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Taxpayers Against Wall Street Bailout

 

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To:  US Congress

We the undersigned refuse to be held accountable for the massive debt incurred on the watch of the major US financial institutions and the United States government. The Wall Street Bailout Bill, currently being considered by Congress, would do just that, buying back $700,000,000,000 worth of bad debt, passing this cost directly to the taxpayers, which amounts to a tax hike of just over $18,000 per US taxpayer. In addition, this bill puts unprecedented and unchecked power in the hands of one man, Henry Paulson Jr, our United States Treasury Secretary, who is coincidentally the former CEO of Goldman Sachs, one of the world's largest and most successful investment banks.

Americans, in the aftermath of September 11th, 2001, were so frightened by the possibility of chaos in America that they stood silently by while the Patriot Act was signed into law on October 26th, 2001. This law has severely curtailed the freedoms and liberties of every single US citizen, and has given unthinkable and unchecked powers to the executive branch. The Wall Street Bailout Bill is simply part two of this maligned coup. By transferring the power of the purse from Congress to the Executive branch, we are treading very dangerously close to dictatorship in the United States.

There are a number of reasons why this bill is irresponsible and potentially fatal to the United States economy. The undersigned will not stand idly by this time around, while the health of our economy is being flushed down the toilet.

Sincerely,

The Undersigned

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The Taxpayers Against Wall Street Bailout Petition to US Congress was created by and written by Travis Hill (travmatron86@gmail.com).  This petition is hosted here at www.PetitionOnline.com as a public service. There is no endorsement of this petition, express or implied, by Artifice, Inc. or our sponsors. For technical support please use our simple Petition Help form.

tags:   bailout   government   Street   taxpayers   wall  

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