Application for Bailout Funds Now Available Online – Go Get Some!

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The Treasury Department is all about efficiency these days. The original bailout plan that Secretary Paulson proposed, which has been quietly dumped, was just three pages. I guess it’s no surprise, then, that the application to get some sweet, sweet bailout bucks from the TARP Capital Purchase Program is just two pages. No joke, Taxpayers for Common Sense actually got a hold of the thing. If you’re interested in landing a spare billion, give it a shot. It won’t take you more than five minutes.

Wasn’t one factor in the housing crisis the fact that lenders gave home loans to people without checking credit and obtaining documentation of assets, salary, and other signs of financial health? And yet you get piles of cash from the Treasury with less paperwork than what goes into car loans, student loans, and most credit cards?

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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