INEQUALITY IN AMERICA – USA #1 IN WEALTH INEQUALITY AND #1 IN INCOME INEQUALITY

INEQUALITY IN AMERICA – USA #1 IN WEALTH INEQUALITY AND #1 IN INCOME INEQUALITY

INEQUALITY IN AMERICA – Of, by, and for the American People.

USA #1 IN WEALTH INEQUALITY IN DEVELOPED WORLD

USA #1 IN INCOME INEQUALITY IN DEVELOPED WORLD

INEQUALITY

“The American people are beginning to catch on that there`s something fundamentally wrong in our SOCIETY when so few have so much and so many have so little” 

 — SENATOR Bernie Sanders (I)

INEQUALITY HAS GROWN THE LAST 10 YEARS:

85 Wealthiest = 50% of WORLD’s Least WELL TO DO’s Wealth = PURE EVIL!

THERE ARE MILLIONS OF GREAT HUMAN BEINGS WITH IDEAS!

THIS IS OLIGARCHY AT ITS WORST!

Source: Oxfam Reports 01/21/2014

Massive Worldwide Economic Inequality

Oxfam’s “Working For The Few” report
Credit Suisse’s “Global Wealth Report 2013”
Forbes’ list of the world’s billionaires from 2013

1% of World Population = Controls 50% of World’s wealth.

World’s 85 richest = Own same amount as bottom 50% of Global Population

FEW = Massive concentration of resources = significant risk to societal breakdown

Oxfam says leaders at 2014 Davos = Must tackle growing inequality = a living wage + progressive taxation.

Income disparity = one of the “Ten Global Risks of Highest Concern in 2014.”

10.7% DROP in AVERAGE INCOME for the bottom 90% from $34,067 to $30,439.

76.2% JUMP in AVERAGE LOOTING for the Top 30,000 Americans (or O.O1%) from $12,240,438 to $21,569,156.

22% was the INFLATION over the last 10 years.

1930 poverty

Income Inequality

 CURE FOR INEQUALITY :  NEW TOP RATE FLAT TAX OF 91% ON INCOMES OVER $500,000!
 

“American dream is a myth … the income and wealth gaps widen … the clear trend is one of concentration of income and wealth at the top, the hollowing out of the middle, and increasing poverty at the bottom.”

 — JOE STIGLITZ, Nobel Prize Winner

PROGRESSIVE HUMAN SPIRIT CALLS FOR CHANGE FOR THE 99%!

+392% increased INCOME for TOP 425 TAX DODGING $BILLIONAIRES 

– 37% decreased Tax Rates for TOP 425 TAX DODGING $BILLIONAIRES

“POVERTY is the worst form of violence.”

 — Mahatma Gandhi – $BILLIONAIRES ATTACK ELDERLY 

“Extreme Inequality in the US is weighted very heavily to literally O.1% of the population, mostly Hedge Fund Managers and CEOs of Major Corporations. But the phenomenon is basically WORLDWIDE.”

— NOAM CHOMSKY

THE RICH GET RICHER BY CHEATING THE 90+% OF AMERICANS:

INEQUALITY HAS GROWN THE LAST 10 YEARS:

10.7% DROP in AVERAGE INCOME for the bottom 90% from $34,067 to $30,439.   +22% was the INFLATION.

76.2% JUMP in AVERAGE LOOTING for the Top 30,000 Americans (or O.O1%) from $12,240,438 to $21,569,156.

vulture-chart ED SHOW

“This country does a great job of creating wealth, but not a great [job] of distributing it.”

 — Lloyd Blankfein, Goldman 

We have 100,000,000 Americans living at or below the POVERTY Line!

We have  153,000,000 Americans living POOR!

We have  1,600,000 CHILDREN without a HOME.

We have 50 million Americans who can’t see a doctor when they’re SICK. 

We have 24 million Americans who can’t find full-time work.

We have 47 million Americans who need government help to feed themselves.

We have 15 million Americans who owe more on mortgage than the home’s value.

