Barack Obama Wants To Spread The Wealth
Thursday, October 30th, 2008All postings are the original writing and concepts of John Bassett McCleary
Author of The Hippie Dictionary: A Cultural Encyclopedia of the 1960s and 70s
Obama wants to spread the wealth back to where it belongs in a democracy. The core of this country is its people, and the majority of its people are suffering economically right now.
The capitalists have been redistributing the wealth upwards to the already wealthy for the last 25 years. Reagan’s trickle-down economy is killing this country and the American Dream.
This present economic crisis is a dramatic example of the greed of the wealthy. The mortgage meltdown is only partially due to the deregulation of bank procedures and deceptive loan practices. It is largely due to the fact that most corporations in this country refuse to pay living wages, while, at the same time, outsourcing jobs in order to show large profits to potential stock investors, thus giving larger salaries to owners, CEO’s and upper management. John.10.29.08