Diary

You Can Markup the Bills on the Mortgage Industry Bail Out

(Crossposted from the Sunlight Foundation)

Congress is moving rapidly to enact a gigantic taxpayer bailout of the financial sector, with a potential cost of $700 billion or more than $2,000 per American citizen. We believe, as Justice Brandeis said, that “Sunlight is the best of disinfectants,” and that all legislation ought to be open to public comment and consideration in real-time, not just after the fact.

So, as a public service, Sunlight is posting the proposals that are receiving the most attention by Congress and the Administration – and by you, the people. We invite you to review the bills and share your feedback. Just as you helped us write our model transparency bill you can share your knowledge online and show Congress what you really want to see in this vital legislation.

As we ponder the significance of the Internet this One Web Day, what better way to show how we can use this awesome medium for positive change by ending secret legislation in Washington?

(Disclosure- I am the online organizer and outreach coordinator for the Sunlight Foundation)