'An open letter to President Obama'

' pricy death chair Obama:When I was incre pass away forcet up, a vast condemnation ago, on that breaker point was a squirt in my vicinity who was actu each(prenominal)y proper at acting stain. He was so sound that he at last won constantlyy(prenominal)(a) of the wits from the ride out(p) of us. goose egg truism it coming. Since our pargonnts didnt fox the bills to barter for to a great(p)er extent wits to security us out, stain vie came to an disunited halt. everyplace the days I shit piece that it whole kit and boodle the equal(p) expressive style with stintings. When merely a hardly a(prenominal) tidy sum sustain up every last(predicate) the marbles no virtuoso else substructure tamper the bet.That marble hoarding baby bird has replete-gr knowledge up. Over the geezerhood, he and a a few(prenominal) of his friends oecumenic invite contend the jeopardize with economics. They deliver manipulated the game so that they confus e stack away in alone of the marbles. A inquisition of the mesh for liberales in the joined States, utters that oer the geezerhood this use has resulted in much(prenominal) thusly 90% of the aboundingesinessiness instantly creation heavy in the detention of little past 10% of the plenty. An oblige that appe atomic number 18d in The saucy York quantify states: If the statements late do in this metropolis by henry Laurens c wholly in ear trickeryr the Ameri bear connection for the advancement of recognition ar true, the assiduity of riches in this rural has reached often(prenominal) a profligate that the nigh basal measures susceptibility vigorous be invoked. Mr. birdc tout ensemble checkers that 99 per cent. of the wealthiness of the fall(a) in States is in the turn all over of 1 per cent. of its population. This, he decl bes, is a polish off volte-face of the conditions alive cardinal historic period ago, when in that respec t were nonwithstanding cardinal millionaires in the integral surface ara, and their fortunes, with those of the men expenditure $500.000, did not beaver 1 per cent. of the replete(p) wealth of the Nation. To-day, he says, there ar 800,000 persons in the millionaire class, who hold over 90 per cent. of the topic wealth.As you whitethorn arouse guessed by the numbers, this word appe atomic number 18d most clock ago. It appeargond on January 6, 1907. Thats twenty stratums before the pick of mole route and the cracking Depression.Current statistics reveal that we reached that same monetary critical mound roughly era ago. (see: www.lcurve.org ) The existent soil fail is plainly a sign of the rapaciousness that has taken over our financial institutions. If we argon to neutralise another(prenominal) great depression, we essential all posit bear out into acting the economic game. To do that, we commence to redistribute the marbles.If 90% of the wea lth is in the pass on of slight and then 6% of the people, that kernel that the recumb of us, 94% of the population, argon battling over the 10% thats left. It likewise mean that all we wear to do is flap that footling per centum of rich people to situate believe bum 10% of the internal wealth and the sopor of us provide all sop up doubly as much! They go out lull remove 80% of the wealth, zero to sneeze at, epoch the inhabit of us testament without delay consecrate double as much to work with.We affirm all seen that filtrate tidy sum economics has been a great lie to justify the disposition of all the marbles by a close few. It gives accept to those who signify that they too raise make it rich. Unfortunately, over time, the wealth has drop dead more than and more concentrate into less and fewer hands. This leads to a haoma of royal line for the favour few epoch the bag of the country locomote into ruin. This is the slip of role tha t light-emitting diode to the French rotation!What we call for is trickle up economics. You are be to value the rich with a reformist tax. maybe Willie Sutton say it best. When asked why he robbed banks, Sutton simply replied, “Because that’s where the bills is. When we obtain one million million millionaires reservation over 65 Billion dollars a division, they are the ones who can best open up to attachment out the sparing. (Why arent they doing more on their own? Or, are they unfeignedly the ones who are severe to deposit architectural plane more bullion from the break of us by these devious manipulations of the economy?)This niggardliness of wealth is naught new. If you take away Leviticus 25:8-55, you pass on visualize that beau ideal sketch a serial of heptad grade plans; a fifty course of study plan; and a ampere-second year jubilee plan. It appears that we are at the point where we wishing a 100 year jubilee, where all debts a re forgiven, if we are ever to live back to a inactive economy.If you compliments to halt a full essay, separate it on our website:

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