Monday, April 19, 2010

Shorting The Middle Class: The Real Wall Street Crime

Arianna, I know there is a tremendous focus on the plight of the Middle Class now, but as pressure was building upon poor Americans in the preceding decades the Middle Class blamed them for their condition the same way some quarters are blaming the Middle Class for its own condition now. The way I see it, we, as a Nation in the last thirty years have moved from an inclusive economy to an exclusive economy. What we are seeing economically echoes that children's song:



There were ten in the bed and the little one said,

"Roll over, roll over."

So they all rolled over and one fell out.



~and so on until~



There were two in the bed and the little one said,

"Roll over, roll over."

So they all rolled over and one fell out.



There was one in the bed and the little one said,

"Good night!"



Arianna, not to over dramatize, but the mortar that keeps our diverse society intact is the possibility of prosperity. Take that away and it's hard to see how things don't get really ugly.



We can't afford an exclusive economy which allows Americans and their families to keep rolling out of bed, we need to pull the people on the floor back into bed and recognize it isn't a "Goodnight" until everyone has a bit of bed and blanket to share.
Read the Article at HuffingtonPost

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