Do you agree with Hillary's proposed idea?
WASHINGTON (AP) – Democratic presidential candidate Hillary Clinton said Friday that every child born in the United States should get a $5,000 "baby bond" from the government to help pay for future costs of college or buying a home.
Clinton, her party's front-runner in the 2008 race, made the suggestion during a forum hosted by the Congressional Black Caucus.
"I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18 if they have finished high school they will be able to access it to go to college or maybe they will be able to make that downpayment on their first home," she said.
The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.
Clinton said such an account program would help Americans get back to the tradition of savings that she remembers as a child, and has become harder to accomplish in the face of rising college and housing costs.
The New York senator did not offer any estimate of the total cost of such a program or how she would pay for it. Approximately 4 million babies are born each year in the United States.
Clinton said such an account program would help Americans get back to the tradition of savings that she remembers as a child, and has become harder to accomplish in the face of rising college and housing costs.
She argued that wealthy people "get to have all kinds of tax incentives to save, but most people can't afford to do that."
The proposal was met with enthusiastic applause at an event aimed to encourage young people to excel and engage in politics.
"I think it's a wonderful idea," said Rep. Stephanie Stubbs Jones, an Ohio Democrat who attended the event and has already endorsed Clinton. "Every child born in the United States today owes $27,000 on the national debt, why not let them come get $5,000 to grow until their 18?"
Britain launched a similar program in January 2005, handing out vouchers worth hundreds of dollars each to parents with children born after Sept. 1, 2002.
Earlier this month, Time magazine proposed a $5,000 baby bond program.
Friday, September 28, 2007
Barack Obama - 24,000 People Storm Washington Square - Video Set
On September 26th, 24,000 people stormed New York's Washington Square to see and hear U.S. Presidential Candidate Barack Obama. Here's a collection of YouTube videos taken by different people at the event:
Obama Rally - Gates Finally Open
Obama Rally - From a Distance
Obama Rally - Up Close - "American People Are The Answer"
Obama Rally - Washington Square - "Experience"
Obama Rally - "Fired Up; Ready To Go"
Obama Rally - Gates Finally Open
Obama Rally - From a Distance
Obama Rally - Up Close - "American People Are The Answer"
Obama Rally - Washington Square - "Experience"
Obama Rally - "Fired Up; Ready To Go"
Bob Schock - California Personal Injury Lawyer Wins $3M Case
This video is based on the lawsuit that Bob won and is discussed below and here.
Kids Get $3M in Mom's Death
Montereyherald.com
June 20, 2007
Original Montereyherald.com article: Kids Get $3M in Mom's Death
A Monterey County jury awarded almost $3 million to the children of a woman killed when a Monterey cypress toppled on her car on Highway 1 north of Moss Landing on New Year's Day last year.
'There was a message with this,' said Bob Schock, an attorney representing two of Jacine Calderon Sarmiento's children. 'After the verdict, the jurors said they hoped the state of California would do something about the trees along the highways.'
Sarmiento, 45, was driving along Highway 1 during a raging storm on Jan. 1, 2006, with her 5-year-old daughter when the tree fell on her vehicle. Sarmiento was killed and her daughter, Athena, suffered minor injuries.
At the time, emergency crews reported that two other cypress trees from the grove along the highway fell while they were trying to extricate the victims.
The jury deliberated for about five hours Monday, capping a weeklong wrongful-death trial against the state Department of Transportation, before announcing its verdict.
The jury ruled that Athena should receive about $932,000 in economic damages and another $1 million in noneconomic damages. Jacine Sarmiento's other two children, teenagers who live in Altoona, Pa., were each awarded almost $526,000 in noneconomic damages.
The cypress grove is adjacent to the Highway 1 intersection with Struve Road. Schock said an inspector had checked the trees prior to the accident, after a eucalyptus had fallen, and had determined the area was safe.
Representatives from Caltrans said the agency 'respectfully disagrees' with the judgment.
'This was a tragic but freak accident, with no negligence,' said Colin Jones, public information manager for the Caltrans regional office in San Luis Obispo.
While the tree was old -- about 90 years old -- it was not in bad health. Rather, the ground was saturated and the winds were gusty on the day of the accident, said Caltrans officials.
Susana Cruz, a spokeswoman for Caltrans, said crews inspected the trees in the grove after the accident and removed some branches.
Barack Obama Oakland Party Sunday, September 30th, 1 PM
From the Barack Obama website -- link in the title of this post.
Update! - Click For Video From Event
Oakland/Northern California HQ Opening with BLACKALICIOUS (Meeting)
We are extremely excited to announce our FREE Grand Opening party with special musical guest Blackalicious! Live and in person, in the middle of 14th Street in downtown Oakland!
"Like a few other West Coast rap acts, including the Pharcyde and Jurassic 5, Blackalicious has generally favored what hip-hoppers call the "positive tip"; in other words, its lyrics have often been spiritual and uplifting rather than violent or misogynous. Like a lot of experimental alternative rappers, Blackalicious can be quirky and eccentric; nonetheless, spirituality is a big part of the group's music."
It's going to be AMAZING. Don't miss it.
WHEN: Sunday, September 30, 1:00 PM
WHERE: 436 14th Street, 3rd Floor - directly in front of the 14th Street exit of the Oakland City Center BART station, between Broadway and Franklin.
WHO: Everyone! Bring your friends and families.
WHAT: A party to celebrate the opening of the first office outside of the Early 4 states! Music, speakers, and good times.
Time: Sunday, September 30 at 1:00 PM
Duration: 2 hours
Host: Brent Messenger
Location:
Oakland/N. California Heaadquarters (Oakland, CA)
436 14th Street, 3rd Floor
Oakland, CA 94612
Update! - Click For Video From Event
Oakland/Northern California HQ Opening with BLACKALICIOUS (Meeting)
We are extremely excited to announce our FREE Grand Opening party with special musical guest Blackalicious! Live and in person, in the middle of 14th Street in downtown Oakland!
"Like a few other West Coast rap acts, including the Pharcyde and Jurassic 5, Blackalicious has generally favored what hip-hoppers call the "positive tip"; in other words, its lyrics have often been spiritual and uplifting rather than violent or misogynous. Like a lot of experimental alternative rappers, Blackalicious can be quirky and eccentric; nonetheless, spirituality is a big part of the group's music."
It's going to be AMAZING. Don't miss it.
WHEN: Sunday, September 30, 1:00 PM
WHERE: 436 14th Street, 3rd Floor - directly in front of the 14th Street exit of the Oakland City Center BART station, between Broadway and Franklin.
WHO: Everyone! Bring your friends and families.
WHAT: A party to celebrate the opening of the first office outside of the Early 4 states! Music, speakers, and good times.
Time: Sunday, September 30 at 1:00 PM
Duration: 2 hours
Host: Brent Messenger
Location:
Oakland/N. California Heaadquarters (Oakland, CA)
436 14th Street, 3rd Floor
Oakland, CA 94612
Video - Barack Obama NYC Rally Washington Square 9-26-07
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