Friday, October 3, 2008

Union Solidarista's Reaction to the Billionaire Bailout Bonanza

Open Letter to the American Public and Powerbrokers in the United States:

I have been waiting 30 years for this moment. It is time America woke up. Perhaps the current financial crisis (and coming depression?) will inspire the powers-that-be to listen to the only sound economic advice that makes sense: Binary economics and a fast track to Capital Homesteading.

I am now waiting for the tidal wave to hit Latin America. It is a wake up call. It is very unfortunate that so many people have been hurt economically and emotionally due to the continued greed of some CEOs, Wall Street brokers, and traditional economists. While not all CEOs, brokers, and economists are blind, there are enough who have not been able to see or will see that their best interests lie in a healthy economy achieved through broadening capital ownership and real economic and political economic justice. All of them, "free market" or Keynesian alike, prefer to protect their vested interests rather than use their power to bring about change.

The times, however, they are a-changin'. It would be catastrophic if we did not have the answer . . . but we do. The answers are eloquently expressed on the web site of the Center for Economic and Social Justice ("CESJ"). Wake up America — take a look! Unfortunately it may take a loss of another $2-3 trillion and a total freeze on commercial credit to hammer home the need for profound change and implementation of Capital Homesteading.

Does it really have to come to that? I have been through several revolutions and have seen many people die in Latin America because power elites did not, and do not listen! Let us pray it does not come to this in the United States — and it won't, if you read CESJ's website!

Joe Recinos
Union Solidarista Guatemalteca and Central America
Board of Directors
(representing over 750,000 workers and 3,000 companies with $3 billion dollars of investments at risk in Central America)

Donations to CESJ are tax deductible in the United States under IRC § 501(c)(3):





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