The Pre-Plan

Obama's speech in Florida today included the following, which sounds like as good a place as any to use as a starting place for your FAX to your congresscritters.
Just tell them no bailout without the following, and then cut and paste.
 Free internet FAX here.
Find your congresscritter here.

Obama's speech included six specific stipulations for any bailout that happens.
1.) No blank check: Americans are going to be on the hook for almost $1,000,000,000,000. It's taxation without representation to just write blank checks without being accountable to taxpayers.
2.) Taxpayer money should not be paid to reward CEOs. Period.
3.) Taxpayers are incurring a great amount of cost and risk. The investments should be protected, and they should be able to eventually recoup the losses.
4.) THERE MUST BE A PLAN TO HELP HOMEOWNERS STAY IN THEIR HOME.
5.) Obama pointed out that this is a global crisis, and that other nations need to step in to help secure the financial market.
6.) REGULATE. REGULATE. REGULATE.
I must say, I'm exceptionally relieved that Obama came out pretty strongly with these qualifications for a bailout. Some of them were pretty well-discussed before, like nothing for CEOs, additional regulation, and help for homeowners. But a couple, notably that other countries need to step up to the plate, are new, and fairly novel, and I think absolutely spot-on. The financial market is a global economy now, and so we can't be the only ones taking responsibility for it.