Categorized | General Interest

The Haiti-Wall Street Corruption Connection

   It’s a strange coincidence but there is a direct connection between the earthquake in Haiti and the spectacle of the financial elite testifying  before the Commission-that-will-do-nothing about the mess they made.

   How did we get to where we are? We have lived in a system that allowed a tiny elite to rob the American people and the people of the world of the great wealth created by millions of workers. The people testifying right now before the Commission-that-will-do-nothing built a Ponzi-scheme–that is, a system that gave the impression of sharing profits but, in essence, was a fraud. It siphoned off vast wealth to a few. Now, I am not just referring to the derivatives and the phony mortgages. No, the robbery was one conducted over at least 30 years–it took away the wealth generated by the hard work of Americans (productivity soared in that 30-year period) and gave it to a few.

   And that is also how Haiti became one of the poorest countries in the world with such a fragile infrastructure that it cannot withstand, nor respond to, a devastating natural event. The death toll in Haiti is not simply a natural phenomena. The death toll in Haiti will be a direct result of a global economic system that has bankrupted nations and people around the globe.

Leave a Reply

You must be logged in to post a comment.

Podcast Available on iTunes

Archives

Archives

Archives