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Tuesday, September 30, 2008 2:20 AM


Courageous Vote In The House


Mish Moved to MishTalk.Com Click to Visit.

Note: How To Stop A Run On The Banks supersedes the following campaign.
Please read and act on the above link.

We need to target the Senate. It is likely the next action shifts there. However, everyone still needs to follow up by thanking or chastising their House Representative as explained in The Bailout Failed: What's Next?

One new idea for this campaign is that the bill is unconstitutional as explained by the We The People Foundation.

I want everyone to contact every senator.

Fax Title: Courageous Vote In The House

Dear senator

Today the US House of Representatives cast a courageous vote against the Paulson bailout proposal.

In spite of the stock market gyrations, we encourage you to do the same.

Bill Is Unconstitutional

The Paulson Proposal is ill-advised, the wrong approach, will not create any jobs.

Furthermore, there is no constitutional authority for the US Government or the Federal Reserve to use public (taxpayer) money for what is definitely a private purpose (bailing out Wall Street).

Fox Oversees Henhouse

The bill sets up an oversight board, which is directed to “ensure that the policies implemented” by Mr. Paulson are proper. Mr. Paulson is to be one of the five members of the board watching over his own actions. He is joined by the chairman of the Federal Reserve, the chairman of the Securities and Exchange Commission, the Housing Secretary and the director of the Federal Home Finance Agency.

The proposed toothless oversight board does anything but waste more taxpayer money.

New Proposal Cedes Congressional Authority To The Administration

Paulson, or whoever the next Treasury Secretary is, can buy whatever he wants, at whatever price he wants. Why should Congress give such authority to anyone at any time?

Note that the next Treasury Secretary is not even a known quantity!

Ceding blank check power to the administration and requiring super majorities to override would set a dangerous precedent.

I am appalled that the administration would ask for such power and I am even more appalled that Congress would be willing to structure a bill this way.

No Insurance

Likewise, ceding power to the treasury on how to best implement the insurance provision is also a terrible idea. Congress, not the Treasury should stipulate how insurance should work. Leaving insurance to the discretion of the Treasury is tantamount to agreeing there should not be insurance.

Broad New Powers For The SEC

A provision of the bill gives the S.E.C. permission to suspend the rule for any individual company if it thinks that is in the public’s interest. It is absurd that the SEC should be allowed to wave whatever rules it wants.

We got into trouble in the first place because of poor accounting principles!

No Help For Homeowners

This bill offers no help for homeowners. All it offers is a provision to "encourage" servicers of the underlying mortgages to take advantage of the Hope for Homeowners Program. Exactly what use is that?

Administrative Costs

Administrative costs are hidden.

Recoupment mechanism

The recoupment mechanism does nothing except to require the President submit a proposal to offset such costs after five years. There is nothing of merit in the bill that remotely protects the taxpayer, and no constitutional grounds for a taxpayer sponsored bailout in the first place.

Bill Is A Disgrace

This bill is so full of holes and toothless provisions it is a disgrace.

Bill Creates No Jobs

Most importantly, th
e bill will not create a single job, nor will it solve the underlying economic problems. Over 190 major economists agree.

If you vote for this Bailout Bill I will vote against you.

I will do more than that, I will work actively for your opponent, no matter who that person is, doing everything in my power to contribute to your defeat.

If you vote for this bill I will contribute my time, energy and money to your opponent, whoever that may be.

Senator, It is time to push the Paulson proposal aside and start all over.

Keep phoning and faxing until you Fill Every Congressional Voice Mail Box In The Country.

If you do not have internet faxing get it.

I went with MetroFax. 1000 pages at a very cheap price.
If you are reading this most likely you can afford $12.
Sign up today and fax to your heart's content.

Contact The House

Congressional Phone And Fax Numbers

Click Here For
Congressional Phone And Fax Numbers

Please fax AND phone your congressional representative, Nancy Pelosi, and Barney Frank.

