The Feeder of wolves fell, worker of evil deeds. The poet chopped Ljot’s leg off, I brought Fridgeir peace. I do not ask reward from the splasher of gold for that. The spears’ din was fun enough, the fight with the pale man. -from “Egil’s Saga”

End Poverty – Be the Generation

To put the proposed Wall Street bailout into perspective. $700bn:
· Would clear the accumulated debt of the 49 poorest countries in the world ($375bn) twice over
· Is almost 5 times the annual amount of extra aid needed to achieve all the Millennium Development Goals on poverty, health, education etc ($150bn a year)
· Is about 7 years of current global aid levels ($104bn in 2007)
· Is enough to eradicate all world poverty for over two years (UNDP calculates it would take $300bn to get the entire world population over the $1 a day poverty line).
On the other hand it’s
· only a quarter of the cost of the Iraq war ($3 trillion on Joseph Stiglitz’ calculation )
· a half of annual global military spending ($1339 bn)

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