 
long-term effects of this fiasco, including inflation, a weaker dollar, and an 
even more precarious federal balance sheet, are almost certain to outweigh the 
shallow short-term stabilization of moneyed interests who have been twisting 
arms on both ends of Pennsylvania Avenue. Tellingly, amendments to improve the 
bill from a taxpayer perspective have been forbidden.

Congress helped to create this debacle with the Community Reinvestment Act, 
poor tax policies, hastily designed mark-to-market regulations, and spectacular 
negligence with regard to the systemic risks posed by Fannie Mae and Freddie 
Mac. Instead of addressing those core problems, this disgraceful plan snatches 
$700 billion from the pockets of hard-working Americans, the vast majority of 
whom had no part in this horrific play.

Congress apparently decided to listen to a few political heavy-hitters in the 
financial community about the need to shovel boatloads of taxpayer money into 
their faltering businesses, rather than listening to their constituents who 
have stridently opposed this giveaway. Surely some Senators will reap what they 
have sown at the ballot box for their shocking negligence of taxpayers' 
concerns.

Cloture and final passage votes on the bailout will be among only a handful in 
the last decade to receive the highest weight of 100 in our annual Rating of 
Congress.

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Visit the web address below to tell your friends, family, colleagues, and 
neighbors how they can GET INVOLVED!

http://ga1.org/join-forward.html?domain=ntu_action&r=97N1R4p1--kf

If you received this message from a friend, you can sign up for NTU's Taxpayer 
Action Center at:

http://ga1.org/ntu_action/join.html?r=97N1R4p1--kfE

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ACT NOW!!

-- END --



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