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Chambers at the Forefront

Chambers Speak Up about the Financial Rescue Proposal

ACCE Webmaster on Wednesday, October 1, 2008 at 10:10:33 pm

Across the country chambers are voicing their opinion about the proposed financial rescue plan currently stuck in congress.  Most statements I have read urge Congress to forgo partisanship and work swiftly to pass a bill that will restore stability to our financial markets.  Here are links to and excerpts from a few position statements:

Arizona Chamber of Commerce and Industry - "We call on Congress and the President to work in a swift, bipartisan fashion to pass an economic rescue package that will jump start our financial markets while protecting taxpayers. This is not about bailing out Wall Street. This is about preserving the financial future of every American and Arizonan."

Los Angeles Area Chamber of Commerce -  "For most businesses in Los Angeles, the conversation in Washington, D.C. is not about bailing out Wall Street. It is about how to maintain the flow of credit from financial institutions that is essential to day-to-day operations and the jobs associated with every private sector business in America."

Corona (CA) Chamber of Commerce - "Make no mistake: when the aftermath of Congressional inaction becomes clear, Americans will not tolerate those who stood by and let the calamity happen. If, on the other hand, Congress supports a plan to successfully restore the financial system and preserve the flow of credit to the economy, the American people will recognize that act of courage."

The US Chamber is also urging immediate action to stabilize financial markets and "stem the financial panic."  Click HERE to read their letter to the Senate sent today.

Your representatives need to know what you think about the economic rescue package.  Make sure the voice of business in your community is heard in Washington.

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