Senator Reid filed for cloture today of Senate Bill 3217, also known as the Restoring American Financial Stability Act of 2010, introduced by Democrat Senator Chris Dodd of Connecticut. There is a 72 hour window from the time cloture is filed until the time cloture on a bill may be voted. Cloture must receive 60 votes to keep the bill moving in the Senate for amendments and for the final vote on the bill. If cloture fails, the bill is stalled if and until the Senate can produce 60 votes in favor of cloture. CLICK HERE to read the actual 1,421 page bill.
We have received many emails this week telling us how you have been making the calls and sending the emails. Thank you for that!We also have had quite a few people email about their disappointment and frustration with a Congress that is not listening to the will of the people yet again. The emails express fatigue on the part of Tea Party Patriots supporters because the fight continues and continues without a light at the end of the tunnel.
We are hearing your concerns. We are as tired and as frustrated as you. Everyone of us around the country appreciates each of you who are making the calls, sending the faxes and emails despite your weariness and frustration. You are doing the important work of preserving liberty for future generations.
One thing that may be helpful to each of you who are tired is to try this suggestion for activism over the next few days. On Friday and on Monday, keep making the calls and keep the pressure up. Be unrelenting. Over the weekend on Saturday and Sunday, take a break from politics, news, and technology. Enjoy a breath of fresh spring air. Spend time with your family and friends and do your best to keep the conversation away from politics. We each hit a wall occasionally and it is more than acceptable to step away from news and politics for a short breather. Try to stay away from your email, facebook, and other normal online communications. Try shutting your computer completely off (if you normally do not do this) so that you do not hear the whirl of the fans in the computers. Chances are taking this short break, will refresh all of us. We will come back on Monday with renewed energy. Many of us will come back with lots of new ideas.
So, join us again Friday as we keep the pressure up for no votes on Cloture. Over the weekend, rest, relax, and rejuvenate. On Monday, we will be back in full swing, remind the politicians they represent us, We the People.
Why Tea Party Patriots is Opposing the Bill and Who to Call
The vast majority of Tea Party Patriots' Local Coordinators from all over the country agreed on our most recent weekly conference call that this is a bad bill and we oppose it.
In short it grants permanent, unlimited bailout authority to the Federal Reserve. It's like TARP forever without the nasty, unpopular debates and votes in Congress. Beyond that it gives the Fed the power to takeover vaguely defined "nonbank financial companies". And the Fed has the power to decide what constitutes a "nonbank financial company" on a case by case basis.
Here are some links to a few articles that give a bit more insight into this very, very bad piece of legislation which must be stopped:
1.) Contact your own Senators first and voice your opposition to this bill. If possible, physically go in person to the local home offices of your two Senators and speak to someone there who will take note of your opinion and pass it on. If you're not able to go in person, you can call, email, and fax the offices of both Senators from your state. (Find Your Senators by State on the Senate Website)
2.) Call, email, and fax these 8 Republican Senators who are not yet 100% opposed to this bill:
3.) Write Letters about this issue to your local paper for publication on or before Sunday. Also leave comments on as many news blogs and websites related to this subject as you can find.
4.) Forward this message to as many people as you can and ask them to take these same 4 steps as soon as possible. Use the full power of your circle of influence to move others (at least 1 more person) to take action.
Once again it's up to us, you and your fellow Tea Party Patriots, to defend America from out of control government.
Thank you for performing this valuable service for your country!