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Thursday, December 4, 2008

First Roundtable: A People's Perspective on the Economic Crisis

At this point, we have started the first Roundtable. I'll provide you with key moments from each speaker.

Honorable Luis Guitierrez, D (IL) - Let's not have the Swiss version or Canadian version of health care. Let's create our own version. He also spoke about the $700 billion bailout. He voted for it because it was said that would loosen the screws on the majority of the working class population. He said that instead, the banks didn't lend any money to working class people and kept it themselves.

Reverend Dr. Kevin Turman - Economic crisis has a race aspect as well. Black men are unemployed in astonishing numbers. He asked us to imagine the strain that puts on Black families. To descripe the wide scope of the economic crisis, Turman talked about divestment that happened in urban neighborhoods and reminded us that the economic crisis began more than 8 years ago.

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