……. Obama is addressing ….. The Price Of Inequality…..<quoted text>
Capitalism UNCHECKED was responsible for the mortgage crisis.
People from around the world heard the shot that crippled the financial markets. Shot originated from our Wall Street! Suspects were the Banks to big at fail.
Years of 2007 to 2008 exposed the flaw of the means and ways the USA defined their GDP. Foreign nations discovered that Inequality measurements were not represented.!
.. Symphonizing of the siphoning of wealth from the improvised lower classes to be horded by the 1% minority. Orchestrating with fine attentive desires of greed. Filling their coffers’ treasuries and outsourcing their horde for safe keeping from the Tax distributing environment of their beloved nation.
Melodies of bankruptcy erupted across the nation for over 8 million families homes. Tuning with increasing unemployment. Enveloping all within the finical ballroom. Students waltzing with tens’ of thousand of debt with no work available. Alas as the bell tolled for them at midnight, as they returned to their homeless rewards.
Millions more would soon accompany them with lost savings and defunct pensions. Safety nets that once retained them from such desolation, were sold to the highest bidder of their political domains. Employers with base operatic singing calling for the forced retirement to the improvised laborers.
Americans dreams of secured homes sold for less than its hard earned purchase. Vacancy was the norm through out the nation. Disrepair and lost of upkeep to properties festered on the infrastructures of a once proud majestic nation.
After shocks from the Great Recession will continue to affect this molding Nation until at least 2018 before complete repairs can be considered accomplished. The Price Of Inequality was merely illuminated for a brief moment in time, by the Great Recession. Inequality has been eroding this nation for over a century. Inequality in the past 40 years has accelerated similar to the years before the 1929 Great Depression with similar results.
Within the bastions of the wealthy 1%, the symphony played on. Rejoicing in the price of inequality. Distributions of wealth being divided up with the 1% receiving one fifth of the nations income with the largest share to be rewarded to the 0.1% to the tune of 33% of the national income would be transferred to their coffers due to their wealth of assets. Some of which is rent control of national resources, politics and of course the media. Some assigned to continuously orchestrate the tunes of A La Propaganda.
…Tunes that are required to distract any observation of siphoning as was occurring during the years of 2002 to 2007, to the tune of 63% of the National Income to the 1%.
….Alas had this been more evenly distributed the ballroom would still be overflowing with celebrations of prosperity for one and all.