Tags » Wealth Redistribution

'Lobotomized journalism': Salon writer argues for race-based wealth redistribution

Remember when Salon offered intelligent, well-thought-out arguments? Yeah, neither do we.¬†Here’s a recent offering from the online mag rag:

The glaring limits of the Civil Rights Act: Why we desperately need to redistribute wealth…

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US Politics

Wealth redistribution ain't cheap: Americans spend more on taxes than food, clothing, housing ... combined!

The government leviathan takes more and more every year.

This year, “Tax Freedom Day” is 3 days later than last year.

And it’s got a maddeningly depressing statistic to go along with it’s bite. 213 more words

Congressman Paul Ryan of the 1 Percent Vs. Progressive Caucus: Competing Visions on the Federal Budget

The Progressive Caucas has proposed $1.3 trillion dollars of federal spending going toward job creation over the next ten years, which is a drop in the bucket compared to the $26 trillion the Federal Reserve gave to rich, but really stupid, investors and banksters during the height of the last economic crisis (See… 133 more words

Economics

Who Owns the US Supreme Court?

The only logo missing is the one for the Koch Brothers, which should be attached to Clarence Thomas, John Roberts, Samuel Alito, Anthony Kennedy and Antonin Scalia. 47 more words

Thom Hartman: Three Decades of Reaganomics Has Created Massive Poverty

This is an interesting clip of the Thom Hartman show. He demonstrates how Reaganomics is nothing more than a tool to redistribute income from the 99 to the 1 percent, and that roughly 50 percent of the American people are living at or near the poverty line because of it, a figure that has gone up substantially since Reagan took office. 35 more words

Economics

Obama Promotes the 1%, Hates the 99.

Ever since the sham financial reform known as Dodd-Frank, a law designed by Democrats and signed by Barack Obama in 2009 (before the Tea Party even existed as a political movement), I have known that Barack Obama is a corporate elitist who would reward greedy Wall Street firms rather than bring good governance and needed fixes to the American financial system. 552 more words

Liberal Fantasies

This is what a bank bailout really looks like

Check out the link below for what really happened during the $26 trillion bank bailout of Presidents George W. Bush and Barack Obama. The comic above and the story below are examples of why the political and economic systems of the United States are nothing but games rigged against the 99 percent. 24 more words

Economics