House Phone Numbers

Rep. Nancy Pelosi (D)(202) 225-4965
Rep. Barney Frank (D)(202) 225-5931

Please Call Every Senator with this simple message "I Applaud The Courageous Vote In The House to Block The Paulson Proposal. I expect you to do the same. It is time to look at other alternatives."

Senate Phone Numbers
Akaka, Daniel K.- (D - HI) Class I (202) 224-6361
Alexander, Lamar- (R - TN) Class II (202) 224-4944
Allard, Wayne- (R - CO) Class II (202) 224-5941
Barrasso, John- (R - WY)Class I (202) 224-6441
Baucus, Max- (D - MT) Class II (202) 224-2651
Bayh, Evan- (D - IN) Class III (202) 224-5623
Bennett, Robert F.- (R - UT) Class III (202) 224-5444
Biden, Joseph R., Jr.- (D - DE) Class II (202) 224-5042
Bingaman, Jeff- (D - NM) Class I (202) 224-5521
Bond, Christopher S.- (R - MO) Class III (202) 224-5721
Boxer, Barbara- (D - CA) Class III (202) 224-3553
Brown, Sherrod- (D - OH) Class I (202) 224-2315
Brownback, Sam- (R - KS) Class III (202) 224-6521
Bunning, Jim- (R - KY) Class III (202) 224-4343
Burr, Richard- (R - NC) Class III (202) 224-3154
Byrd, Robert C.- (D - WV) Class I (202) 224-3954
Cantwell, Maria- (D - WA) Class I (202) 224-3441
Cardin, Benjamin L.- (D - MD) Class I (202) 224-4524
Carper, Thomas R.- (D - DE) Class I (202) 224-2441
Casey, Robert P., Jr.- (D - PA) Class I (202) 224-6324
Chambliss, Saxby- (R - GA) Class II (202) 224-3521
Clinton, Hillary Rodham- (D - NY) Class I (202) 224-4451
Coburn, Tom- (R - OK) Class III (202) 224-5754
Cochran, Thad- (R - MS) Class II (202) 224-5054
Coleman, Norm- (R - MN) Class II (202) 224-5641
Collins, Susan M.- (R - ME) Class II (202) 224-2523
Conrad, Kent- (D - ND) Class I (202) 224-2043
Corker, Bob- (R - TN) Class I (202) 224-3344
Cornyn, John- (R - TX) Class II (202) 224-2934
Craig, Larry E.- (R - ID) Class II (202) 224-2752
Crapo, Mike- (R - ID) Class III (202) 224-6142
DeMint, Jim- (R - SC) Class III (202) 224-6121
Dodd, Christopher J.- (D - CT) Class III (202) 224-2823
Dole, Elizabeth- (R - NC) Class II (202) 224-6342
Domenici, Pete V.- (R - NM) Class II (202) 224-6621
Dorgan, Byron L.- (D - ND) Class III (202) 224-2551
Durbin, Richard- (D - IL) Class II (202) 224-2152
Ensign, John- (R - NV) Class I (202) 224-6244
Enzi, Michael B.- (R - WY) Class II (202) 224-3424
Feingold, Russell D.- (D - WI) Class III (202) 224-5323
Feinstein, Dianne- (D - CA) Class I (202) 224-3841
Graham, Lindsey- (R - SC) Class II(202) 224-5972
Grassley, Chuck- (R - IA) Class III (202) 224-3744
Gregg, Judd- (R - NH) Class III (202) 224-3324
Hagel, Chuck- (R - NE) Class II (202) 224-4224
Harkin, Tom- (D - IA) Class II (202) 224-3254
Hatch, Orrin G.- (R - UT)Class I (202) 224-5251
Hutchison, Kay Bailey- (R - TX) Class I (202) 224-5922
Inhofe, James M.- (R - OK) Class II(202) 224-4721
