Tea Party Patriots Ordinary citizens reclaiming America's founding principles.

Wednesday, April 21, 2010

Senate Trying to Ram Through Another Bad Bill . . . Surprised?

Dear Fellow Tea Party Patriots,

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:

How To Create Bailouts Forever

Hidden Danger in Dodd Financial "Reform" Bill

Dodd Bill Creates Permanent TARP and You Can Quote That

Connecting the Dots: Does Wall St. Want Dodd Bill?

Obama: Read My Lips, No More Bailouts (But Let's Keep $50 Billion Around Just in Case)

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

Susan Collins of Maine (202) 224-2523

Christopher Bond of Missouri (202) 224-5721

Saxby Chambliss of Georgia (202) 224-3521

Bob Corker of Tennessee (202) 224-3344

John McCain of Arizona (202) 224-2235

Olympia Snowe of Maine (202) 224-5344

Scott Brown of Massachusetts (202) 224-4543

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.

1 comment:

  1. The Democrats need to be stopped. Very few people realized this was what they were voting for in 2008. A good start would be to repeal their signature legislation - Obamacare.

    The states created the federal government when they adopted the US Constitution. The Founding Fathers knew a centralized federal government might overreach, so they wrote into the US Constitution the ability to amend it without consent from the federal government (see Article V). Since, the US Constitution is the supreme law of the land, the states could repeal Obamacare through a Constitutional amendment (in non-legalese: AMENDMENT 28 – Obamacare is repealed). If we make this an issue in state level elections in November and turn enough states pro-repeal, we could repeal Obamacare by next summer! More details at www.constitutionalrepeal.com. Spread the word. It would be a beautiful moment for the Tea Party movement to see Obamacare repealed in the ultimate expression of Federalism – a state-led and enacted repeal of Obamacare – A Constitutional SMACKDOWN!


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