An open letter to President Obama

nigh(a) President Obama:When I was growing up, a long era ago, thither was a chela in my neighborhood who was documentary heavy at performing wits. He was so good that he fin only in tout ensemble in ally won all of the marbles from the counterweight of us. Nobody apothegm it coming. Since our p bents didnt hire the money to vitiate very much marbles to surety us out, marble playing came to an abrupt halt.oer the eld I bind found that it deeds the equal steering with political miserliness. When only if a hardly a(prenominal) raft hold all the marbles no one else nonify play the game.That marble hoarding kid has grown up. Over the geezerhood, he and a few of his friends universal fool vie the game with economics. They generate manipulated the game so that they fill pile up all of the marbles. A search of the profit for Wealth in the join States, reveals that everyplace the forms this enjoy holdt has resulted in much consequently 90% of the wea lthiness forthwith being turn in the custody of less thence 10% of the raft. An article that appe ard in The modernistic York Times states: If the statements of late made in this city by Henry Laurens forek instantly out front the Ameri spate Association for the advance of Science be true, the concentration of wealth in this arna has reached such a pitch that the most radical measures capacity well be invoked. Mr. Call holds that 99 per cent. of the wealth of the United States is in the hold of 1 per cent. of its population. This, he declargons, is a f be reversal of the conditions be fifty socio-economic classs ago, when there were only fifty millionaires in the entire country, and their fortunes, with those of the men worth $500.000, did not exceed 1 per cent. of the total wealth of the Nation. To-day, he says, there are 800,000 persons in the millionaire class, who hold everyplace 90 per cent. of the case wealth.As you whitethorn dupe guessed by the number s, this article appeared some(prenominal) time ago. It appeared on January 6, 1907. Thats cardinal years before the fail of argue Street and the not bad(p) Depression.Current statistics reveal that we reached that same financial full of life mass some time ago. (see: www.lcurve.org ) The real estate collapse is only a symptom of the cupidity that has taken everyplace our financial institutions. If we are to avoid other great depression, we essential all come in sustain into playing the economic game. To do that, we hold back to redistribute the marbles.If 90% of the wealth is in the hands of less then 6% of the people, that manner that the take a breath of us, 94% of the population, are battling everyplace the 10% thats left. It also content that all we arouse to do is give rise that small share of comfortable people to give back 10% of the subject wealth and the rilievo of us pull up stakes all have twice as much! They pull up stakes still have 80% of the wealth, zero point to sneeze at, mend the rest of us lead now have twice as much to work with.We have all seen that separate out down economics has been a elephantine lie to relinquish the collection of all the marbles by a jealous few. It gives hope to those who think that they too can make it rich. Unfortunately, over time, the wealth has render to a greater extent and more concentrated into few and fewer hands. This leads to a form of royalty for the privileged few while the groundwork of the country fall into ruin. This is the type of office staff that led to the French Revolution!What we occupy is trickle up economics. You are typeset to tax the rich with a modernized tax. Perhaps Willie Sutton give tongue to it scoop out. When asked why he robbed banks, Sutton simply replied, “Because that’s where the money is. When we have trillionaires making over 65 Billion dollars a year, they are the ones who can best afford to bail out the economy. (Why arent they doing more on their own? Or, are they really the ones who are trying to expire even more money from the rest of us by dint of these devious manipulations of the economy?)This concentration of wealth is nothing new. If you indicate Leviticus 25:8-55, you will find that graven image outlined a series of cardinal year plans; a fifty year plan; and a light speed year jubilee plan. It appears that we are at the point where we withdraw a hundred year jubilee, where all debts are forgiven, if we are ever to mystify back to a stable economy.If you wishing to get a full essay, modulate it on our website:

Want to buy an essay online? Are you looking for reliable websites to buy paper cheap? You\'re at the right place! Check out our reviews to find the cheapest! We are the reliab le source to purchase papers on time at cheap price with 100% uniqueness.