OffsetX.com, a network of social action and entertainment Web sites, has created Offsetthebailout.com, a social network that allows users to “offset” the government’s $700 billion bailout. Frustrated consumers who wish to voice their opinions and be heard can join the network and contribute unlimited content including videos, pictures, rants and news links. The site also provides “Offset Actions” in which users can email congress people, for example, as well as invite friends into the network via email using the “invite friends” button.

OffsetX.com provides an engaging forum for users to express opinions, take action to counteract offsetting views, create their own Offset communities and otherwise effect change. Unlike traditional social networking sites, OffsetX Web sites feature daily news feeds, virtually immediate updates from fellow members regarding opinions, activities and Offset actions, results tallied and posted for daily featured Offsets and user polls, etc.

Earlier this month, the company launched the Offset Obama and Offset McCain Networks, which enable supporters of Senators Barack Obama and John McCain to “offset” the actions and support provided by enthusiasts of opposing political camps through actions of their own.