| The Wall Street Bailout Resource Page | | Print | |
|
Dear Oregonian, As you know, at every opportunity I have voted against the bailout. I voted against giving President Bush $700 billion to bail out Wall Street, and I voted against giving President Obama the second installment, worth $350 billion, to continue the bailout of Wall Street. I did this because I believe the bailout failed to address the underlying problems with the economy. The U.S. economy lost nearly 2.6 million jobs since December 2007. Instead, the bailout has put the taxpayer at risk. I voted against this flawed approach to restoring our economy and will continue to push for a more rational and effective stimulus plan. In order to better inform Oregonians, I've added this "bailout" resource to my webpage about the ongoing issues relating to the bailout. I will regularly update this page with links to relevant news articles, reports, congressional testimony and other resources that I hope you find useful in participating in this important debate.
Sincerely, 
Peter DeFazio
. News Articles: Geithner, Member and Overseer of Finance Club New York Times; April 27th, 2009 .
Resources: Text of the original Paulson Proposal on the Bailout EMERGENCY ECONOMIC STABILIZATION ACT OF 2008 The Let Wall Street Pay for Wall Street's Bailout Act of 2009 Introduced by Rep. DeFazio No BAILOUTS Act of 2008 Introduced by Rep. DeFazio .
Video: DeFazio speaks on the Wall Street bailout. 10/02/2008 DeFazio on TARP and need for transfer tax Reps DeFazio and Kaptur on Lou Dobbs speaking about the No BAILOUTS Act
|
