Sign the petition against corporate socialism

Sen. Bernie Sanders (I-Vt.) has a petition he'd like you to sign. It castigates Treasury Secretary Henry Paulson -- who surely deserves to be castigated -- for his proposal to give him a blank check up to $700 billion -- that's SEVEN HUNDRED BILLION DOLLARS -- to bail out his CEO cronies on Wall Street.

Here's an excerpt:

Dear Secretary Paulson:

As a representative of the Bush Administration, you have proposed a financial bailout program of $700 billion – over $2,000 for every man, woman, and child in the country. We are appalled that your proposal puts the cost of this bailout on average Americans; that it contains no provisions reversing failed deregulatory policies; that it allows executives at these failed institutions to continue to make exorbitant salaries and bonuses, and that your proposal contains no help for average Americans who themselves are facing severe economic hardships.

While the Administration has quickly rallied to help Wall Street, it has ignored the needs of the declining middle class. Since President Bush has been in office the wealthiest people in this country have made out like bandits and have not had it so good since the 1920s. The top one-tenth of one percent now earn more income than the bottom 50 percent of Americans and the top one percent own more wealth than the bottom 90 percent. Incredibly, the richest 400 people in our country saw their wealth increase by $670 billion during the Bush presidency.

Having mismanaged the economy for 8 years while continually insisting that, “The fundamentals of our economy are strong,” the Bush Administration, six weeks before an election, wants the middle class of this country to bail out Wall Street to the tune of one trillion dollars. Meanwhile the wealthiest people, those who have benefited most from Bush’s policies and are in the best position to pay, are being asked for no sacrifice at all. This is absurd.

The petition goes on to recommend a sensible response that protects the middle class and appropriately penalizes the white-collar criminal millionaires responsible for this mess.

So, what are you waiting for? Go sign the thing!