[pct-l] Damage Control

[Charles Doersch]

Yah, exactly.

Back to Trail Angels and why we love them.

On Mon, Oct 24, 2011 at 8:04 AM, <chiefcowboy at verizon.net> wrote:

> This relates to hiking how?
>
> -----Original Message----- From: Charles Doersch
> Sent: Monday, October 24, 2011 5:59 AM
> To: Reinhold Metzger
> Cc: pct-l at backcountry.net
> Subject: Re: [pct-l] Damage Control
>
>
> All in context.
>
>
> According to Nobel-prize winning economist Joseph Stiglitz: “The top 1
> percent of Americans now take in roughly one-fourth of America’s total
> income every year. In terms of wealth rather than income, . . . the top 1
> percent now controls 40 percent of the total American wealth. This is new.
> Twenty-five years ago, the corresponding figures were the top 1% took in 12
> percent of the income and controlled 33 percent of the wealth.”
>
> No economist -- not one -- among the top thousand or so economists in the
> US, Europe, or Australia considers this healthy for an economy, a people,
> or
> a future.
>
> ~Charles and the gang.
>
> PS. Caveat: I foretell turbulence, however, if the pct-l moves toward
> political commentary.
>
> On Mon, Oct 24, 2011 at 2:28 AM, Reinhold Metzger
> <reinholdmetzger at cox.net>**wrote:
>
>  Mike Wrote:
>> -- “The comfort of the rich depends upon an abundant supply of the poor."
>> (Voltaire)
>> -------------------------
>> Yes Mike,
>> This may be true....but don't forget that, at the same time, the comfort
>> of
>> the poor
>> depends on their ability to find employment and the ability of the rich to
>> create the
>> opportunity to make such employment available to the poor.
>> Damage one and you damage the other.
>> Some folks say "it is best not to strangle the goose that lays the "golden
>> egg".
>>
>> JMT Reinhold
>>
>> ______________________________**_________________
>> Pct-L mailing list
>> Pct-L at backcountry.net
>> To unsubcribe, or change options visit:
>> http://mailman.backcountry.**net/mailman/listinfo/pct-l<http://mailman.backcountry.net/mailman/listinfo/pct-l>
>>
>> List Archives:
>> http://mailman.backcountry.**net/pipermail/pct-l/<http://mailman.backcountry.net/pipermail/pct-l/>
>> All content is copyrighted by the respective authors.
>> Reproduction is is prohibited without express permission.
>>
>>  ______________________________**_________________
> Pct-L mailing list
> Pct-L at backcountry.net
> To unsubcribe, or change options visit:
> http://mailman.backcountry.**net/mailman/listinfo/pct-l<http://mailman.backcountry.net/mailman/listinfo/pct-l>
>
> List Archives:
> http://mailman.backcountry.**net/pipermail/pct-l/<http://mailman.backcountry.net/pipermail/pct-l/>
> All content is copyrighted by the respective authors.
> Reproduction is is prohibited without express permission.
>
>