Welcome to Repeal the Bailout, an online resource for intellectual activism on the US Government's dangerous and immoral "financial bailout" policies. Inspired by outrage at Congressional passage of the 850 billion dollar Bush/Paulson "financial bailout bill" on October 3, 2008, Repeal the Bailout uncompromisingly opposes such legislation, and advocates the repeal of any that may still be in effect.
Current News
- 2/24/2009: "The Santelli Tea Party"
In some encouraging news for a change: an apparently spontaneous on-air rant last week on by CNBC Analyst Rick Santelli appears to have started to help galvanize a popular backlash against the administration's new "mortgage bailout" plan. Watch the video that everyone is now talking about:
Santelli's Tea Party - Rick Santelli on CNBC "Squawk Box," Feb. 19, 2009 (video).
Rick's Revolution - Rick Santelli on CNBC's The Kudlow Report, Feb. 23, 2009 (video). Kudlow also takes White House Press Secretary Robert Gibbs for attacking Rick Santelli in a press conference. (Hat tip to Ed Thompson.)
More recent video appearances by Rick Santelli can be found on his CNBC Profile Page.
Resources
Ethics Primer
How and why financial "bailout" policies are morally repugnant to a free society.
Economics Primer
How and why "bailout" policies are economically unsound, and will lead, not to an economic recovery, but to a severe depression.
Intellectual Activism
How to make the case for economic freedom and personal responsibility in the media, and in the culture in general.
Political Activism
How to make the case to government officials to abandon and repeal taxpayer funded bailout policies.
News
Recent news about the Bailouts -- and their results.
Frequently Asked Questions