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Thanks to a link from siegstate I was able to sent faxes to my former representatives in California denouncing Paulson's power grab, noting that what he was proposing wouldn't work because it didn't recognize the losses in value of the underlying assets and pointing out that our foreign creditors were not going to be fooled by such a scam.  Got through to everyone I tried except Pelosi.  Also sent a fax to Harry Reid.  A fax at least will give them a piece of paper to deal with.  Do ye therefore likewise.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 22nd, 2008 at 02:30:35 PM EST
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But it's a panic mode of "we need to do something !! This is something, let's do it"

Given the panic going on do you think there's a chance they'll risk the electoral unpopularity that might come from being seen as against delivering a "solution" ? The fact that it won't work and might even make things worse is irrelevant, this is politics.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Sep 22nd, 2008 at 03:59:56 PM EST
[ Parent ]
There have been bipartisan reports of a voter reaction that is "furious" about Paulson's proposal.  Perhaps they will ignore my faxes and e-mails, perhaps they have some effect in combination with others.  I have to act as though they do.  That could be why the Bush Administration has agreed to oversight and to allowing bankruptcy judges to write down mortgages, etc.  I am going to keep at it, hoping that it at least will help. I don't really see any harm.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 22nd, 2008 at 05:45:12 PM EST
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