Category Wealth Inequality
American pie
Watch: News Anchor Shows Americans Real Size of Wealth Gap—Using American Pie — Waking Times matthew lillard ✔@MatthewLillard Give this video 4mins and let’s start the revolution. https://twitter.com/robdelaney/status/1223577742618300417 … rob delaney ✔@robdelaney Can’t believe this is on CBS. This guy @tonydokoupil is so good; such a light touch. Watch & RT. 718 9:21 AM – Feb […]
“Shit-Life Syndrome,” Trump Voters, and Clueless Dems
“Shit-Life Syndrome,” Trump Voters, and Clueless Dems by BRUCE E. LEVINE Getting rid of Trump means taking seriously “shit-life syndrome”—and its resulting misery, which includes suicide, drug overdose death, and trauma for surviving communities. My state of Ohio is home to many shit-life syndrome sufferers. In the 2016 presidential election, Hillary Clinton lost Ohio’s 18 electoral votes […]
The Confederacy was a con job on whites. And still is.
By Frank Hyman I’ve lived 55 years in the South, and I grew up liking the Confederate flag. I haven’t flown one for many decades, but for a reason that might surprise you. I know the South well. We lived wherever the Marine Corps stationed my father: Georgia, Virginia, the Carolinas. As a child, […]
Trump Moves to Strip Hundreds of Thousands of Social Security Benefits — Truthdig RSS
Activists are working to raise public awareness and outrage over a little-noticed Trump administration proposal that could strip life-saving disability benefits from hundreds of thousands of people by further complicating the way the Social Security Administration determines who is eligible for payments. The proposed rule change was first published in the Federal Register last month […]
Paul Volcker’s Long Shadow — Truthdig RSS
Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial. “He restored credibility to the Federal Reserve… […] […]
The true legacy of US central banker Paul Volcker (1927–2019) — World Socialist Web Site (en)
A full accounting would reveal that his policies, imposed on behalf of the American capitalist class, resulted in untold social misery and the premature death of millions of people, not only in the US but around the world. via The true legacy of US central banker Paul Volcker (1927–2019) — World Socialist Web Site (en)
Thanksgiving Reflections on the Cruel Hegemon — Strategic Culture Foundation
Stephen KARGANOVIC President of the Srebrenica Historical Project Russian literature fans will recall a moving spectacle from Dostoevsky’s novel “The House of the Dead”. As political prisoners are marched off under guard to Siberia, village folk are handing them food and other provisions that they will need on their long journey. The poor villagers are probably […]
Reality on Thanksgiving Weekend — Stephen Lendman
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman) America’s privileged class never had things better throughout the year. The vast majority of ordinary people struggle to get by, a few lost paychecks from homelessness, hunger and despair. The world’s richest country exploits them so wealth, power and privilege can benefit. According to Hunger & Homelessness Awareness […]
Trump’s Latest Handout to His Rich Buddies Is Truly Unbelievable — Truthdig RSS
Breaking news: Donald Trump inadvertently said something true! He recently exulted that his special tax incentives to spur investment in poverty projects have gone “beyond anything that anybody… even thought.” So true! His “Opportunity Zone” tax breaks are financing such “anti-poverty” projects as a “superyacht marina” on the toney waterfront of West Palm Beach, Florida.… via […]
INEQUALITY – TIME TO SHARE — Aangirfan
MississippiAtlanta is the city with the greatest income disparity in the USA.22.4 percent of the population of Atlanta live below the poverty line.A 2017 report found that the richest 1% of people in the world control 82% of the total wealth.Heather Boushey, in her book Unbound: How Inequality Constricts Our Economy, points out that- Inequality […]
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