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Inside Job is a documentary film about the global economic crisis in 2008. Watching this film makes the economic recession real.

The film depicts how the recession we’re experiencing today started during President Reagan’s administration when he brought in top advisors and cabinet members to privatize the banking system. In so doing, there were less and less government regulations  placed on how the banks could use our monies.

Now,  there are virtually NO restrictions!  With no restrictions, comes NO accountability.

So, uh-oh, we’re sorry, we didn’t know, trust us – we won’t do it again. But, they did!

These are the same people who are supposedly committed to free enterprise, no government regulation. However, when they declared bankruptcy, they turned to the government to bail them out.

And, so to prevent the economy from absolute collapse,  the government bailed out these large conglomerates using taxpayers’ monies. Then, these financial institutions, i.e., Goldman Sachs, Lehman Brothers, etc.,  had the gall to turn around and give their employees huge bonuses and flew them to 5 star luxury retreats!

Not only were these CEO’s and high-ranking officials not held accountable, they have either retained in their positions or left with hundreds of millions of dollars severance pay.

This practice, in effect, put wealth into the hands of 1% of the population, and in the last few years, saw the rise of unemployment higher than it’s ever been since the Great Depression!

According to the film, this practice was purposefully done. And, what I didn’t know was that every president since Reagan, including our present one – President Obama – has in more ways than one supported this practice. In fact, some of the key players in this privatization became cabinet members, top advisors to the presidents, head of the Federal Reserve. Read the rest of this entry »

Back to my experiences at NSAC.

One of the things that I’m always frustrated about are the concurrent workshops – 3 or 4 at the same time. Too many to choose from, I want to go to them all. While I usually learn a lot from the workshop I’m attending, I always wonder if I’m missing something else equally informative.

On another note, I am very grateful to have choices, something I didn’t experience a lot growing up Asian and a survivor of sexual, physical and emotional abuse.

At this conference, I gravitated towards the round table leadership discussions: women of color caucus and Asian Pacific Islander   – all practitioners in the field of sexual assault.  I felt such a close connection to these participants, as we spoke about some of the specific issues that people of color face that Caucasian practitioners/survivors do not. Read the rest of this entry »

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