We have 1st most-unequal distribution of wealth in entire developed world.

We have 4th most-unequal distribution of wealth in entire world like Zimbabwe.

We have HUNDREDS OF MILLIONS DROWNING in debt – debt slaves.   

We have MILLION(S) of Americans living in their cars.

If lower taxes actually resulted in more jobs, we’d have help wanted signs littering the sidewalks.

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GROWING GULF BETWEEN RICH AND POOR

OBAMA SECRET TRADE DEAL WITH 600 MULTI-NATIONAL CORPORATIONS AND 12 ASIAN PACIFIC RIM COUNTRIES WILL MAKE INEQUALITY EVEN WORSE.

SLAVE LABOR IN ASIA WILL BE MADE EASIER TO ROB MORE AMERICAN JOBS – MAKING THE MULTI-NATIONAL RICH EVEN RICHER – A MASS MULTI-NATIONAL ASSAULT ON DEMOCRACY IN ASIA.   

Obama pressured Congress for extra-constitutional “Fast Track” authority to complete the SECRET DEAL without congressional scrutiny or amendment.

50% of American wage earners made less than $30,000 last year – SSA

$27,010 = Federal Poverty Line for a family of five in 2012.

24.2% of Americans make $10,000 or less = 37 million Americans

32.2% of Americans make $15,000 or less = Min-wage employee 40 hours / week

53.2% of Americans make $30,000 or less 

73.4% of Americans make $50,000 or less

92.6% of American make $100,000 or less

99% of American make $250,000 or less = Top 1% makes $250,000 or more

894 people $20 Million or more = 99.99989% of those living in America = $37 Billion

Source: the Social Security Administration.

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WHITE = THE PREDOMINATE FACE OF POVERTY = “the INVISIBLE POOR”

19 MILLION WHITES IN POVERTY = DOUBLE POOR BLACKS

41% of those in POVERTY ARE WHITE making $23,021/year for a FAMILY of 4

60% of POVERTY IS WHITE = Appalachian states’ in the East – worst is Buchanan COUNTY, in SOUTHWEST VIRGINIA where 99% of those in POVERTY are WHITE, Industrial Midwest, and from MISSOURI, ARKANSAS and OKLAHOMA up through the Great Plains.

GOP = AYN RAND UTOPIA! CORP DEMS ALWAYS HELP THEM!

80% OF US ADULTS = JOBLESS + NEAR-POVERTY RELY ON WELFARE TO SURVIVE!

90% RISK OF NON-WHITES BEING lN POVERTY  

76% RISK OF WHITES BEING IN POVERTY – BIGGEST JUMP IN LATEST DATA

85% FOR ALL AMERICANS BY 2030!

“Poverty is no longer an issue of `them’, it’s an issue of `us.'” 

  — Mark Rank, a PROFESSOR at Washington UNIVERSITY

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12% Decline in median worker wages from 2001 and 2011

80% Jump in Corporate Profits from 2001 and 2011

300% Jump in upper-level management Incomes  from 2001 and 2011

18% Inflation  from 2001 and 2011

95% of income gains have gone to the top 1%  from 2001 and 2011

$32 Trillion in cash TAX DODGED offshore (Romney-Cayman-Style) benefits of Asian Slavery and Zero%-interest money to set up massive scams

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“In America today, the top 1 percent owns 38 percent of our country’s financial wealth. The bottom 60 percent owns 2.3 percent. The increasing wealth inequality in the United States has become the great moral issue of our time.

In America today, one family, the Walton family of Wal-Mart, owns more wealth than the bottom 40 percent, and the top 400 individuals have more wealth than the bottom half of our country — over 150 million people.

In terms of income, the top 1 percent earns more than the bottom 50 percent, while the wealthiest 16,000 Americans, who make more than $10 million a year (the top 0.01 percent), saw their income increase by nearly a third between 2011 and 2012.

According to a recent study, from 2009 to 2012, 95 percent of all new income went to the top 1 percent. Meanwhile, since 1999, median family income declined by more than $5,000 after adjusting for inflation.

