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Tuesday, September 15, 2009

Financial Bailout

In a 2006 study, the World Institute for Development Economics Research of the United Nations University(UNI-WIDER)reported that more than half of the world's wealth is in the hands of only 2% of its population, while the poorest half of the world's population owns less than 1% of the world's wealth. The study was based on data obtained from 2000, so it is likely that these numbers changed significantly during the Bush era.

Meanwhile, the US government decides to give hundreds of billions of dollars to the lending industry, even though both the Democrats and Republicans said they and their constituents were against doing so. It's not hard to see who they are really working for is it?

This movie from the Zeitgeist website offers some keen insight into the way things work and how they got so bad. Please share this with as many people as you can.

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