No More Bailouts
The National Taxpayers Union has a convenient petition for taxpayers to tell their representatives on Capital Hill, “Enough is enough! No More Bailouts!” NTU explains:
“America's economic success is largely due to our free-market system, in which risk is a fundamental element. Some businesses succeed tremendously, some fail spectacularly. But they should do so on their own, not with the backing of millions of reluctant citizens' paychecks.
“Bailouts that keep mismanaged organizations afloat delay natural corrections to unsound business practices. In the long run, bailouts do not "rescue" anyone because they stall the adoption of necessary reforms that would prevent future repeats of bad choices.
“Enough is enough. No more bailouts.”
Sign the petition, and NTU will forward the petition to Arlington County’s decision-makers on Capital Hill -- Senators Webb and Warner and Congressman Moran. Demand an end to the public bailouts of government-sponsored enterprises and private institutions.