What constitutes a crisis worthy of $700 billion in emergency funding?, wonders AKMA, a theologian. He admits he is not an expert on Millennium Development Goals:
That doesn’t mean that it escapes my notice, though, when the Congress and the world’s financial systems can within a week decide to allot more than a half a trillion dollars toward shoring up already-wealthy people and institutions. Under the circumstances, one can hardly avoid the conclusion that political leaders don’t think of malnutrition and starvation, disease, and the lack of educational resources and economic opportunity as not that big a crisis.
That this point has escaped most of us, including the media I've been inundated by, speaks volumes. Thanks.
Posted by: matrullo | September 28, 2008 at 07:39 PM
Yes, thanks for making it public, though I'd like to say I have wondered much about why so easy to make such adecision versus universal health care, free education, and many other elements of a worth commonweal.
I am pretty sure it's because it's relatively easy to scare people into thinking that the rigged game known as the financial operating system is the only way to support the way(s) people live today ... which is demonstrably false .. but again, this way it's easy to scare people in order to accomplish the looting of the Treasury.
Of course they don't think malnutrition, starvation, no health care, no educational capabilities to speak of, etc. are important. Those things keep the government from fitting into the bathtub. Reagan wanted to kill the poor, remember ? They muck up the scenery.
Posted by: JJ Commoner | September 28, 2008 at 09:16 PM
Roads, bridges, internet backbone, libraries, schools, it might be good to invest in productive infrastructure along with missiles and toxic loans. We do have to keep the game going long enough to amortize this debt. Has anyone calculated each American's prorata share?
Posted by: Phil | September 28, 2008 at 11:49 PM
For the adult USian population, it's something over $2,000 per head, according to one calculation I've heard. But these "troubled assets" have priority over those trivialities you and AKMA seem obsessed with. They need relief. TARP.
http://www.resourceinvestor.com/pebble.asp?relid=46496
Posted by: matrullo | September 28, 2008 at 11:59 PM
$2,000 per head? No way we can raise that kind of money except with a massive tax cut to stimulate the economy, create jobs, and postpone the meltdown until, say, next year.
Posted by: Phil | September 29, 2008 at 12:26 AM
Come on you guys ... health care reform is under the umbrella of, and good for, job creation. President Palin even said so in a TV interview.
You're just whiners.
Posted by: JJ Commoner | September 29, 2008 at 01:00 AM
The main thing is to keep the tax cuts coming to Rescue us.
Posted by: Phil | September 29, 2008 at 08:54 AM