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The bailout happened. What now?

There’s a lot of finger-pointing around Washington about who’s to blame – for both the conditions that necessitated a rescue package and for allowing one of the largest-ever government intrusions into the private sector to become law.

Today, the National Taxpayers Union and the Competitive Enterprise Institute launched BeyondBailouts.org to answer three main questions: How did this happen? What do we do now? How can I get involved? BeyondBailouts.org seeks to move past the blame game by learning from what went wrong, enacting policies to address those mistakes, and enabling taxpayers to get involved and take control of their hard-earned dollars. Among the reform recommendations:

• Privatize Fannie Mae and Freddie Mac;
• Prosecute Corrupt Officials;
• Suspend Destructive Accounting Rules;
• Repeal the Community Investment Act; and
• Clean Up the Tax Code

As part of the site, NTU and CEI have launched a new “No More Bailouts” petition to provide taxpayers the ability to contact their representatives in Congress and the President with their thoughts on bailout-mania. Visit BeyondBailouts.org and get involved today!