Adler Seeks Public Input On Financial Crisis

For Immediate Release:

October 2, 2008

Contact:

Mark Warren, 856.222.9707

ADLER SEEKS PUBLIC INPUT ON FINANCIAL CRISIS

Says Main Street America Should Have Seat at the Table as Washington Weighs Response to Emergency

Seeks Protections for Average Taxpayers  

Mt. Laurel, NJ – Calling the financial crisis America's top priority, Democratic congressional candidate John Adler will hold his second town hall meeting in a week tonight to determine how the crisis is affecting average Americans and to solicit their ideas on reforming the economy. While Washington is focused on a financial rescue of the nation's giant financial institutions, Adler wants to make sure that the impact on everyday Americans and their families is not being overlooked.

"The unprecedented events on Wall Street are having very serious consequences on every taxpayer in this district and across the nation, " Adler said. "While the immediate impact has been severe, the long-term fallout is potentially devastating to our citizens' financial futures unless we act quickly – and with the safeguards necessary to protect the taxpayers."

Adler said the most responsible way to resolve the crisis is to solicit the ideas of citizens, the small business community, academics and others. "As someone who is asking residents in the Third District to send me to Congress, I want them to tell me how some of the economic questions now on the table would affect them and their families. I want the input of real people – not the Wall Street barons and federal bureaucrats responsible for this mess."

In addition to taking questions from the audience, Adler will pose a series of questions to those in attendance. He will solicit their views on questions such as whether the emergency financial plan being debated in Congress gives away too much to financial institutions; whether the excessive pay severance packages awarded to the CEOs of those institutions should be curbed or banned; whether there are enough safeguards to protect average taxpayers; and whether there should be a moratorium on home foreclosures.

"The public, which has the most to lose in this economic emergency, deserves a seat at the table as we work our way out of it, " Adler said. "I am committed to giving them that voice. This is not a hypothetical election-year exercise. The economic meltdown is a real-life crisis being played out right in the middle of this campaign, and we must deal with it in an expeditious, responsible way."

The public forums illustrate the pro-active approach that Adler will take on issues facing the people of the Third District and the nation if elected to Congress.

Tonight’s forum will take place at Legacy Oaks Clubhouse, 2 Lowell Drive, Marlton, NJ from 7pm to 8pm.