Archive for the ‘3rd world’ Category

Economic Emergency: Just Miles From The White House See The Growing 3rd World

January 24, 2009

It isn’t Barack Obama’s fault.  And there is nothing wrong with the “Third Word.”  But it is not a great thing that just a few miles from the White House the global economy is turning neighborhoods from poor to poorer.

Unemployment is growing and businesses are closing.  I saw angry people honking their car horns in anger at a formerly well ordered intersection today.

The scene reminded me of Bolivia.

In China, “dentistry” can be found on the street; that is where the poor and without health insurance get cavities filled.

An immigrant friend of mine today went to a dentist to get help for an emergency.  He came home without the benefit of treatment.

He had no health insurance and the dentist wanted $1,000…..

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President Obama Goes to Radio to Explain Economic Rush

By PHILIP ELLIOTT, Associated Press Writer

President Barack Obama took to the airwaves Saturday to promote his economic aid plan in what’s-it-mean-to-me terms: thousands of better schools, lower electricity bills, health coverage for millions who lose insurance.

It was the latest appeal from the new president for a massive spending bill designed to inject almost $1 trillion into the economy and fulfill campaign pledges. As lawmakers consider an $825 billion plan and Obama woos them with an eye toward a second economic package, he used his first radio and Internet address from the White House to update the public about his goals.

“Our economy could fall $1 trillion short of its full capacity, which translates into more than $12,000 in lost income for a family of four. And we could lose a generation of potential, as more young Americans are forced to forgo college dreams or the chance to train for the jobs of the future,” Obama said in a five-minute address.

“In short, if we do not act boldly and swiftly, a bad situation could become dramatically worse.”

Read the rest:
http://news.yahoo.com/s/ap/20090
124/ap_on_go_pr_wh/obama_economy

From CNN:
http://www.cnn.com/2009/POLIT
ICS/01/24/obama.economy/index.html

See and hear the President’s address:
http://www.americablog.com/2009/0
1/president-obamas-first-weekly-radio.html

In this Jan. 23, 2009 file photo, President Barack Obama speaks ... 
In this Jan. 23, 2009 file photo, President Barack Obama speaks to reporters during a meeting about the economy with Congressional leaders, in the Roosevelt Room of the White House in Washington. From left are, House Minority Leader John Boehner of Ohio, House Speaker Nancy Pelosi of Calif. and the president. Obama on Saturday Jan. 24, 2009 laid out more pieces of an economic plan he says would add 3,000 miles of electrical lines, increase security at 90 ports and double the United States’ renewable energy capacity within three years.(AP Photo/Charles Dharapak, File)

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