Obama sponsors "Gobal Poverty Act" Bill...Let's Discuss! (1 Viewer)

[DavidM]

How about AMERICAN FRIGGIN POVERTY ACT BILL!!!!!!!! Bridges falling down !! The electric grid in the north east!!

For our economy, our safety, and our workers, we have to rebuild America. I’m
proposing a National Infrastructure Reinvestment Bank that will invest $60 billion over
ten years. This investment will multiply into almost half a trillion dollars of additional
infrastructure spending and generate nearly two million new jobs – many of them in the
construction industry that’s been hard hit by this housing crisis. The repairs will be
determined not by politics, but by what will maximize our safety and homeland security;
what will keep our environment clean and our economy strong. And we’ll fund this bank
by ending this war in Iraq. It’s time to stop spending billions of dollars a week trying to
put Iraq back together and start spending the money on putting America back together
instead.”

http://www.usatoday.com/news/mmemmottpdf/Obama-economic-address-2-13-2008.pdf?loc=interstitialskip

 

[cruize]

Well said.

 

[Sabine]

Bush touting $700 million U.S. aid in Tanzania:

By BEN FELLER, Associated Press Writer 24 minutes ago

DAR ES SALAAM, Tanzania - President Bush, targeting disease and poverty in travels across the African continent, touted a soft-power agenda Sunday in Tanzania where he received a hearty, red carpet welcome by a crowd waving tiny U.S. and Tanzanian flags. Bush opened his second day in Africa in the seacoast city of Dar es Salaam, the capital of Tanzania, which represents the kind of place Bush is visiting on his six-day trip: a stable democracy that's grateful for U.S. health and economic aid. Bush, who arrived Saturday night to the delight of thousands ringing the roadside, met Sunday with Tanzanian President Jakaya Kikwete. Bush came with help in hand — nearly $700 million aid to help Tanzania build up its infrastructure. Bush also was visiting a hospital in the city center, discussing his anti-AIDS initiative and visit families of victims of the 1998 U.S. embassy bombing here.
Unlike in the United States, where his approval rating hovers near his record lows, Bush is treated here with reverence. Men and women wear clothing bearing his image.
Tanzania, where the economy is growing but many live in sickness and poverty, is the only country on Bush's tour to merit two days of Bush's time. Playing to audiences here and lawmakers back home, he is aiming to showcase U.S. compassion and the results it produces................
Tanzania, an agriculture-driven country of roughly 40 million people, is trying to broaden its ties to the U.S. across political, economic and military fronts. It is the latest country to reap benefits from the Millennium Challenge Account, one of the initiatives underpinning his trip to Africa. It provides U.S. aid to countries that govern justly, shun corruption, help their people and support economic freedoms.
The nearly $700 million compact, which Bush is signing Sunday, is the largest in the program's history. Much of it will underwrite improvements to the country's transportation.
Yet the timing is awkward, given all the emphasis on good governance. Just this month, Kikwete dissolved his entire Cabinet over a corruption scandal involving a contract with a nonexistent firm supposedly based in the United States.......

http://news.yahoo.com/s/ap/20080217/ap_on_re_af/bush_africa