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South Bend Redevelopment Commission <br />Regular Meeting -October 20, 2006 <br />6. NEW BUSINESS (CONT.) <br />E. Airport Economic Development Area <br />continue ... <br />MR. KING: And the plan we use. <br />MR. PETERSON: Exactly. <br />MR. BLAKE: I read over the plan the other <br />night, and I like what is there. I would like to <br />see something in addition to redevelopment <br />and economic development. I would like to <br />see wealth creation because like the <br />campaign that says, "enough is enough." If <br />"enough is enough" is true then "not enough <br />is not enough" is also true. I don't think that <br />redevelopment and economic development <br />will be enough to eliminate poverty. You <br />need more than just poverty elimination you <br />need wealth creation. One of the ways to get <br />rid of poverty is increase the wealth. I don't <br />know exactly how the city does that, or <br />whether the city has even considered doing <br />it, as far as the concept of wealth creation. <br />Perhaps the City should look at it. Private <br />businesses, of course, look at wealth creation, <br />that is the purpose of corporations. Bringing <br />poor people into the mix of wealth creation, <br />then you can bring them into the whole <br />process and they begin to participate in a <br />different way with a different attitude, with a <br />different perspective. When we begin to talk <br />about wealth creation we get into a real <br />transformation within those pocket areas. So, <br />I think in addition to economic or <br />redevelopment, we also consider wealth <br />creation and the elimination of poverty in <br />those same areas. This takes us to a different <br />level, a different process of thinking, a <br />different approach. <br />30 <br />