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For years, we've been told by the government and by the pundits that there is no money for national healthcare, no money for schools, no money for the levees, no money to fix bridges, no money for a decent public transportation system, no money to fully fund social security, and no money to alleviate the needs of the poor. Now, the President and Congress have told us, "Wait a second folks, there's a trillion we can play around with to bail out the Wall Street firms which have been bleeding you for years."
True, the Democrats are trying to tweak this corporate give-away. The Democrats, after all, are good at tweaking. But, we don't need an improvement on a plan hatched by the Bush Administration as a last grab for the rich - a grab which follows the trillions which have already gone to the rich in the way of tax breaks and the war in Iraq, a war which has shifted masses amount of taxpayer monies to arms manufacturers and unscrupulous military contractors.
Instead, now that we know there is a $1 trillion out there for the taking, we must insist that the needs of the working and middle class people in this country be taken care of, and taken care of now. The choice is stark - we can insist that this money go to solve basic human needs and benefit us as a society, or we can watch that money go to the rich bankers who got is into the mess we're in. And, if the latter course is taken, you can be guaranteed that there will be no money left over for social programs. As Naomi Klein properly predicted, even social security will be in jeopardy...
Originally posted by iggster
I really like your idea but unfortunately the math is wrong. 85 billion would translate into $425 dollars per person using your population numbers. I think that you just misplaced a decimal in there. It is not $425,000.
it works out to $3500 per person if you use the 2oo million figure.
Originally posted by estrip
oh, by the way. the money to go back to the public, forget it. who did we borrow it from? so money to whoever, is what? a loss gentlemen. no matter where it goes. I say, don't borrow, our credit card is at the max dont you.