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[Pen-l] Solving our financial crisis
Charles --
The economy hit a new low this week, and in every part of the country,
people like you are feeling it.
The recent financial disasters -- from the collapse of Fannie Mae and
Freddie Mac to the historic drop in the stock market -- are not just a
string of bad luck. They are the result of years of bad decisions made
in favor of big corporate special interests instead of America's working
families.
More than 600,000 Americans have lost their jobs since January. Home
foreclosures are skyrocketing, and home values are plunging. Gas prices
are at an all-time high, and we're still spending more than $10 billion
every month on a war in Iraq that should never have been waged.
John McCain's campaign is doing everything it can to focus attention on
false personal attacks and distractions -- but there's too much at stake
for that kind of politics.
I need your help to get the conversation back on track.
I recorded a two-minute TV ad about our economy and my plan to solve
this crisis. Please watch the ad and share it with everyone you know:
http://my.barackobama.com/economyvideo
For eight years, Bush-McCain economic policies have favored reckless
deregulation and huge tax loopholes for big corporations. Now, as these
corporations crumble, American taxpayers are facing costly bailouts.
More of the same failed ideas are not going to solve our economic
problems.
I'm calling for a $1,000 tax break for middle-class families -- not
just because they need help dealing with the rising costs of gas, food,
and health care, but also because our economy needs to be reinvigorated
from the bottom up, not the top down.
I'm proposing a second stimulus package to save over one million jobs
and provide immediate relief to struggling families.
And I'll end the "anything goes" culture on Wall Street with real
regulation. We can see clearly that our economy is stronger when we
protect investments and pensions, and avoid devastating bankruptcies and
bailouts.
This is no ordinary time, and it shouldn't be an ordinary election.
Help keep the discussion focused on the issues.
Please watch the video and share it with your friends today:
http://my.barackobama.com/economyvideo
Thanks for helping to bring the change this country needs,
Barack
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- Thread context:
- [Pen-l] Mandarins, Guns and Money,
Louis Proyect Thu 18 Sep 2008, 22:04 GMT
- [Pen-l] bondage [was: Re: financial melt-down],
Jim Devine Thu 18 Sep 2008, 21:28 GMT
- [Pen-l] befuddled Prez candidate,
Jim Devine Thu 18 Sep 2008, 19:23 GMT
- [Pen-l] Solving our financial crisis,
Charles Brown Thu 18 Sep 2008, 18:17 GMT
- [Pen-l] Nader on current financial crisis,
Dan Scanlan Thu 18 Sep 2008, 17:33 GMT
- [Pen-l] Re: financial melt-down,
Sabri Oncu Thu 18 Sep 2008, 17:18 GMT
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