Posts Tagged ‘wealth’

Billionaires for Wealthcare Sing the Praises of a Public Option

The brave Billionaires for Wealthcare are back in fine voice. This group of talented guerrilla performance artists graciously entertained attendees at a conference of health insurance industry workers with a seemingly spontaneous performance of a clever operatic anthem about our desperate need for a public option.

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At the annual conference of America’s Health Insurance Plans, (the corporate lobbying group that recently released a threatening report about how any inclusion

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Billionaires for Wealth Care Proclaim: Let Them Eat Advil!

Billionaires for Wealth Care have created this rousing anthem to satirically support our nation’s for-profit health care industries. The group was counter-protesting at last week’s teabagger anti-health care reform 9/12 rally in Washington D.C. (which was funded by major health insurance corporations). The Billionaires were dressed in top hats, tuxedos and evening gowns, and carried placards like: “Fight Socialism—End Medicare Now!” and “Let Them Eat Advil!”.

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According to the Billionaires’ website they are:

A grassroots network of health insurance CEOs, HMO lobbyists, talk-show hosts, and others profiting off of our broken health care system. We are not a political, religious or even particularly well-organized group. We’re simple folk, thrilled profiteers pouring out of our corner offices to dance on the grave of “Change.” We’ll do whatever it takes to ensure another decade where your pain is our gain. After all, when it comes to health care, if we ain’t broke, why fix it?

What Does Economic Populism Mean For The Green Economy?

Economic populism involves an economic philosophy urging social and political system changes. In the current political and economic climate, the public concern over the inequity of wealth appears to be at a peak. There is a growing call by Senator Barack Obama and democrats to raise taxes on the wealthy to shrink the wealth gap. But is it true that the rich are getting richer? Or are the rich actually in danger of losing a significant portion of the nation’s [...]

Africa Sending Massive Wealth to the Developed World

An innovative campaign from HelpSweden.org aims to turn our notions of wealth and poverty on their heads.

Africa Roots

HelpSweden.org has drafted a petition to Swedish Prime Minister Fredrik Reinfeldt. It urges greater action on the Millennium Development Goals when Sweden holds the European Union presidency in the second half of 2009. The message also holds a reminder of the first world’s forgotten debt to the rest of the world for resources and labor.

Think Africa’s poor?

Not in terms of natural resources. Most diamonds and gold in the world come from Africa. With all the conflict that’s erupted over mining the abundant precious materials in the Congo, there’s a saying, “We’d be so much better off if we weren’t so rich.”

Much of the African continent is also blessed a climate far more lush than, say, Sweden. Yet with a fraction of the natural resources and more snow than you could shake a kräftskivor at, Sweden’s economy is among the top twenty largest in the world, dwarfing any African nation.

So what gives?

Wealth and Value : New Financial Architecture Required

One of the most commonly preached mantras about the current economic system is that it will “bring wealth to everyone”. This, put politely, is a huge steaming pile of horse manure.

Wealth isn’t an absolute measure which will, say, always be three feet long. It’s a comparative measure which is defined by being over a certain percentage above the average.

So “wealth for all” is a contradiction in terms. We can’t all be wealthy because then we’d all be average, which by definition isn’t wealthy.

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