Crisis no excuse to ignore poverty: Bono on Reuters.
from the story: {emphasis from me}
“The U.S. financial crisis making global waves is no excuse for governments and companies to walk away from helping the world’s poor, former U.S. President Bill Clinton and rocker Bono said on Wednesday.
As Congress debates a White House-proposed $700 billion bailout for the worst financial crisis since the Depression of the 1930s, Bono questioned why wealthy countries had not been able to come up with enough aid for the world’s problems.
“It is extraordinary to me that you can find $700 billion to save Wall Street and the entire G8 can’t find $25 billion to save 25,000 children who die every day of preventable treatable disease and hunger,” the U2 lead singer told Clinton’s fourth annual philanthropic summit in New York. “That’s mad, that is mad.”
The Group of Eight wealthy nations vowed in 2005 to raise annual aid levels $50 billion by 2010, $25 billion of which was to go to Africa. But under current spending plans, the G8 will fall $40 billion short, according to a June report by the Africa Progress Panel set up to monitor implementation.
“Bankruptcy is a serious business and we all know people who have lost their jobs,” Bono said, referring to the bankruptcy declared by Wall Street investment bank Lehman Brothers Holdings Inc. “But this is moral bankruptcy.”
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i just added PHOTOSHELTER to the mix. i emailed the original email to them and have received their automated “we got your email” response. i have been following Photoshelter for some time now; their journey into the stock photo world and just this month their sudden departure from it. so they are obviously in the middle of some big changes. they did have a terrific photo blog, which was run by the interesting and astute rachel hulin, she got the sack from photoshelter and started her own blog that is worth checking out.
anyway, there are now 6 players in the mix, 4 of which i have heard back from already…. the journey continues!
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well, it’s taken way too long… but the blog is back and all new!
now you can glance down to the blog’s footer for this information but i just have to say a MASSIVE thank you to:
the amazing and generous Pat Loughery for helping with the overhaul. Pat’s insightful and rewarding blog is at www.patloughery.com and you can follow him on twitter: twitter.com/patl
the inspiring and creative Todd Hiestand for creating a great wordpress theme and then giving it away for free. Todd’s blog is at www.toddhiestand.com and his twitter: twitter.com/toddhiestand
the entire wordpress universe. what an amazing, enabling platform & resource!
YOU! thanks for being patient while this blog became a catalogue of all my twitter tweets! That “feature” is now turned off. so be don’t be afraid to subscribe to the blog, because there is some actual writing coming soon, not to mention the podcast is going to roll out, newly overhauled as well. some great interviews coming on the dj paine show so stick around.
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