Today, a record-breaking 46.5 million people live in poverty in the United States. At 21.8 percent, we have the highest rate of childhood poverty in the industrialized world. One out of four of our kids now lives in a family that receives food stamps.

Poverty among seniors is growing. Over 9 percent of seniors lived in poverty in 2012, higher than in 2009. More American seniors were living in poverty last year than in 1972.

In recent years, while median family income has declined and poverty has increased, the number of millionaires and billionaires has grown at an extraordinary rate. In 1996, there were 121 billionaires in America. Today, there are 442.”

 — Senator Bernie Sanders

“We must recognize and proclaim that whatever the form of government may be, so long as human society continues to be divided into different classes as a result of the hereditary inequality of occupations, of wealth, of education, and of rights, there will always be a class-restricted government and the inevitable exploitation of the majorities by the minorities.”

 — Mikhail Bakunin

INEQUALITY = COLBERT REICH

COLBERT REICH

Click for Video of Reich on Colbert

America’s Cruel Political Math = Working Poor = Less Than Zero

America’s political math = hard, cruel = inhuman = NO common sense

CBO report on $10.10 federal minimum wage = some employers trim their payroll = 500,000 jobs nationwide

GOP AGAINST = Unemployed + MIN WAGE WORKERS + Infrastructure Work + Economic Stimulus + Obamacare

GOP = LOVES poll workers checking IDs of elderly and minority voters

Henry Ford GAVE his assembly line workers ENOUGH TO BUY A CAR and HOME = living wage  = WALMART says “hey we sell cheap Chinese Stuff.”

CBO = Improved standard of living for 16.5 million Americans + 1 million citizens would be raised up and over the POVERTY LINE

CBO = LIFE better for 33 TIMES as many people who would lose their job

CBO = Working families able to get off food stamps = feed their kids nutritious meal

CBO = NO MORE chosing between going to the supermarket or paying heating bill.

Raising Minimum wage = Helps large numbers at expense of Few MULTINATIONALS

CBO = These 16.5 Million Americans will live healthier, maybe even longer lives

Farm bill = Ensure farmers keep their generous subsidies + Food stamps whacked

Body politic = NO longer cares NOTHING ABOUT AMERICANS’ LIVES.

Working Class = Foundation of MULTINATIONAL Pyramid WITH 425 $BILLIONAIRES AT THE TOP

America 50 years ago a president made a “war on poverty” the centerpiece of his State of the Union address and he was applauded.

Robert Kennedy’s 1968 campaign for president = Made eliminating poverty his signature issue = “I believe that, as long as there is plenty, poverty is evil.”

TODAY a huge class of so-called “leaders” = See “moochers” instead of workers with 80% RISE IN PRODUCTIVITY = talk radio + Fox News + FINANCE = Beneficiaries are the wealthiest elitists.

INEQUALITY = 1st STEP = Higher minimum wage = LIVING WAGE = A no-brainer

Profits flow to CEOs + 1% = The rank-and-file American taxpayer pays for THAT

2014 = END need to carry a sign = “I Am a Man,” or “I Am a Woman.”

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GOP = MUST KEEP FOCUS OFF lNEQUALlTY AND MULTINATIONAL SCAMMERS ROBBING $TRILLIONS!

FEB 25, 2014:  Harry Reid = Cuts Unemployment In Half To Get GOP Votes

GOP = HATES UNEMPLOYED AMERICANS SO MUCH THEY WANT THEM TO STARVE

GOP = DEMANDS CUTS TO UNEMPLOYMENT FOR AMERICANS WHO CAN’T FIND A JOB.

Reid (D-NV) = Pushing for a 6-month Extension of Benefits = 50% CUT

“The vast majority of them (GOP) want it to go away. But there are some Republican senators of good will who are trying to work to move forward on this.”

— Reid – Only one GOPer is needed to GET TO FILIBUSTER 60 VOTES

GOP = HATES DEMOCRACY AND PUNISHES AMERICANS IN DIRE NEED