I, the undersigned, oppose a government (a.k.a. taxpayer funded) bailout of the financial and automotive industries.
A bailout would:
1. Tax the struggling private sector.
2. Reward irresponsibility and decades of bad planning.
3. Penalize innovators by taking private capital away from new ideas that could give rise to fresh economic opportunities.
4. Serve special interests.
5. Be a “quick fix” – ultimately less effective than filing for bankruptcy, which would force these companies to focus, reorganize, and innovate.
6. Bankrupt taxpayers instead.
7. Precipitate a dangerous reliance on government for bailouts, handouts, and protection from customer-driven change.
Change is not merely a political notion. It is an economic necessity. By bailing out industry, our government sends a signal: We fear change. We cannot cope. We can’t adapt.
America – Land of the Free – can and will roll with the punches. We have the courage to acknowledge our failures and learn from them. We seek adventure, entering new markets engineered by strong minds.
May we forever be the Home of the Brave, not the bailout.
Signed:
A bailout would:
1. Tax the struggling private sector.
2. Reward irresponsibility and decades of bad planning.
3. Penalize innovators by taking private capital away from new ideas that could give rise to fresh economic opportunities.
4. Serve special interests.
5. Be a “quick fix” – ultimately less effective than filing for bankruptcy, which would force these companies to focus, reorganize, and innovate.
6. Bankrupt taxpayers instead.
7. Precipitate a dangerous reliance on government for bailouts, handouts, and protection from customer-driven change.
Change is not merely a political notion. It is an economic necessity. By bailing out industry, our government sends a signal: We fear change. We cannot cope. We can’t adapt.
America – Land of the Free – can and will roll with the punches. We have the courage to acknowledge our failures and learn from them. We seek adventure, entering new markets engineered by strong minds.
May we forever be the Home of the Brave, not the bailout.
Signed:
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http://www.usa.gov/Contact/Elected.shtml
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Each letter received is considered representative of 100 voices.
Thank you for your grassroots commitment to the country! Let’s stay connected. Sincerely, Ruth
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