Inouye, Daniel K.- (D - HI) Class III (202) 224-3934
Isakson, Johnny- (R - GA)Class III (202) 224-3643
Johnson, Tim- (D - SD) Class II(202) 224-5842
Kennedy, Edward M.- (D - MA) Class I(202) 224-4543
Kerry, John F.- (D - MA) Class II(202) 224-2742
Klobuchar, Amy- (D - MN) Class I (202) 224-3244
Kohl, Herb- (D - WI) Class I (202) 224-5653
Kyl, Jon- (R - AZ) Class I (202) 224-4521
Landrieu, Mary L.- (D - LA) Class II (202) 224-5824
Lautenberg, Frank R.- (D - NJ) Class II (202) 224-3224
Leahy, Patrick J.- (D - VT) Class III (202) 224-4242
Levin, Carl- (D - MI) Class II (202) 224-6221
Lieberman, Joseph I.- (ID - CT) Class I (202) 224-4041
Lincoln, Blanche L.- (D - AR) Class III (202) 224-4843
Lugar, Richard G.- (R - IN) Class I (202) 224-4814
Martinez, Mel- (R - FL) Class III (202) 224-3041
McCain, John- (R - AZ) Class III (202) 224-2235
McCaskill, Claire- (D - MO) Class I (202) 224-6154
McConnell, Mitch- (R - KY) Class II (202) 224-2541
Menendez, Robert- (D - NJ) Class I (202) 224-4744
Mikulski, Barbara A.- (D - MD) Class III (202) 224-4654
Murkowski, Lisa- (R - AK) Class III (202) 224-6665
Murray, Patty- (D - WA) Class III (202) 224-2621
Nelson, Bill- (D - FL) Class I (202) 224-5274
Nelson, E. Benjamin- (D - NE) Class I (202) 224-6551
Obama, Barack- (D - IL) Class III (202) 224-2854
Pryor, Mark L.- (D - AR) Class II (202) 224-2353
Reed, Jack- (D - RI) Class II (202) 224-4642
Reid, Harry- (D - NV) Class III (202) 224-3542
Roberts, Pat- (R - KS) Class II (202) 224-4774
Rockefeller, John D., IV- (D - WV) Class II (202) 224-6472
Salazar, Ken- (D - CO) Class III (202) 224-5852
Sanders, Bernard- (I - VT) Class I (202) 224-5141
Schumer, Charles E.- (D - NY) Class III (202) 224-6542
Sessions, Jeff- (R - AL) Class II (202) 224-4124
Shelby, Richard C.- (R - AL) Class III (202) 224-5744
Smith, Gordon H.- (R - OR) Class II (202) 224-3753
Snowe, Olympia J.- (R - ME) Class I (202) 224-5344
Specter, Arlen- (R - PA) Class III (202) 224-4254
Stabenow, Debbie- (D - MI) Class I (202) 224-4822
Stevens, Ted- (R - AK) Class II (202) 224-3004
Sununu, John E.- (R - NH) Class II (202) 224-2841
Tester, Jon- (D - MT) Class I (202) 224-2644
Thune, John- (R - SD) Class III (202) 224-2321
Vitter, David- (R - LA) Class III (202) 224-4623
Voinovich, George V.- (R - OH) Class III (202) 224-3353
Warner, John- (R - VA) Class II (202) 224-2023
Webb, Jim- (D - VA) Class I (202) 224-4024
Whitehouse, Sheldon- (D - RI) Class I (202) 224-2921
Wicker, Roger F.- (R - MS) Class I (202) 224-6253
Wyden, Ron- (D - OR) Class III (202) 224-5244

Call every Senator with this simple message "I Applaud The Courageous Vote In The House to Block The Paulson Proposal. I expect you to do the same. It is time to look at other alternatives."

Senate Fax List

Targeted Senate Fax List.

