[Peace-discuss] Fwd: The Magnitude and Meaning of the Proposed Bailout

[Barbara kessel]

...instead of 2,000 MacDonalds' apple pies per American citizen....(Jon
Stewart of the Daily Show)

---------- Forwarded message ----------
From: Webmaster <info at nationalpriorities.org>
Date: Wed, Sep 24, 2008 at 1:28 AM
Subject: The Magnitude and Meaning of the Proposed Bailout
To: Barbara Kessel <barkes at gmail.com>


 [image: NPP Bulletin]

*The Magnitude and Meaning of the Proposed Bailout:*
*What $700 Billion for Wall Street means on Main Street**
*

*NPP Provides Analysis of $700 Billion for Taxpayers*

The plan proposed by President Bush and Secretary Paulson for a $700 billion
bailout of Wall Street is difficult for most people to comprehend. At NPP,
we've been crunching the numbers and offer this analysis of what $700
billion means to taxpayers.

A healthy and productive economy requires substantial investment in
affordable housing, health care, education and renewable energy. Taxpayers
in the United States will be required to pay $700 billion for the Wall
Street bailout. They should also know that for the same amount of money,
they could secure the following:

   -

   51.6 million people with health care for *four years* *OR*
    -

   181.2 million homes with renewable electricity for* four years* *OR*
    -

   2.9 million elementary school teachers for *four years* *OR*
    -

   27 million four-year scholarships for university students


 *$700 billion is more than what is currently allocated for the U.S. war in
Iraq.* This amount would allow us to repair all of our nations 77,000
deteriorated bridges and still have $519 billion to spend; or it would allow
us to rebuild all of our nations 33,000 deteriorating schools and still have
$664 billion to spend. For more analysis and trade-offs at the State and
Congressional District level, please visit National Priorities Project's
Trade-offs page online
(*www.nationalpriorities.org/tradeoffs<http://www.nationalpriorities.org/sites/all/modules/civicrm/extern/url.php?u=187866&qid=162995>
*).

**

*Take action:*

Call the Congressional Switchboard at 202-224-3121


 *For more information about organizing for change, please visit:*

TrueMajority, a project of USAction:
*http://www.truemajority.org/*<http://www.nationalpriorities.org/sites/all/modules/civicrm/extern/url.php?u=187867&qid=162995>

The Backbone Campaign:
*http://www.backbonecampaign.org/*<http://www.nationalpriorities.org/sites/all/modules/civicrm/extern/url.php?u=187868&qid=162995>


For more information, contact Jo Comerford at NPP: 413-584-9556;
jo at nationalpriorities.org
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