Bono talks about the $700 billion bailout package:
“I am not qualified to comment on the interventions that have been put forth. I can assume these people know what they’re doing. But is 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 child who die every day of preventable treatable diseases and hunger. That is mad. Bankruptcy is a serious business. And we all know people who have lost their jobs this week, I do anyway. But this is moral bankruptcy.”
I agree with Bono on both counts: I’m not qualified to comment on the bailout yeah or nay, but I do think it’s amazing that we can shell out a ton of money for all these bailouts but we can’t spend a much smaller sum of money to save lives.
It’s much more complicated than this, but saving lives seems more important than saving the economy.