Sen. Richard Shelby (R) 202-224-3416 or 202-224-5137 (try both not sure which is correct)
Sen. Harry Reid (D) 202-224-7327
Sen. Jim DeMint (R) 202-228-5143
Sen. John Ensign (R) 202-228-2193
Sen. Jim Bunning (R) 202-228-1373
Sen. Chuck Grassley (R) 202-224-6020
Sen John McCain (R) 202-228-2862

Sen. Barack Obama 202-228-4260
Sen. John D. Rockefeller 202-224-7665
Sen. Dianne Feinstein 202-228-3954
Sen. Ron Wyden 202-228-2717
Sen. Evan Bayh 202-228-1377
Sen. Barbara Mikulski 202-224-8858
Sen. Bill Nelson 202-228-2183
Sen. John Kerry 202-224-8525
Sen. Daniel Inouye 202-224-6747
Sen. Hillary Clinton 202-228-0282

Complete Senate Fax List

US Senate List

Note: the Fax number appears twice. Look above for phone numbers.

This list is MetroFax Compatible

To Use In MetroFax

1) Clip it
2) Open up notepad or Excel
3) Save it as a .CSV file
4) Upload it to metrofax

First Name,Last Name,Company,Voice Number,Fax Number

Congress,B. Evan Bayh (S),Congress,2022281377,2022281377
Congress,Barack Obama (S),Congress,2022285417,2022285417
Congress,Barbara Boxer (S),Congress,2022240454,2022240454
Congress,Barbara Mikulski (S),Congress,2022248858,2022248858
Congress,Ben Nelson (S),Congress,2022280012,2022280012
Congress,Bill Nelson (S),Congress,2022282183,2022282183
Congress,Blanche Lincoln (S),Congress,2022281371,2022281371
Congress,Byron Dorgan (S),Congress,2022241193,2022241193
Congress,Carl Levin (S),Congress,2022241388,2022241388
Congress,Charles Grassley (S),Congress,2022246020,2022246020
Congress,Charles Schumer (S),Congress,2022283027,2022283027
Congress,Christopher Dodd (S),Congress,2022241083,2022241083
Congress,Chuck Hagel (S),Congress,2022245213,2022245213
Congress,Daniel Inouye (S),Congress,2022246747,2022246747
Congress,Daniel Akaka (S),Congress,2022242126,2022242126
Congress,Debbie Stabenow (S), Congress,2022280325,2022280325
Congress,Dianne Feinstein (S),Congress,2022283954,2022283954
Congress,Edward Kennedy (S),Congress,2022242417,2022242417
Congress,Elizabeth Dole (S),Congress,2022241100,2022241100
Congress,Frank Lautenberg (S),Congress,2022284054,2022284054
Congress,GeorgeVoinovich (S),Congress,6144697733,6144697733
Congress,Gordon H. Smith (S),Congress,2022283997,2022283997
Congress,Harry Reid (S),Congress,2022247327,2022247327
Congress,Herbert Kohl (S),Congress,2022249787,2022249787
Congress,Hillary Clinton (S),Congress,2022280282,2022280282
Congress,James Inhofe (S),Congress,2022280380,2022280380
Congress,Jeff Bingaman (S),Congress,2022242852,2022242852
Congress,Jeff Sessions (S),Congress,2022243149,2022243149
Congress,Jim Bunning (S),Congress,2022281373,2022281373
Congress,Jim Demint(S),Congress,2022285143,2022285143
Congress,John Cornyn (S),Congress,2022282856,2022282856
Congress,John E. Sununu (S),Congress,2022284131,2022284131
Congress,John Ensign (S),Congress,2022282193,2022282193
Congress,John F. Reed (S),Congress,2022244680,2022244680
Congress,John Forbes Kerry (S),Congress,2022248525,2022248525
Congress,John McCain (S),Congress,2022282862,2022282862
Congress,John R. Thune(S),Congress,2022285429,2022285429
Congress,John Warner (S),Congress,2022246295,2022246295
Congress,Johnny Isakson (S),Congress,2022280724,2022280724
Congress,Jon Kyl (S),Congress,2022242207,2022242207
Congress,Joseph Biden (S),Congress,2022240139,2022240139
Congress,Joseph Lieberman (S),Congress,2022249750,2022249750
Congress,Judd Gregg (S),Congress,2022244952,2022244952
Congress,Kay Hutchison (S),Congress,2022240776,2022240776
Congress,Ken Salazar (S),Congress,2022285036,2022285036
Congress,Kent Conrad (S),Congress,2022247776,2022247776
Congress,Lamar Alexander(S),Congress,2022283398,2022283398
Congress,Larry E. Craig (S),Congress,2022281067,2022281067
Congress,Lisa Murkowski (S),Congress,2022245301,2022245301
Congress,Maria Cantwell (S),Congress,2022280514,2022280514

