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Frequently Asked Questions

Question: What if I own a home, but I oppose the bailout? Can I sign the petition too?

Answer: YES! Responsible homeowners are getting stuck with the bailout bill, too.

Question: Will our petitions be delivered to Congress?

Answer: YES! We took the first batch to Capitol Hill on April 24th--- photos coming soon! This is more than just an internet petition-- we are making our voices heard!

Question: Who is FreedomWorks?

Answer: We are a grassroots advocacy organization founded in 1984 to fight for lower taxes, less government, and more freedom. We are non-profit and non-partisan, we are headquartered in Washington, DC, and we have members in all 50 states.

Question: How much could this bailout cost taxpayers?

Answer: According to the latest estimates, if Congress votes on picking up the tab for every homeowner who took out these loans, it could cost taxpayers upwards of $120 billion dollars ($120,000,000,000).

That’s more than the GDP of Lithuania!

Here's the CNN source for $120 billion figure

Question: Where can I learn more about this issue?

Answer:Here are some more media stories and research links:

Inside the Liar's Loan Slate April 24, 2008

Our Subprime Federal Reserve CATO

An Overview of the GSEs

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