On March 26, leaders from one of the most poverty-impacted communities in the U.S., the City of East St. Louis and 14 surrounding communities in Southern Illinois, came to Washington, D.C., to launch a comprehensive stimulus solution of their own — an advanced renewable energy system to be owned by every local citizen — and to call for its support as a viable antidote to the unprecedented financial crisis in the United States. These mayors and other community leaders argue that the federal Troubled Asset Relief Program (TARP) is essentially a bailout plan for the “wealthy few” on Wall Street, not for the “unmonied many” on the “side streets and Main Streets” of America being devastated by mortgage foreclosures, job losses and the collapse of the credit system for both individuals and small businesses. Their message to government policymakers: “Cut us in on the bailout or cut it out for the wealthy few!”
Read the full article in the St. Louis Post-Dispatch
Dr. Antonio Betancourt, Secretary General of the Summit Council, addresses mayors and other community leaders from East St. Louis and surrounding communities on March 26, 2009 in Washington, DC.
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