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Tag: 1 Percent

Flood Insurance

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Posted on Nov 2, 2013 READ MORE


Huntsman and Romney

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Posted on Nov 2, 2013 READ MORE



Studying the Rich’s Pathologies

To gain insight into the workings of American society, it may be productive to focus on the 1 percent’s erratic behavior; Japan’s prime minister has asked for international assistance to deal with the Fukushima leaks; meanwhile, is Speaker John Boehner the Berlusconi of the States? These discoveries and more after the jump.

Posted on Oct 8, 2013 READ MORE


1 Birdie

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Posted on Sep 27, 2013 READ MORE


Wealth Disparity

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Posted on Sep 25, 2013 READ MORE


John Boehner Antoinette

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Posted on Sep 24, 2013 READ MORE


Work Incentive

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Posted on Sep 22, 2013 READ MORE


Pig Heaven

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Posted on Sep 21, 2013 READ MORE



Bye-Bye, Middle Class

Washington stood idly by as the 1 percent killed the middle class; building sturdy relationships with neighbors is important to leading a healthy life; meanwhile, the Senate is creating an elitist definition of what an “official” journalist is. These discoveries and more after the jump.

Posted on Sep 21, 2013 READ MORE


Income Monopoly

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Posted on Sep 20, 2013 READ MORE



How the 1 Percent Does Disney World

Some wealthy families are renting handicapped scooters to skip lines at the famous theme park; the newest way to stalk someone is apparently to use a drone; meanwhile, the SATs were canceled in all of South Korea due to allegations of widespread cheating. These discoveries and more after the jump.

Posted on May 15, 2013 READ MORE



Image via Shutterstock

How the Rich Benefited From the Recovery (While Most of Us Got Nothing)

The richest Americans made trillions during the so-called economic recovery from 2009 to 2011, while most everyone else’s net worth dropped, according to a recent study. “It’s as if the entire economic recovery is going into the pockets of the rich,” Les Leopold writes at AlterNet. “And that’s no accident.”

Posted on May 5, 2013 READ MORE



Flickr/401(K) 2013

Income Growth for 90 Percent of Americans Over Last 4 Decades Averaged $59

For the top 10 percent of American taxpayers though, it was—not surprisingly—a lot more.

Posted on Mar 25, 2013 READ MORE


Watch: The Staggering Extent of Wealth Inequality in the U.S.

An infographic-heavy video on wealth distribution that went viral over the weekend reveals that the gap between the rich and the poor in the U.S. is probably much worse than you think.

Posted on Mar 4, 2013 READ MORE


‘It Doesn’t Have to Be This Way’

“How do you expect this to play out over the next few years?” host Thom Hartmann asked economist Michael Hudson on “The Big Picture” this week. “That’s what everybody’s wondering,” Hudson replied. “The economy is going to shrink and shrink and shrink, and the question is whether people are going to go out in the streets ... or whether there’s going to be an actual response saying it doesn’t have to be this way.”

Posted on Jan 12, 2013 READ MORE


Chris Hedges on the Fiscal Cliff ‘Ruse’

Just because the fiscal cliff may have been averted—at least for now—doesn’t mean all the economic issues and problems facing this country have magically disappeared along with the manufactured crisis.

Posted on Jan 7, 2013 READ MORE


Labor Day

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Posted on Aug 30, 2012 READ MORE



Screenshot

Giffords Aide Wins, Jamie Dimon Testifies and More

A look at the day’s political events, including the Arizona special election winner, JPMogran Chase CEO Jamie Dimon heckled and Sheldon Adelson’s latest multimillion-dollar donation.

Posted on Jun 13, 2012 READ MORE


Waiting for the Trickle

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Posted on May 30, 2012 READ MORE


93 Percent of New Wealth in 2010 Went to Top 1 Percent

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Posted on Apr 3, 2012 READ MORE



World Affairs Council of Philadelphia (CC-BY)

Inside Romney’s Tax Returns

Republican presidential candidate Mitt Romney released 550 pages of tax returns Tuesday and news organizations are making their way through them. ProPublica shows us where to look to make sense of the numbers.

