Apone
Permanent Fixture
- MBTI
- MEGA
- Enneagram
- MAN
I know that a lot of people are really down on the 1% right now and it's all a conspiracy to profit from the pain of others and such, but I found this article to be a real pick-me-up of sorts in terms of believing in other people and the human race in general:
http://www.economywatch.com/economy...e-hidden-effects-of-the-income-gap.15-03.html
Basically what the article is saying is that the entire housing debacle that led to the crash was caused by a desire to HELP the poor and to CLOSE the income gap (by giving them a shot at gaining both equity and assets that would appreciate over time)… and that everyone including the non-rich would have actually been better off if the rich politicians had been MORE selfish and sought to increase their own profits instead of listening to their hearts over their wallets.
It identifies the main force behind the legislations that set it in action to be the typically left-leaning Democrats, as well as Republicans who lived in mixed income neighborhoods and were therefore more likely to have sympathies for the plight of the less fortunate.
http://www.economywatch.com/economy...e-hidden-effects-of-the-income-gap.15-03.html
Basically what the article is saying is that the entire housing debacle that led to the crash was caused by a desire to HELP the poor and to CLOSE the income gap (by giving them a shot at gaining both equity and assets that would appreciate over time)… and that everyone including the non-rich would have actually been better off if the rich politicians had been MORE selfish and sought to increase their own profits instead of listening to their hearts over their wallets.
It identifies the main force behind the legislations that set it in action to be the typically left-leaning Democrats, as well as Republicans who lived in mixed income neighborhoods and were therefore more likely to have sympathies for the plight of the less fortunate.