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Wealth doesn’t trickle down – it just floods offshore

by John Freund, CM | Jul 23, 2012 | Poverty: Analysis and Responses, Vincentian Family

A far-reaching new (British) study suggests a staggering $21 trillion in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve the euro crisis according to a report in the British...

The Rush to Abandon the Poor

by John Freund, CM | Jul 20, 2012 | Poverty: Analysis and Responses

The state with the country’s worst health care record just happens to have a governor who has been the loudest voice against national efforts to improve it. According to a New York Times editorial entitled “The Rush to Abandon the Poor”,  “A quarter...

How cash keeps poor people poor

by John Freund, CM | Jul 16, 2012 | Poverty: Analysis and Responses

Now here is something to think about! Time Magazine asks…Want to help the poor? Start by taking money out of their hands. More specifically, cash — coins and paper bills are the silent enemy of the poor, with costs often out of proportion with their day-to-day...

UN urges 1% tax on 1,200 billionaires in world

by John Freund, CM | Jul 14, 2012 | Poverty: Analysis and Responses, Vincentian Family at the U.N.

The United Nations, faced with a dearth of donors, pitched a tax on the 1,200 billionaires worldwide billionaires to help raise money for development projects in the world’s poorest nations, according to Bloomberg News Placing a 1 percent levy on “individual wealth...

Supreme Court’s Decision impact on Homeless People

by John Freund, CM | Jul 12, 2012 | Poverty: Analysis and Responses

 Nan Roman writes, “Reforms embodied in the ACA address key problems in our health care system that have most hampered local progress toward alleviating chronic homelessness. There is a popular assumption that virtually all chronically homeless people are...
PICTURE the “Extreme” Wealth and Poverty Gap

PICTURE the “Extreme” Wealth and Poverty Gap

by John Freund, CM | Jul 9, 2012 | Poverty: Analysis and Responses

Nine Pictures Of The Extreme Income/Wealth Gap…. Cars that cost 1 million dollars, hotels that cost $20,000-30,000 per night, ten watches that are each worth more than a Ferrari, etc. Here is just one….   This is a Maybach. Most people don’t even know...
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