Saturday, January 31, 2009

Chaos or Community, Please No Scapegoats for Bad Economics

Mainstream media author Holly Scklar once wrote a great book called "Chaos or Community" which talking points centered on poverty, seeking solutions not excuses and scapegoats about bad economics.

I remember reading the book talking about inequalities in economics where she cited that an example that 1 percent of America's rich had nearly much equivalent wealth to 95% of the bottom line. In these families, at least a fifth of the children lived in extreme poverty in the wealthiest nation on earth, America.

When we undercount poverty towards unemployment having even a job will not be the key towards getting out of extreme poverty. Thus in the unemployment environment ike today, economics is a good prescription for chaos as Holly describes in her book.

Hence, credit is due to the first week of the present administration as so far it understands having a sustainable development as it starts a new environment of pro-people, pro-jobs and pro-nature. Some people have the thinking that this is traditional washington politics but it is not as the greatest minds are in this economic team.

Back in the days when Martin Luther King was assasinated, he was assasinated while organizing one of the great Poor People's Campaign. King was trying to focus on stopping the ways we scapegoat on wealth redistribution. Thus ending how our financial system redlines discrimination by strengthening again the "Community Reinvestment Act" and creating more free trade zones might just be a good start.

And in final I commend the new president for enforcing the much needed laws on "Nondiscrimination". Society needs nondiscrimination laws enforcement and creating new ones without prejudice to race, culture, gender, national origin, ethnicity, religion, disability, marital status, sexual orientations, immigration status and or political beliefs.

Yes, Mr. President you can and you will as right now you have everyone on your side.

Alex Esguerra

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