Solution for Addressing the Crisis
July 25, 2011
President Barack Obama
The White House
1600 Pennsylvania Avenue NW
Washington, DC, 20500
Dear Mr. President:
Contact Professor G. William Domhoff, Sociology Dept., University of California at Santa Cruz and ask him to help you to immediately empower the American people with an information blitz regarding Wealth, Income, and Power.
Background: Professor Domhoff just released a report titled: Who Rules America? (Power in America: Wealth, Income, and Power) The report focuses on the “Top 1%.” Americans need to know these facts today – this information will empower them with truth as they go forth and contact their representatives.
Net Worth in the National Distribution, 2007
(1) The Top 1% has 35% of the Net Worth in this nation
(2) The Bottom 80% has only 15% of the Net Worth in this nation
Financial Wealth Distribution, 2007
(1) The Top 1% has 43% of the Financial Wealth
(2) The Bottom 80% has only 7% of the Financial Wealth
Income Ratios and Power: Executives vs. Laborers
“The ratio of CEO pay to factory worker pay rose from 42:1 in 1960 to as high as 531:1 in 2000, at the height of the stock market bubble, when CEOs were cashing in big stock options. It was at 411:1 in 2005 and 344:1 in 2007.” By way of comparison, the same ratio is about 25:1 in Europe.”
Mr. President, America needs to receive this information NOW. You can deliver it yourself or others may do it. Mr. President, there is information contained in this report that will make most Americans sick. For the love of money is the root of all evil. Many people will be viewing CSPAN – Every member in the House and Senate should receive this information immediately – they can help deliver the message to America. Besides this method there can be an information blitz over the networks in America. Side affects of releasing America dirty big secrets – surely there are some people who do not want the general public and the world to know this information. i.e. “The Top 1% has 43% of the Financial Wealth – while the Bottom 80% has only 7% (Seven Per Cent) of the Financial Wealth.”
Mr. President there is no prophet accepted in his own country, nevertheless I must continue to share in love. On January 14, 2003, I warned President George W. Bush of this financial crisis that would affect this nation. (The letter is on page 132 of the book “Ending Terrorism In the United States: God Has Warned U.S.”) Mr. President, you are in my prayers – And I pray in the name of JESUS that the leaderships of the nation will not oppress the widows, the fatherless, and continue to oppress the hirelings their wages – moreover, I pray that you will take action to immediately empower the nation with these facts regarding the net worth and financial wealth distribution in the United States of America.
Sincerely yours,
Elmore Richmond Jr.
A Prophet of God in the Name of JESUS
Copy to: Members of the House of Representatives
Members of the United States Senate
