April 24, 2009 Hilo Peace Vigil leaflet (BIP)

The Looting of America

                                                  
                                                            Federal Reserve Chairman Ben Bernanke
                                                           
     Schools are being closed, and other government services and human needs programs are being eliminated or reduced all over the country due to budget cuts.  The Social Security surplus is disappearing fast in the economic downturn.

    The public treasury is being plundered for the benefit of the very bankers and speculators who are responsible for the financial crash. Further bailout measures are being drawn up in the closest consultation with the Wall Street insiders who stand to profit from them.

    The Federal Deposit Insurance Corporation (FDIC) was established 76 years ago, in the depths of the Great Depression, to provide a government guarantee, initially up to $5,000 and now up to $250,000, on the bank deposits of small savers.  Now the FDIC is being transformed to guaranteeing the investments of multimillionaire investment fund managers. And,  this is occurring without even a vote by Congress.

     It's worth repeating: Obama needs to fire his Wall St. cronies -- chief financial advisor, Larry Summers, Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke, etc, all those who helped create the financial crisis in the first place.   Instead of bailing out the banks, put up money to guarantee everyone a job or income and stop foreclosures and evictions.
     
     DO THE MATH: Just $1 trillion out of the $12 trillion Washington has committed to the banks could pay for 20 million jobs with salaries of $50,000 a year! That would wipe out unemployment and underemployment in Hawaii and the U.S.  $l2 trillion could pay for pensions for millions of working senior citizens, open up new jobs for younger workers, pay-off defaulting home mortgages, and purchase lots of solar electric home systems and fuel efficient vehicles and mass transit. 

     The important question is -- where do you put the money?  At the top where the economic problems were created, or at the bottom to really help people in need and the economy.

Stop the Wars & Bail Out the Poor

1.  Mourn all victims of violence. 2. Reject war as a solution. 3. Defend civil liberties. 4. Oppose all discrimination, anti-Islamic, anti-Semitic, etc. 5. Seek peace through justice in Hawai`i and around the world.
 Contact: Malu `Aina Center for Non-violent Education & Action P.O. Box AB Kurtistown, Hawai`i 96760.
Phone (808) 966-7622.  Email ja@interpac.net  http://www.malu-aina.org
Hilo Peace Vigil leaflet (April 24, 2009 - 397th week) - Friday 3:30-5PM downtown Post Office

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Jim Albertini

Malu ‘Aina Center for Non-violent Education & Action

P.O.Box AB

Kurtistown, Hawai’i 96760

phone: 808-966-7622

email: JA@interpac.net

Visit us on the web at: www.malu-aina.org