Goodbye Universal Health Care, Energy Investments, Infrastructure Spending...
by: David Sirota
Sun Sep 28, 2008 at 22:00
Food for thought: $700 billion is about 5 percent of our entire economy. It is roughly enough to create a universal health care system for the next 5 to 10 years. It is also enough to fund the energy and infrastructure investments most economists say we need to build our economy in the 21st century. Handing that $700 billion over to Wall Street and putting it on the national credit card will make it almost impossible to finance these priorities.
Put another way, lawmakers who vote for this $700 billion bailout are potentially casting a vote to decapitate the progressive movement and the major tenets of its agenda - at least for the next generation.
Update on Kari's thoughts at 13:24
First round done.... Now lets come up with a different plan.
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1 comment:
A different take on it...interesting! I simply did not understand why we the taxpayer had to provide money for bad decsions made by wallstreet...and then provide a healthy exit for these CEOs!
Thanks kari hope you are well!
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