TAKE ACTION TODAY

On June 18th, Representatives Maxine Waters (D-CA) and Spencer Bachus (R-AL) re-introduced the Stop VULTURE Funds Act (HR 2932).  Call your US Representative today and ask him or her to co-sponsor the bill!

The Stop VULTURE Funds Act would prevent Vulture Funds from using US courts to collect more than 6% interest above the amount they paid to purchase the debt.  It also would require vulture funds to operate in a more transparent and fair manner.

MAKE THE CALL

Dial 202-224-3121 & ask to be connected with your Representative’s office.  Don’t know who your Representative is?  Visit www.house.gov and enter your zip code in the box in the upper left corner of the page.

You: Hello, what is the name of the staff person who handles international financial issues?  Could I speak to him/her please?

[you will be connected to the staff person, or more likely, with his/her voicemail]

You: My name is xxxx and I’m from (name your city & state).  I’m calling to ask Representative xx to co-sponsor the Stop VULTURE Funds Act (HR 2932).  This bill would prevent vulture funds from using US courts to profiteer on poor country debt and would require them to operate in a more transparent manner.  To co-sponsor the bill and for more information, please contact Kathleen Sengstock in Representative  Maxine Waters office.

Please email the results of your call to mimi@jubileeusa.org.  If possible, leave your phone number for the staffer and keep following up until they let you know whether or not the Representative will co-sponsor the bill.