Thursday, February 12, 2009

CNN Reports on Obama Helping Homeless Woman; NY Times Reports on Obama helping Millionaires. Why did Millionaires Get Bailed Out First?


According to CNN, homeless woman Henrietta Hughes approached Barack Obama for help at a town-hall meeting in Fort Myers Florida.

Just days after the Treasury Department proposed two-trillion dollars for bankers, the President answered, "We're going to do everything we can to help you, but there are a lot of people like you."

Obama set up a meeting between Hughes and his staff.

According to the article:

Chene Thompson -- the wife of state Rep. Nicholas Thompson, R-Fort Myers -- offered Hughes and her son a house in nearby La Belle rent-free, according to a spokeswoman, and she is interested in taking it.

What's remarkable is not only the political pandering in helping one homeless person while letting millions die, but also realizing that millions are dying as the government gives handouts to bankers.

Obama was frank when he stated "there are many like you." Perhaps this is why the Democrats and Republicans have first strived to save the minority population-- the top 5% of the nation's wealthiest people--the bankers and ruling class who control 70% of the nation's wealth.

It's hard not to recall Allen Salkin's words in his New York Times article, You Try to Live on 500K in This Town:

Five hundred thousand dollars — the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money — seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast.

Well, I'm glad to know the administration has its priorities straight in setting a cap on bail-out money at $500,000 when women like Harriet Hughes, not lucky enough to directly approach savior-Obama, will be raped prostituting themselves on the streets so as not to freeze to death tonight.

No comments: