Murray and Cantwell Are AGAINST the Bailout!
I was poking around their websites looking for some indication on how they will vote and I found news releases on both sites indicating that they are against the bailout!
Here's a snippet from Cantwell's statement:
And here's a snippet from Murray's statement:
Call them up and voice your support! Tell them they need to stand by their statements!
Here's a snippet from Cantwell's statement:
Maria Cantwell wrote:Any financial recovery package that Congress enacts must put transparency and tough rules in place to make sure consumers are protected,"said Cantwell. "While the financial markets need emergency surgery today their long-term health is dependent on prevention. We need to establish a robust regulatory regime capable of overseeing today's complex global marketplace. We also need to determine what went wrong, hold bad actors accountable and apply the lessons learned to prevent future financial market meltdowns.
And here's a snippet from Murray's statement:
Patty Murray wrote:"Our first priority must be to keep the tidal wave of this crisis from flooding the lives of innocent Americans.
"Any plan must include real oversight by Congress – we can't just sign a blank check over to a Treasury Secretary without conditions and we won't stand for golden parachutes for the bad actors whose misdeeds led us here today.
"The American people are angry about this situation. And so am I. We need to quickly contain the serious financial situation we face today and help struggling American families, but we need to do it in a responsible way. And it is time to begin work on reforms to ensure Americans are never again left holding the bag for Wall Street's mistakes."
Call them up and voice your support! Tell them they need to stand by their statements!
Comments
I wrote two great letters to both in support of the bailout. Really weeping small business owner type letter.
Got 6 employees to write them as well, should be interesting.
I would, as I've stated before, support a short-term program of the government loaning directly to established small businesses like yours, but that's a completely different matter than this bailout.
What would stimulate in my opinion the job growth in this economy is the reduction on corporations for payroll taxes, LNI, and various gimmicky taxes that are placed on businesses. I have to pay $132 on top of every $1000 that I payroll out to employees. If that money was going to the employee or even to me instead of federal system, it seems that would be a great stimulus for the economy, and would actually allow for more hiring.
MAYBE THE BILL WILL FAIL THE SENATE!!!
What time does the voting begin?
Thanks guys.
http://www.c-span.org/Watch/C-SPAN2_wm.aspx
I never said I would buy a mansion. I just said I would be able to.
BREAKING NEWS: Senate approves revised bailout package
Murray voted YES
I don't know. You can't just get rid of tax revenue; we use that to pay for services. All you can do is shift it. If we cut business taxes, then we either add taxes on individuals, property, or transactions. It's really as simple as that. So, you cut business taxes and move them to people. That might stimulate job growth, but it won't stimulate consumer spending.
Besides, does anyone really believe that the #1 problem with our economy is job growth? Yeah, we've seen unemployment rise, but it's only hovering around 6%. By any historical standard not based on 1994-present, 6% is ridiculously low unemployment.
Yeah after the vote failed and pushed them into action. When the no's were motivated and thought they were losing they originated more than 99% of the calls/messages to their reps. After the vote when the ayes were motivated to contact their rep they could only manage to match the volume of calls of the no's who had little reason to call since they had already won. Many Senators made speeches to the effect that their constituents were angry and overwhelmingly against the bailout but they had to make the heroic choice to vote for it.