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Global Petition: Buy In, Not Bail Out

 
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Mark
Site Admin


Joined: 13 Nov 2007
Posts: 1052



PostPosted: Fri Oct 10, 2008 4:17 am    Post subject: Global Petition: Buy In, Not Bail Out Reply with quote

This one is worth signing on the off chance that one or more of the G-7 finance ministers might actually listen.

http://www.avaaz.org/en/global_public_rescue/?cl=135958601&v=2269

Avaaz.org description:

A financial meltdown is threatening economies around the world. We need to move fast and fix the underlying problems -- instead of copying the US bailouts, which benefit reckless financiers most.

Economists and citizens everywhere are raising their voices for a better way: a coordinated global rescue package -- investing in a better future, beginning with public buy-ins not bailouts (that's getting public stakes in the banks for our money, and the power to fix the wider system). We’ll deliver our call for a global public rescue at the end of this week to G7 finance ministers, and again to a bigger Global Summit planned for November -- please sign the petition below now:

Actual petition wording:

To world leaders: As citizens, we call for a global public "buy-in" to tackle the financial meltdown, instead of a "bailout" of reckless bankers. We urge you to agree on a bold public rescue package without further delay - taking stakes in the banks, fixing failings, and mobilising public investment to benefit the many not the few.

Please make sure this is posted everywhere possible. Thanks!


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kim s
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Joined: 26 Apr 2008
Posts: 15


Location: Planet Earth

PostPosted: Fri Oct 10, 2008 7:16 am    Post subject: many thanks Reply with quote

Mark, this is brilliant!  I believe in the power of the people, whether in the flesh or cyber and the potential of this petition to speak out to world leaders is outstanding!  I've signed and forwarded it on.  I can only hope that those who receive it will do so also.
Thanks ever so much Mark for providing the link to say no to further bailouts for the crooks!  Evil or Very Mad



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