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Wealth

posted by Anonymous - 8:24 PM Sep 24, 2010
Tags: work, Government, Politics, Friends, Family Redistribution of wealth is not just a coincidence. When you lose your home or car because you are laid off during a travesty or recession that house or car do not vanish into thin air. They are returned to the bank that financed it to you. Now they not only have your down payment for said property but they keep any repair costs, upgrades, remodeling and equity you have in said property. Then they resell the property to the next fool and sue you for the balance of your loan. The economy was at its peak in 2001. Everyone had gained tons of equity in their real estate and many had made big money in the stock market. Everyones retirement had done very well when vested in mutual funds. Then came 9-11 and everything came to a dead stop. People lost jobs right and left and property was taken by the banks. Coincidence? The economy has never recovered from that and more people are unemployed than since the great depression. However isn't it interesting that Forbes came out yesterday saying the worlds wealthiest made more money that ever. Their gain was our loss. We've all been fuched.

Sthefany at 7:05 PM Apr 13, 2014 Fantastic input Jake.For my mileage, I feel like I have a pertty finite amount of influence that I get to exert, and I don't want to let disagreement about peripheral issues (such as governance) preclude my ability to exert influence on the eternal.The flip side, however, is that I don't get to weigh in on some of the issues that I do feel passionately about. I will have to continue thinking about this and developing my level of engagement. This is definitely a moving target for me.

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