Tag Archives: u.s. economy

Greens offer six big steps for economic recovery

GREEN PARTY OF THE UNITED STATES
http://www.gp.org

For Immediate Release:
Wednesday, December 10, 2008

Contacts:
Scott McLarty, Media Coordinator, 202-518-5624, cell 202-904-7614, mclarty@greens.org
Starlene Rankin, Media Coordinator, 916-995-3805, starlene@gp.org

Greens support workers occupying a factory in Chicago after layoff: bailout money isn’t being used to help working Americans

WASHINGTON, DC — Green Party leaders said today that the incoming Obama Administration and Congress should take six major steps to reverse the financial meltdown and restore financial security for Americans.

The steps include a Green public works program, aid for state and muncipal governments, expansion of mass transit, Single-Payer health care, a peace dividend gained by ending the occupations of Iraq and Afghanistan, and an end to the wasteful war on drugs.

Green Party candidates running for local, state, and national office in 2008 promoted many of these ideas even before the crisis precipitated. In September, Cynthia McKinney published a ten-point list of solutions and reforms in response to the Wall Street meltdown, titled "Seize the Time" (http://votetruth08.com/index.php/learn/mckinney-messages).

Greens expressed support for United Electrical Workers union members occupying a Republic Windows and Doors plant in Chicago after the plant was shut down and they were laid off with three days’ notice and told they had no assurance of receiving severance and unused vacation pay. The company’s creditor, Bank of America, received $25 billion from the government’s financial bailout package. Greens said that the bank’s actions, including refusal to allow Republic to give workers 60 days notice (as required by law), demonstrates how bailout money isn’t being used to assist working Americans facing financial hardship.

Six Green steps for economic recovery:

(1) Enact a massive Green public works program, creating new living-wage jobs in conservation (including weatherization and energy retro-fitting); clean and safe energy technologies to replace fossil fuel and nuclear sources and create a carbon-free economy; repair and improvement of America’s deteriorating infrastructure (especially water and sewer systems); and improvement of public schools and Green job training programs. Continue reading

Our econonomy – quotes through the ages

(Thanks to James Landis for emailing these quotes and his thoughts on this.)

“This economy of ours is on a solid foundation.” President Bush – Jan. 4 after meeting with the President’s Working Group on Financial Markets.
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“There is no cause to worry. The high tide of prosperity will continue.” – Andrew W. Mellon, Secretary of the Treasury. September 1929
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“I hope you’re confident about our economy. I am.” President Bush. Jan. 30, 2008 at the Robinson Helicopter Co. in Torrance, Calif.
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“While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. There is one certainty of the future of a people of the resources, intelligence and character of the people of the United States – that is, prosperity.” – President Hoover – May 1, 1930
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“Losing a job is painful, and I know Americans are concerned about our economy; so am I. It’s clear our economy has slowed, but the good news is, we anticipated this and took decisive action to bolster the economy, by passing a growth package that will put money into the hands of American workers and businesses.” – President Bush – March 7, 2008 on news that the economy lost 63,000 payroll jobs in February.
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Truth is……. now, as then, they don’t have a clue. The rich guys are taking care of the rich guys to the tune of 1.6 trillion dollars (thus far), and what trickles down to the rest of us cannot be mentioned in polite company.
JCL