Posted on Jan 25, 2012 READ MORE


MLK Dream Update

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Posted on Jan 15, 2012 READ MORE


Rich-Poor Gap

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Posted on Jan 8, 2012 READ MORE



Flickr / Eric__I_E (CC-BY)

Census Shows Nearly Half of Americans Are Struggling Financially

The general gist of findings from the 2010 census may not be shocking, but the actual numbers detailing the growing problem of the shrinking middle class in America are: Nearly half of all Americans qualify for the poor or low-income categories, making income inequality an issue that now splits the nation down the middle.

Posted on Dec 15, 2011 READ MORE



AP / Mark Boster, Pool

Police Clear Occupy Camps in Los Angeles, Philadelphia

In the end, after Los Angeles Mayor Antonio Villaraigosa made a show of less force when it came to the city’s approach to its own Occupy movement, a giant squad of more than 1,000 police officers descended on the downtown encampment around City Hall early Wednesday morning, arrested around 200 people ... (more)

Posted on Nov 30, 2011 READ MORE



AP / Mark Boster, Pool

Occupy 2012

In its two months of existence, Occupy L.A. showed a resiliency and purpose that could make some of its participants leaders in a great confrontation over economic injustice in the 2012 election.

Posted on Nov 30, 2011 READ MORE



YouTube

Miley Cyrus and OWS Share a Headline for Fun and Profit

It’s bound to happen, when a movement like Occupy Wall Street takes hold on a national scale, that some famous people in the entertainment business will attach themselves to the cause, and that their bids for legitimacy as self-styled political activists will be met with skepticism, if not worse.

Posted on Nov 28, 2011 READ MORE



AP / Paul Sakuma

When We Fight Back

Morality in the land of the free is a curious mix of Tinkertoys and torture racks. We have just witnessed a full week of brutal coordinated police assaults upon peaceful protesters. The Occupy movement must therefore rise to a new level of coordinated and class-conscious actions against the corporate state.

Posted on Nov 24, 2011 READ MORE



Wikimedia Commons / Brett Weinstein (CC-BY-SA)

Russell Simmons, OWS Crusader

Hip-hop impresario Russell Simmons has thrown in as one of the high-profile 1 percenters to support Occupy Wall Street, speaking and tweeting his allegiance since the movement’s early days. There are even rumors that he may be one of the power players involved with a shadow affinity group ... (more)

Posted on Nov 23, 2011 READ MORE


The Data Behind the Occupy Movement

Do the Occupiers know what they’re talking about when they chant, “We are the 99 percent!”? With a quick animation, The Guardian breaks down the key economic data representing the conditions that have brought thousands of the disempowered and discontented into the streets all across the country.

Posted on Nov 16, 2011 READ MORE



Flickr / quinn.anya (CC-BY-SA)

America’s Middle-Class Neighborhoods on the Decline

As America’s middle class continues to diminish, it follows that the middle-class neighborhoods they once called home would shrink accordingly. Well, they are, finds a new Stanford University study, which charted changes in Americans’ living quarters since 1970. The results are sobering, if unsurprising.

Posted on Nov 16, 2011 READ MORE



AP / Seth Wenig

This Is What Revolution Looks Like

Welcome to the revolution. Our elites have exposed their hand. They have nothing to offer. They can destroy but they cannot build. They can repress but they cannot lead. They can steal but they cannot share. They can talk but they cannot speak.

Posted on Nov 15, 2011 READ MORE



Gage Skidmore (CC-BY-SA)

Speaking Up for That ‘1 Percent’

Before Paul Ryan delivers another lecture on the “fatal conceit of liberalism,” he ought to examine his own silly conceit: that he and others like him represent the hardworking majority, when he was merely born at the top.

Posted on Oct 28, 2011 READ MORE


Have and Have-Not Nation

The hard-right conservatives who dominate the Republican Party claim to despise the redistribution of wealth, but secretly they love it—as long as the process involves depriving the poor and middle class to benefit the rich, not the other way around.

Posted on Oct 27, 2011 READ MORE


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