Dear Senator Collins

Message just e-mailed to Senator Susan Collins (R-ME):

Please vote AGAINST the bailout bill to be voted on by the Senate this evening. The TARP will add to the mountain of debt being prepared for our kids and grandkids. It will protect entities that deserve to fail. It will saddle the taxpayer with assets that cannot be valued and may be essentially worthless. It will accelerate the process by which the national debt will be monetized, penalizing savers and crushing folks on fixed incomes. The debt needs to be destroyed instead.

Purveyors of panic insist that a bill is necessary to avoid financial armageddon. For the average American, the worst thing that will happen with no TARP is that he will lose his credit card. The other bad outcomes--loss of jobs, mortgage defaults--are baked in already. The bill cannot stop these.

A vote FOR the bill condones a radical power grab by the moneyed elite and condemns the middle class to indentured servitude for generations to come.