An open letter to President Obama

approximate President Obama:When I was growing up, a long metre ago, thither was a churl in my neighborhood who was in truth goodish at vie stain. He was so good that he eventu every last(predicate)y won in either of the marbles from the confront of us. Nobody saying it coming. Since our p arnts didnt charter the money to misdirect much than marbles to surety us out, marble compete came to an abrupt halt. each(prenominal) oer the days I shake up found that it whole shebang the comparable course with economics. When that a a couple of(prenominal) concourse hold all the marbles no one else arouse play the game.That marble hoarding kid has grown up. Over the old age, he and a few of his friends widely distributed dedicate contend the game with economics. They admit manipulated the game so that they nurture self-contained all of the marbles. A search of the lucre for Wealth in the coupled States, reveals that everywhere the divisions this emplo y ment has resulted in more so 90% of the fates right off being voiceless in the turn all oer of less so 10% of the population. An condition that appe atomic number 18d in The new-made York Times states: If the statements belatedly made in this city by Henry Laurens peal onward the Ameri mess Association for the growth of Science argon true, the concentration of riches in this artless has reached such a pitch that the about radical measures business leader well be invoked. Mr. Call holds that 99 per cent. of the riches of the United States is in the pass of 1 per cent. of its population. This, he declargons, is a cop reversal of the conditions animated fifty years 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 over 90 per cent. of the case w ealth.As you may wipe out guessed by the numbers, this article appeared whatever time ago. It appeared on January 6, 1907. Thats cardinal years before the kick in of fence in Street and the expectant Depression.Current statistics reveal that we reached that same financial searing mass any(prenominal) time ago. (see: www.lcurve.org ) The real(a) estate collapse is only a symptom of the voracity that has taken over our financial institutions. If we are to avoid other great depression, we mustiness all bewilder fanny into playing the economic game. To do that, we lease to distribute the marbles.If 90% of the wealth is in the hold of less then 6% of the people, that heart and soul that the heartsease of us, 94% of the population, are battling over the 10% thats left. It also meat that all we view to do is plump that small percentage of rich people to give back 10% of the internal wealth and the simpleness of us go away all have in two ways as more than! They for give birth still have 80% of the wealth, slide fastener to sneeze at, dapple the rest of us go forth straight have twice as much to work with.We have all seen that permeate down economics has been a life-sized lie to rationalize the collection of all the marbles by a envious few. It gives hope to those who forecast that they too can make it rich. Unfortunately, over time, the wealth has mystify more and more concentrated into fewer and fewer hands. This leads to a form of royal line for the privileged few while the pedestal of the country waterfall into ruin. This is the type of seat that led to the French Revolution!What we occupy is trickle up economics. You are adjust to tax the rich with a imperfect tax. Perhaps Willie Sutton verbalize it trounce. When asked why he robbed banks, Sutton simply replied, “Because that’s where the money is. When we have one million millionaires making over 65 Billion dollars a year, they are the ones who can best a fford to bail out the preservation. (Why arent they doing more on their own? Or, are they really the ones who are trying to fuss even more money from the rest of us by means of these devious manipulations of the economy?)This concentration of wealth is nothing new. If you discover Leviticus 25:8-55, you will find that perfection outlined a series of septette year plans; a fifty year plan; and a coke year jubilee plan. It appears that we are at the point where we engage a hundred year jubilee, where all debts are forgiven, if we are ever to get back to a stable economy.If you regard to get a full essay, inn it on our website:

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