Category Archives: inequality

Ted Kennedy Asks GOP: “When Does the Greed Stop!”

A furious Senator Ted Kennedy goes on the floor of the Senate in January 2007 to berate Republicans for filibustering a vote on raising the minimum wage (unchanged for ten years) from $5.15 to $7.25 per hour.

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From Womb to Tomb Without Any Help

BPR Quote of the Day “America: A country in which it has gotten too expensive to go to college, which is the only way to qualify for a decent job, which you need to get health care, which you need … Continue reading

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Millions of Americans Suffering From OLS

OBAMA LETDOWN SYNDROME (OLS): NO CURE ON THE HORIZON  by Arlen Grossman/ The Big Picture Report Do you feel Angry? Frustrated?  Cynical? Hopeless?  If your politics lean liberal/progressive, you are not alone with these nagging symptoms. You may be suffering … Continue reading

Posted in Afghanistan, Barack Obama, civil liberties, Democratic Party, Economics, economy, elections, foreign policy, government, inequality, Occupy, politics, protests, Republican Party, taxes, Wall Street, war | Tagged , , , , , , , , , , , | 2 Comments

How Mitt and His Partners Get Rich–And How We Pay For It

In less than three minutes, Robert Reich explains how capital equity partnerships, like Bain Capital, game the system–and how the rest of us end up holding the bag.

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Taxing the Rich Healthy For the Economy

Why a Fair Economy is Not Incompatible with Growth but Essential to It by Robert Reich/ robertreich.org/ April 15, 2012 One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary … Continue reading

Posted in Economics, economy, inequality, taxes | Tagged , , , , , , | 106 Comments

Numbers That Count: The Extremely Lop-Sided Recovery

Portion of Gains From 2010 Economic Recovery Received By Top One Percent – 93% More depressing numbers about 2010 economic recovery gains: Top 1/10 of 1 Percent received 37% of the 2010 gains. Bottom 99% received 7%. Bottom 90% received … Continue reading

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With a Cherry on Top?

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When Top Tax Rates Rise, So Does The Economy

by Arlen Grossman/ The Big Picture Report/ April 9, 2012 Looking at the first chart below, you can see the top marginal income tax rates dropped from 73% in 1921 all the way down to 24% by 1929. After that, … Continue reading

Posted in Economics, economy, government, inequality, Republican Party, taxes | Tagged , , , , , , | 53 Comments

Morris Berman: “A Postmortem For a Dying Nation”

Why the American Empire Was Destined to Collapse Interview with author and social critic Morris Berman  who says the fact that we’re a nation of hustlers lies at the root of our decline. by Nomi Prins/ AlterNet/ March 7, 2012 … Continue reading

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The High Price of Materialism

What a un-American concept! More stuff doesn’r always mean more happiness; consumerism is not good for the environment; materialism does not promote social values. Where will this kind of radical philosophy lead us? Dare we even think about it? Video … Continue reading

Posted in Economics, environment, inequality, media, Uncategorized | Tagged , , , , , , , , , | 6 Comments