Bill Moyers: Dr. King's Economic Dream Deferred:

[amborin]

"......Unemployment among African-Americans is nearly double that of whites, according to the National Urban League's latest "State of Black America" report. Black men and women in this country make 62 cents on the dollar earned by whites. Less than half of black and Hispanic families own homes and they are three times more likely to live below the poverty line.

The non-partisan group United for a Fair Economy has issued a report that features Martin Luther King, Jr., on the cover with the title, "State of the Dream 2010: Drained." Dr. King's dream is in jeopardy, the report's authors write, "The Great Recession has pulled the plug on communities of color, draining jobs and homes at alarming rates while exacerbating persistent inequalities of wealth and income."
Nor will a recovery ameliorate the crisis. "A rising tide does not lift all boats," United for a Fair Economy's report goes on to say, "because the public policies, economic structures, and unwritten rules of racism form mountains and ridgelines, and hills and valleys that shape our economic landscape. As a result, a rising economic tide fills the rivers and reservoirs of some, while leaving others dry and parched."

This is a perilous moment. The individualist, greed-driven free-market ideology that both our major parties have pursued is at odds with what most Americans really care about. Popular support for either party has struck bottom, as more and more agree that growing inequality is bad for the country, that corporations have too much power, that money in politics has corrupted our system, and that working families and poor communities need and deserve help because the free market has failed to generate shared prosperity -- its famous unseen hand has become a closed fist.

It is hard to overstate the consequences of choosing more of the same -- the very policies that have sundered our social contract. But hear the judgment of Nobel Laureate Kenneth Arrow, echoing Martin Luther King, Jr.'s life and martyrdom. "The vast inequalities of income weaken a society's sense of mutual concern," Arrow said. "...The sense that we are all members of the social order is vital to the meaning of civilization."

http://www.commondreams.org/view/2010/04/03

[SocialistLez]

1. I (heart) Bill Moyers

I hate I missed the first half of last night's episode.

[malaise]

2. You can watch on line

http://www.pbs.org/moyers/journal/index-flash.html

[omega minimo]

3. Living through watching this progress, then get undone and FINALLY get people's attention

SUCKS!!!!!!!!!!!!!!!!!!!!!!!!!

"Popular support for either party has struck bottom, as more and more agree that growing inequality is bad for the country, that corporations have too much power, that money in politics has corrupted our system, and that working families and poor communities need and deserve help because the free market has failed to generate shared prosperity -- its famous unseen hand has become a closed fist.

"It is hard to overstate the consequences of choosing more of the same -- the very policies that have sundered our social contract. But hear the judgment of Nobel Laureate Kenneth Arrow, echoing Martin Luther King, Jr.'s life and martyrdom. "The vast inequalities of income weaken a society's sense of mutual concern," Arrow said. "...The sense that we are all members of the social order is vital to the meaning of civilization."


Stupid people. :thumbsdown:

[Hannah Bell]

4. black homeowners were big losers in the mortgage debacle.

in fact, statistics appear to show a pattern of targeting.

[xchrom]

5. He is a true prophet.

But like prophets of old - neither the the people nor
the leaders are listening.

Soon he kicks the dust off his shoes and moves on.