Friday, September 26, 2008
CATHOLIC CHARITIES SPOKESMAN ON THE CRISIS
Market Watch has posted an article on the bailout. Rev. Larry Snyder, President of Catholic Charities USA pleads for consideration in this bailout for vulnerable children and families. He writes: "Poverty and economic inequality have been present in our communities long before this current economic crisis and no healthy economic system can co-exist with these systemic ills." He asks for four provisions in the bailout package:
* "Extend unemployment insurance"
* "Increase food stamp benefits"
* "Increase home energy benefits"
* "Protect low-income families from losing Medicaid and social service assistance"
He doesn't say where the money is to come from to do all of this.