Facts shared in a speech by US Senator Bernie Sanders, the longest serving independent member of Congress in American history: The American people are angry because they are living through the worst recession since the Great Depression. Unemployment is not 8.2%, real unemployment is closer to 15%. Today the wealthiest 400 individuals in America own […]
Posts Tagged ‘1 %’
Why the worst recession since the Great Depression
June 29, 2012How Wealth Reduces Compassion
April 22, 2012Who is more likely to lie, cheat, and steal—the poor person or the rich one? It’s tempting to think that the wealthier you are, the more likely you are to act fairly. After all, if you already have enough for yourself, it’s easier to think about what others may need. But research suggests the opposite […]
The 1% and the 99% as viewed by the American public
January 27, 2012According to a recent poll by the Pew Research Center, 77% of the citizens of the U.S. expressed the belief that the massive power imbalance in place in the nation is a direct result of the vast wealth inequity between the 1% and the 99%. In addition, according to a poll by Time Magazine, 86% […]
The Strategy to Occupy America
November 9, 2011Beginning with Occupy Wall Street in September 2011, a protest movement spread across the United States to 70 major cities and hundreds of other communities. Similar actions emerged in scores of other nations. The occupiers represent a wide range of ages, socio-ethnic backgrounds, and lifestyles, from homeless to well-paid professionals, along with substantial numbers of […]
Income for top 1 percent skyrockets by 275 percent!
October 26, 2011The Occupy Wall Street movement has made inequality a key focus of its protests, and has used the slogan, “We are the 99 percent.” We already know that the gap between rich and poor has been widening lately. But some new numbers from the Congressional Budget Office put the issue into stark relief. As the […]
Who are The One Percent in America?
October 17, 2011The number of Americans who are millionaires is about one percent of the population. –NPR Of the 435 members of the House, 244 current members of Congress are millionaires. Here is a list of the 20 wealthiest current members of Congress and their average net worth, according to the Center for Responsive Politics, based on […]
The wealthy 1 percent of Americans
October 14, 2011Protesters in the Occupy Wall Street movement, which began in New York City’s financial district and has since spread to hundreds of cities around the country, are directing their protest against the wealthiest 1 percent of Americans. You judge the validity: FACT #1: The wealthiest 1 percent of households own 34.6 percent of all privately […]