Tuesday, September 23, 2008

Write your Rep! Tell them no Bailout for wallstreet fat cats!

Dear Senator Snowe (your senator here),
I am writing this short message in order to ask that you please vote no on any financial bailout package. The Wall Street Banks and other institutions involved have made bad bets, doubled down, and lost again. When I make a poor investment choice the government does not swoop in and change the rules just for me. We need to reattach risk and reward, and rewarding the banks for making bad loans and betting huge, at 30 to 1 margin, is no way to send that message. Lets stop privatizing gains and socializing losses. I am an active investor and I have never seen this kind of government intervention end well.

Thank you for your time, (Your Name Here)

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