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Why are The One %

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There appears to be a consensus that 1% of the population controls 99% of the wealth. That is the problem at the root of conflict in the world.

Out of all the problems humankind faces, this is the most inane situation certainly on this planet and probably the rest of the universe.

How can people suffer every day from the fear that financial survival in this world demands? While the resources exist to alleviate 99% of it.

It’s not just the poor and disadvantaged, whose mere existence is an insult and stain on humanity. Most people, even the moderate to reasonably well-to-do, have to struggle with financial survival every day.

We live in a world that appears to be deteriorating around us, as infrastructure is a politicians low priority until it breaks. Federal and local governments around the world have lacked the resources to maintain or replace them. We lack the resources to provide the basic services that we need in this modern society. Governments, like most people, must deal with the pain of choosing priorities in accordance with their financial abilities.

Why? Why? Why?

The resources exist to deal with these issues in a way that eases life and makes it more fair for everyone.

The weight of history, has over the centuries distributed some of the great wealth held by the few amongst the rest of the population. The 1% has counted on control of the military and political scenery to maintain this balance. In this modern world it is unlikely that this is the case. Instant mass communication depending on how it is used may be the saviour or the downfall of humankind.

But the scale is starting to tip the other way. The pressure on society to find another way to keep score and fairly manage resources will meet head-on with a deteriorating society. It is hard to imagine that the flow of history will be stopped.

But for the moment we live in a bizarre world. All but the privileged few, under financial pressure from governments to the people. Meanwhile 1% of the population controls 99% of the wealth.

Why?

 

GO AHEAD. MORTGAGE MY FUTURE

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“We can’t mortgage our children’s future.” I have heard that from politicians and others for as long as I can remember. I have never understood this. I have a house. I have a mortgage. Without it I would not have a house. Without mortgaging the future, we won’t have one.

“We cannot live beyond our means.”  Another premise of those who hold this view.

I am puzzled by this. Government is not like a business or a person. Their purpose and modus opperendis are very different.

Education, Health Care, Environment,  Social Services, and Military  are expenditures are investments without a bottom line.  They are investments  in our future with  an outcome that can not be quantified in financial terms.

No one will ever get a notice of national foreclosure. “Everyone East of the Mississippi go to the Atlantic and those to the West go to the Pacific. You are being evicted.”

Our future was mortgaged by leaders like FDR and LBJ who lifted and enfranchised the economically and socially disadvantaged. If not for them and others like them, most Social Assistance , Medicare and  voting rights would still be just dreams. I am grateful that my future was mortgaged for a better today.