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November 24, 2015
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Killing the American Dream

Killing the American Dream

Pilar Marrero

The Israel Lobby and U.S. Foreign Policy

The Israel Lobby and U.S. Foreign Policy

By John J. Mearsheimer and Stephen M. Walt

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Tag: One Percent

New 2015 Wealth Data Reveal U.S. Inequality at Its Ugliest

According to new data, nearly 50 million of America’s 243 million adults are part of the world’s poorest 10 percent.

Posted on Oct 19, 2015 READ MORE

A Campaign Finance Reform Plan That Might Actually Work

By early July, Rep. John Sarbanes, D-Md., had quietly garnered 160 co-sponsors and the support of House Minority Leader Nancy Pelosi for a bill that would use public funds to counter expenditures on political campaigns by wealthy donors.

Posted on Jul 20, 2015 READ MORE

American Billionaire

Posted on May 26, 2015 READ MORE

The U.S. and Israel Have the Worst Income Inequality in the Developed World

A new report finds that the gap between rich and poor in the developed world is at its highest level in 30 years in most countries—and that the U.S. and Israel are leading the trend.

Posted on May 21, 2015 READ MORE

Moochers and Takers

Posted on May 21, 2015 READ MORE

The Obamas’ Net Worth Is as Much as $6.9 Million

The first family almost qualifies as 1 percenters, with a 2014 adjusted gross income a bit shy of the $521,411 that would put them among the richest segment of Americans, according to financial disclosures released Friday.

Posted on May 15, 2015 READ MORE

John Cleese Gives Yanks the Lowdown on the U.K. Elections

Confused about the Tories? And who’s this Miliband guy, anyway?

Posted on May 7, 2015 READ MORE

VIDEO: Sen. Bernie Sanders: ‘We Need a Political Revolution in This Country’

On Sunday’s edition of “This Week With George Stephanopoulos,” the ABC host might have thought he was point-blanking the newly minted presidential candidate with some blunt questions, but Sanders hit harder with his answers.

Posted on May 3, 2015 READ MORE

When Teenagers Pick $14 Million Condos

In the age of Internet access, children’s ability to become productively curious about almost anything has made the adolescent sons and daughters of wealthy New York City families important players in the discovery and selection of multimillion-dollar homes.

Posted on Mar 21, 2015 READ MORE

The Republican Budget Plan Will Devastate American Families

As I understand the Republican view of our country, as manifested in the House and Senate budgets, millions of middle class and working families need to see a major reduction in federal programs that help make their lives, and the lives of their kids, a little bit better.

Posted on Mar 19, 2015 READ MORE

Put a Name to the 80 People Who Own Half of the World’s Wealth

Some of the names on this list of the über rich will seem familiar while others may come as a surprise.

Posted on Jan 27, 2015 READ MORE

1 Percent ‘Literally Rich Beyond Measure’

Wealth hidden by tax shelters and non-responses to questionnaires is so undercounted that “correcting for similar lapses in income data almost erases progress made from 1988 to 2008 in narrowing the gap between the world’s rich and poor,” Bloomberg contributor Jeanna Smialek reports that a body of research has found.

Posted on Aug 7, 2014 READ MORE

stocklight /

Al Gore’s Warnings About Inequality and Democracy

The former vice president recently told a tech industry conference when “95 percent of all the additional national income in the U.S., since the recovery began in ’09, goes to the top 1 percent, that’s not an Occupy Wall Street slogan, that’s a fact.”

Posted on Jun 13, 2014 READ MORE

The One Percent

Posted on May 10, 2014 READ MORE

U.S. Justice Department Probes High-Speed Trading

File this under “In Case You Missed It” (or “ICYMI,” for Twitter-savvy types): The U.S. Justice Department has launched a probe of high-speed trading to see whether it involves illegal insider trading, Attorney General Eric Holder said Friday.

Posted on Apr 6, 2014 READ MORE

An Aristocracy of Musicians

The top 1 percent of artists take 77 percent of the income earned in the music industry, a new report found.

Posted on Mar 8, 2014 READ MORE

What If Your Income Grew as Fast as the Top 1 Percent?

The editors at Mother Jones reveal how much money you would be earning annually today if the super-rich hadn’t rigged the system.

Posted on Mar 3, 2014 READ MORE

For Exxon Mobil CEO, Fracking’s Fine, Just Not In His Backyard

The contentious practice of hydraulic fracturing—commonly referred to as “fracking,” thus offering opponents a handy resemblance to a popular expletive—isn’t something Exxon Mobil’s head honcho, Rex Tillerson, has opposed.

Posted on Feb 25, 2014 READ MORE

One Percenters’ Valentine

Posted on Feb 16, 2014 READ MORE

Mr. Burns

Posted on Sep 12, 2013 READ MORE

Images_of_Money (CC BY-SA 2.0)

How Wealth Breeds Narcissism

Though it may already seem obvious that richer people are generally more entitled than poorer ones, a new study reveals there’s psychological evidence to support this assessment.

Posted on Aug 26, 2013 READ MORE

© Ahmed Amir (CC BY 2.0)

Exposed: A Global Offshore Money Matrix of Up to $32 Trillion

A cache of 2.5 million secret files offers the chance to peek behind the curtain of the world’s offshore money market, detailing the involvement of more than 120,000 companies and trusts doing business with politicians, con men and scores of the mega-rich.

Posted on Apr 4, 2013 READ MORE

AP/Jason DeCrow

Occupy Wall Street: One Year Later

The Occupy movement is celebrating its first anniversary Monday with a full slate of protests and a side of party hats. At least 100 arrests have been reported thus far.

Posted on Sep 17, 2012 READ MORE

Howdy, I'm H. Michael Karshis (CC BY 2.0)

How Tax Reporting Is Skewed to Benefit the Rich

Think tanks such as the Cato Institute and the Tax Foundation like to cherry-pick tax data to claim that the rich pay more than their fair share. But a broad look at taxation shows it’s not true, a writer at The Economist says.

Posted on Aug 23, 2012 READ MORE

Mait Jüriado (CC-BY)

The .0000063% Election

At a time when it’s become cliché to say Occupy Wall Street has changed the nation’s political conversation, electoral politics and the 2012 presidential election have become almost exclusively defined by the 1%. Or, to be more precise, the .0000063%.

Posted on Feb 18, 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

Lord Jim (CC-BY)

Latest New York Tax Reforms Disproportionately Benefit the Rich

Many in the media are touting a recent overhaul of the state of New York’s tax scheme as a sign of a new age of increased burden for top earners and a victory for the 99 percent. But close inspection reveals that such comparisons exclude the contributions of a soon to expire, 3-year-old “millionaires’ tax,” and the new codes favor the rich.

Posted on Dec 10, 2011 READ MORE

withayou (CC-BY)

Here Comes the Capital Strike

From his seat in Congress, House Speaker John Boehner announced in mid-September that American business owners would continue to hold the nation’s wealth (and thus the public welfare) hostage until government granted them the “low-tax, deregulated world they wanted,” writes journalist and author Thomas Frank in Harper’s online. (more)

Posted on Nov 26, 2011 READ MORE

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