Expanding the Debt for War and Wall Street

For Immediate Release

Expanding the Debt for War and Wall Street

WASHINGTON - Following
a speech on the floor of the House of  Representatives, Congressman
Dennis Kucinich (D-OH) today released the following statement:

“The
Greatest Generation sacrificed during their lifetimes so future
generations could have it better.  Here, the ‘Bailout Generation’
demands the future will be sacrificed for the present with unlimited
money for Wall Street and War.
“While
the government expands the debt for Wall Street and War, people are led
to believe we are doing it for Jobs and Main Street. Even today, as
Congress expands the debt limit, Citigroup will get billions in new tax
breaks.  
“Last
week, Congress let Wall Street keep their Over-The-Counter black box
Derivatives game going, which will leave the taxpayers exposed to huge
losses in the future.
“Today,
Congress will give the Pentagon another $550 billion and the wars in
Iraq and Afghanistan another $130 billion while we expand the national
debt, sacrificing the future, for the present.
“In
the past two years Congress chose War and Wall Street over Jobs and
Main Street, expanding the debt, sacrificing the future for the present.
“Today’s
jobs bill is necessary but it will address only a fraction of the
unemployed.  Rather than prime the pump of the economy and put all of
America back to work, we are choosing to sacrifice the future for War
and Wall Street.”

 

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