This Friday
Senate Bill 3217,
also known as the Restoring American Financial Stability Act of
2010, introduced by Democrat Senator Chris Dodd of Connecticut, is
scheduled to hit the floor of the US Senate where it must wait 72 hours
before it comes up for a full vote.
CLICK HERE to read the actual 1,421 page bill.
The vast majority of Tea Party Patriots' Local Coordinators from
all over the country agreed on our most recent weekly conference call
that this is a bad bill and we oppose it.
In short it grants permanent,
unlimited bailout authority to the Federal Reserve.
It's like TARP forever
without the nasty, unpopular debates and votes in Congress. Beyond
that it gives the Fed the power to
takeover vaguely defined "nonbank financial companies".
And the Fed has the power to decide what constitutes a "nonbank
financial company" on a case by case basis.
Here are some links to a few articles that give a bit more insight
into this very, very bad piece of
legislation which must be stopped:
So, what
are we asking you to do?
Four things:
1.) Please contact your own Senators first and voice your
opposition to this bill. If possible,
physically
go in person to the local home offices of your two
Senators and speak to someone there who will take note of your opinion
and pass it on. If you're not able to go in person, please call, email,
and fax the offices of both Senators
from your state. (
Find Your Senators by State on the Senate Website)
2.) Call, email, and fax these 8
Republican Senators who are not yet 100% opposed to this bill:
Bob Bennett
of Utah (202) 224-5444
http://bennett.senate.gov/public/
Susan
Collins of Maine (202) 224-2523
http://collins.senate.gov/public/
Christopher
Bond of Missouri (202) 224-5721
http://bond.senate.gov/public/
Saxby
Chambliss of Georgia (202) 224-3521
http://chambliss.senate.gov/public/index.cfm
Bob
Corker of Tennessee (202) 224-3344
http://corker.senate.gov/public/
John
McCain of Arizona (202) 224-2235
http://mccain.senate.gov/public/
Olympia
Snowe of Maine (202) 224-5344
http://snowe.senate.gov/public/
Scott
Brown of Massachusetts (202) 224-4543
http://scottbrown.senate.gov/public/
3.) Write Letters
about this issue to your local paper for publication on or before
Sunday. Also leave comments
on as many news blogs and websites
related to this subject as you can find.
4.) Forward this message
to as many people as you can and ask them to take these same 4 steps as
soon as possible. Use the full power of your circle of influence to
move others (at least 1 more person) to take action.
Once again it's up to us, you and your fellow Tea Party Patriots,
to defend America from out of control government.
Thank you
for performing this valuable service for your country!
