September 27, 2008

A very interesting quote on the bailout

H/t to SOF for this quote from the Archbishop of York:
"'the President of the United States recently announced a $700 billion bailout plans for banks and financial institutions. One of the ironies about this financial crisis is that it makes action on poverty look utterly achievable. It would cost $5 billion to save six million children's lives. World leaders could find 140 times that amount for the banking system in a week. How can they now tell us that action for the poorest on the planet is too expensive?'"

I was struck by the amount last night when Obama mentioned again how much we have spent in Iraq. Imagine if we had a President so dedicated to eradicating poverty as he was to pursuing his own personal demons in the middle-east? Imagine if we had Congressional leaders who were less consumed by ideological nonsense and devoted to making the world a little better place?

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