Congress,Mark Pryor (S),Congress,2022280908,2022280908
Congress,Mary Landrieu (S),Congress,2022249735,2022249735
Congress,Mel Martinez (S),Congress,2022885171,2022885171
Congress,Michael D. Crapo (S),Congress,2022281375,2022281375
Congress,Michael Enzi (S),Congress,2022280359,2022280359
Congress,Mitch McConnell(S),Congress,2022242499,2022242499
Congress,Norm Coleman (S),Congress,2022241152,2022241152
Congress,Olympia Snowe (S),Congress,2022241946,2022241946
Congress,Orrin Hatch (S),Congress,2022246331,2022246331
Congress,Pat Roberts (S),Congress,2022243514,2022243514
Congress,Patrick Leahy (S),Congress,2022243479,2022243479
Congress,Patty Murray (S),Congress,2022240238,2022240238
Congress,Pete Domenici (S),Congress,2022280900,2022280900
Congress,Richard Durbin (S),Congress,2022280400,2022280400
Congress,Richard Lugar (S),Congress,2022280360,2022280360
Congress,Richard Shelby (S),Congress,2022243416,2022243416
Congress,Robert Bennett (S),Congress,2022241168,2022241168
Congress,Robert Byrd (S),Congress,2022280002,2022280002
Congress,Ron Wyden (S),Congress,2022282717,2022282717
Congress,Russ Feingold (S),Congress,2022242725,2022242725
Congress,Sam Brownback (S),Congress,2022281265,2022281265
Congress,Saxby Chambliss (S),Congress,2022240103,2022240103
Congress,Susan M. Collins (S),Congress,2022242693,2022242693
Congress,Ted Stevens (S),Congress,2022242354,2022242354
Congress,Thomas R. Carper (S),Congress,2022282190,2022282190
Congress,Tim P. Johnson(S),Congress,2022285765,2022285765
Congress,Tom Harkin (S),Congress,2022249369,2022249369
Congress,Wayne Allard (S),Congress,2022246471,2022246471
Congress,Debbie Stabenow (S), Congress,2022280325,2022280325
Congress,Dianne Feinstein (S),Congress,2022283954,2022283954
Congress,Edward Kennedy (S),Congress,2022242417,2022242417
Congress,Elizabeth Dole (S),Congress,2022241100,2022241100
Congress,Frank Lautenberg (S),Congress,2022284054,2022284054
Congress,GeorgeVoinovich (S),Congress,6144697733,6144697733
Congress,Gordon H. Smith (S),Congress,2022283997,2022283997
Congress,Harry Reid (S),Congress,2022247327,2022247327
Congress,Herbert Kohl (S),Congress,2022249787,2022249787
Congress,Hillary Clinton (S),Congress,2022280282,2022280282
Congress,James Inhofe (S),Congress,2022280380,2022280380
Congress,Jeff Bingaman (S),Congress,2022242852,2022242852
Congress,Jeff Sessions (S),Congress,2022243149,2022243149
Congress,Jim Bunning (S),Congress,2022281373,2022281373
Congress,Jim Demint(S),Congress,2022285143,2022285143
Congress,John Cornyn (S),Congress,2022282856,2022282856
Congress,John E. Sununu (S),Congress,2022284131,2022284131
Congress,John Ensign (S),Congress,2022282193,2022282193
Congress,John F. Reed (S),Congress,2022244680,2022244680
Congress,John Forbes Kerry (S),Congress,2022248525,2022248525
Congress,John McCain (S),Congress,2022282862,2022282862
Congress,John R. Thune(S),Congress,2022285429,2022285429
