Eighteen days ago, I published an entry titled “Conflict in Congo, refugees on the move“, which showed some of the initial chaos resulting from the war erupting once again in the eastern Democratic Republic of Congo (DR Congo). In the days since, the civilian population has endured more continued fighting amongst multiple factions, cholera outbreaks, separation from family members, hunger, and further losses (of life, property, safety and trust) as both rebel forces and government soldiers have committed many acts of theft, rape and murder while thinly-stretched UN forces have been unable to provide much help. The organization Doctors Without Borders (Médecins Sans Frontières) has recently launched their own multimedia initiative to “bring global attention to the humanitarian consequences of the intensifying war in eastern DR Congo”, called Condition:Critical …
I posted this rather prescient letter from Obama to Bernanke and Paulson last March. The letter itself is dated March 22, 2007. As with Obama’s warnings about the possible consequences of occupying Iraq, I think this letter is worth considering as we face the consequences of the financial mortgage-rooted meltdown in the credit markets and consider the two candidates.
Here’s part of what Obama had to say in that letter:
We cannot sit on the sidelines while increasing numbers of American families face the risk of losing their homes.
And while neither the government nor the private sector acting alone is capable of quickly balancing the important interests in widespread access to credit and responsible lending, both must act and act quickly…
[A] consortium of industry-related service providers and public interest advocates may be able to bring quick and efficient relief to millions of at-risk homeowners and neighborhoods, even before Congress has had an opportunity to act. There is an opportunity here to bring different interests together in the best interests of American homeowners and the American economy. Please don’t let this opportunity pass us by.
That was over a year and a half ago. A true leader does more than react to the raging storm of an unfolding crisis; he wisely looks ahead for the coming storms.
Sullivan posts the entire letter which you can read here.
“I suppose the McCain campaign’s hope is that when there’s a big crisis, people will go for age and experience. The question is, who in this crisis looked more presidential, calm and un-flustered? It wasn’t John McCain who, as usual, substituting vehemence for coherence, said ‘let’s fire somebody.’ And picked one of the most experienced and conservative people in the administration, Chris Cox, and for no apparent reason… It was un-presidential behavior by a presidential candidate … John McCain showed his personality this week and it made some of us fearful,”
Conservative commentator George F. Will on Sunday’s This Week.
As gasoline, food and health care costs continue to rise, Americans are looking for solutions to the ever-growing financial challenges being faced today and in the future. I.O.U.S.A.: Live with Warren Buffett, Pete Peterson & Dave Walker addresses these challenges while offering solutions in a one-night-only, exclusive in-theatre event on Thursday, August 21st. Theatres across America will become community town halls as five of the nation’s most notable financial leaders and policy experts engage in a 45-minute LIVE panel discussion following the viewing of the acclaimed documentary “I.O.U.S.A.”
If you missed it previously on this blog, here’s the trailer for the documentary.
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