Be carful, Warren Buffett is freind of bernake and paulson.

Buffet like many other rich investors will take advantage of our govt bailout to make a great profits in the years ahead from this bailout. The taxpayers will see squat, while they get rich off of us as usual.

We need an alternative to the $700 billion financial sector bailout. The problem they are trying to fix is a lack of liquidity in the credit market. Why aren’t they addressing that directly instead of trying to bailout failing institutions in the hope that the credit will begin to flow again? Let’s get at least one other alternative on the table. Please email your representatives in the Congress the following:

Dear Congressman,

Please vote against the $700 billion bailout for the financial sector.

Instead of rewarding irresponsible financial companies with a bailout, please consider creating an emergency credit fund that can be used to provide loans to those businesses that need credit. The money goes directly to the businesses that need funding, the tax payers have a chance to get a return on the investment, and the portions of the economy that are still in reasonably good shape are stablized.

The financial sector needs to clean house and reorganize. This can’t happen with the government propping up a failed system. Let the free market decide.

Thank you,

(Your Name)

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