Friday, October 31, 2008

Economics Nobel Prize Winner Paul Krugman and Others On The Great Transfer of Wealth


Warm greetings

I feel moved to do yet another post about the economy, and especially given the propaganda being circulated about "socialism" and "redistribution of wealth." It is so interesting to be witness to the continuous efforts to misinform, divide and distract Americans, and especially from seeing what is right in front of us and in increasingly plain view... The Krugman article is two years old and yet so relevent to the challenges we find ourselves faced with today. Paul Krugman is among those who saw the economic crisis coming long before those who have held Alan Greenspan's trickle down economics ideology took off their glasses and found a whole different world than the one they had thought existed. For so long poverty in America has been either ignored or blamed on the poor. For so long we have turned away as 30,000 children die EVERY DAY worldwide of preventable poverty-related causes. Now, as poverty has been sucking more and more of the middle class into its grasp here in America, growing numbers of us are being shaken out of our apathy, arrogance, ignorance, and often unknowing complicity in the plight of those caught in poverty's web. We are waking up to see that the redistribution - the theft - of wealth to the wealthiest among us has been happening right under our noses -- for a very long time. Perhaps, finally, and as Thom Hartman has brilliantly and succinctly described, the great shift is upon us from a me-me-me worldview to one that is instead we-we-we. That is my simple prayer. Peace & blessings to all... Molly

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The Great Wealth Transfer
by Paul Krugman
Posted Nov 30, 2006
It's the biggest untold economic story of our time:
more of the nation's bounty held in fewer and fewer hands.

Concentrating the Wealth, Pt. 1
By
Terrance Heath
October 29th, 2008
While the McCain/Palin campaign attempts to whip people into a lather with a liberal use of the "socialism" label, invoking fears of a wealth transfer, it's easy to forget that a huge wealth transfer has been underway for a while and is going on even now. We call it "the bailout."
Concentrating the Wealth, Pt. 2
October 31st, 2008
http://www.ourfuture.org/blog-entry/2008104431/concentrating-wealth-pt-2
We have reached a point of realization that government by the wealthy, for the wealthy, and of the rest of us doesn't work. And that means we've reached a point of possibly considering that perhaps
"government of the people, by the people, and for the people" isn't "government taking care of us." It's us, taking care of our communities, our families and one another.

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Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly. ~ Martin Luther King, Jr.

First thing in the morning, before you meet or greet anyone, remember to greet all of nature, all visible and invisible creatures. Say to them: "I am grateful for your work, I love you and want to be in harmony with you!" At this very moment, in response to your greeting, all of nature will open to you and send you energy for the entire day. ~ Omraam Mikhael Aivanhov, Prosveta Publishing

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