Congress,John Warner (S),Congress,2022246295,2022246295
Congress,Johnny Isakson (S),Congress,2022280724,2022280724
Congress,Jon Kyl (S),Congress,2022242207,2022242207
Congress,Joseph Biden (S),Congress,2022240139,2022240139
Congress,Joseph Lieberman (S),Congress,2022249750,2022249750
Congress,Judd Gregg (S),Congress,2022244952,2022244952
Congress,Kay Hutchison (S),Congress,2022240776,2022240776
Congress,Ken Salazar (S),Congress,2022285036,2022285036
Congress,Kent Conrad (S),Congress,2022247776,2022247776
Congress,Lamar Alexander(S),Congress,2022283398,2022283398
Congress,Larry E. Craig (S),Congress,2022281067,2022281067
Congress,Lisa Murkowski (S),Congress,2022245301,2022245301
Congress,Maria Cantwell (S),Congress,2022280514,2022280514
Congress,Mark Pryor (S),Congress,2022280908,2022280908
Congress,Mary Landrieu (S),Congress,2022249735,2022249735
Congress,Mel Martinez (S),Congress,2022885171,2022885171
Congress,Michael D. Crapo (S),Congress,2022281375,2022281375
Congress,Michael Enzi (S),Congress,2022280359,2022280359
Congress,Mitch McConnell(S),Congress,2022242499,2022242499
Congress,Norm Coleman (S),Congress,2022241152,2022241152
Congress,Olympia Snowe (S),Congress,2022241946,2022241946
Congress,Orrin Hatch (S),Congress,2022246331,2022246331
Congress,Pat Roberts (S),Congress,2022243514,2022243514
Congress,Patrick Leahy (S),Congress,2022243479,2022243479
Congress,Patty Murray (S),Congress,2022240238,2022240238
Congress,Pete Domenici (S),Congress,2022280900,2022280900
Congress,Richard Durbin (S),Congress,2022280400,2022280400
Congress,Richard Lugar (S),Congress,2022280360,2022280360
Congress,Richard Shelby (S),Congress,2022243416,2022243416
Congress,Robert Bennett (S),Congress,2022241168,2022241168
Congress,Robert Byrd (S),Congress,2022280002,2022280002
Congress,Ron Wyden (S),Congress,2022282717,2022282717
Congress,Russ Feingold (S),Congress,2022242725,2022242725
Congress,Sam Brownback (S),Congress,2022281265,2022281265
Congress,Saxby Chambliss (S),Congress,2022240103,2022240103
Congress,Susan M. Collins (S),Congress,2022242693,2022242693
Congress,Ted Stevens (S),Congress,2022242354,2022242354
Congress,Thomas R. Carper (S),Congress,2022282190,2022282190
Congress,Tim P. Johnson(S),Congress,2022285765,2022285765
Congress,Tom Harkin (S),Congress,2022249369,2022249369
Congress,Wayne Allard (S),Congress,2022246471,2022246471

Fax List For All Congress

You can get a list of fax numbers for all congressional representatives in MetroFax Compatible Fax List For All Congress.

Fax Now!
Call Now!


In addition to the new campaign, please follow up by thanking or chastising your House Representative as explained in The Bailout Failed: What's Next?

Thanks.
Your help is appreciated.
We did it once, we can do it again!

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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