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Topic: Main Street
Kucinich offers Main Street Recovery Plan
September 25, 2008 | 
Guest Commentator Dennis Kucinich, D-Ohio, offers a plan to save “Main Street.”
While Wall Street and the Bush Administration try to blackmail Congress into a $700 billion bailout for corporations that have shown zero concern about the plight of the American people through the last decade, I have been working on a comprehensive alternative. Today, I am releasing a plan for economic recovery that will provide not only economic stimulus, but also fairness for everyday people on every “Main Street” in America. The plan detailed will also be available on the campaign website www.kucinich.us.
Of course, this is a plan that has not only economic implications, but also moral and spiritual implications as well. The social, economic, and political divisions in our nation must be healed. We can make a new beginning, seizing this moment of crisis and transforming it into a moment of rebirth for our nation. «Read the rest of this article»
Sections: Business, News, Opinion, Politics | No Comments
The magnitude and meaning of the proposed bailout: What $700 billion for Wall Street means on Main Street
September 24, 2008 |
Northampton, MA (9.23.08) ~~ The plan proposed by President Bush and Secretary Paulson for a $700 billion bailout of Wall Street is difficult for most people to comprehend. National Priorities Project, a non-partisan organization that offers research and analysis of federal spending priorities, is offering an analysis of what $700 billion means to taxpayers.
“It is extremely difficult for most of us to get our minds around what this extraordinary amount of money means. We hear every day about spending cuts to infrastructure and social services. Now the current Administration is proposing to spend more than what is currently allocated for the U.S. War in Iraq on this Wall Street bailout. It is critically important that we urge our elected representatives to take a close and careful look at the trade offs involved in their decisions.”
~~ Jo Comerford, Executive Director of National Priorities Project. «Read the rest of this article»
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