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There's Income --- Then There's Income Inequality: A New Standard for Banana Republics in the Making
By Harold Hellickson (about the author)
Become a Fan (7 fans) -- Page 4 of 5 page(s)
.. the number of food stamp recipients grows and food banks are being pushed to keep up with demand.
.. Insecurity and fear dominate much of the middle class.
.. Income growth has more and more been pushed to the upper income brackets, and the more upper, the heavier the push.
Like the plantation owners of yesteryear, it seems the super-rich won't be satisfied until they have it all or, at minimum, have the U.S. match the Gini index of Namibia.
With unemployment and home foreclosures continuing to rise:
.. with the increasing number of bankruptcies,
.. with the growing number of homeless and tent cities,
.. with zombie banks holding toxic assets valued at market-to-fantasy prices while exhorting huge enumerations for their executives,
.. with the continued war profiteering and empire building,
.. with the likes of Plantation Overseers such as Greenspan, Graham, Bernanke, Paulson, Geithner, and Summers and their facilitators such as Clinton, Bush, Cheney, Rice, Rumsfeld, and Obama,
.. with the likes of corporate CEO moguls such as Countrywide"s
Mozilos and Goldman Sachs' Blankfein,
.. with the likes of financial derivative gamblers such as Cassano (AIG Financial), Levine (RBS), Ricciardi (Cohan & Co), Costas (UBS), and Kurland (Countrywide Financial) the king of subprime and liar mortgage loans,
.. with these men and others not in prison for crimes against economic humanity, the outlook is bleak.
Pfizer screws the public, gets a fine of $2.3 billion, and nobody goes to jail. The above bastards don't even get a fine for having sucked the Treasury dry of it's real money while stealing the electronic play money provided by the Federal Reserve (FED).
With those perpetuating the crimes continuing to reap further benefits from the public treasury:
.. with China cutting back on the purchase of Treasury Securities,
Become a Fan (7 fans) -- Page 4 of 5 page(s)
.. Insecurity and fear dominate much of the middle class.
.. Income growth has more and more been pushed to the upper income brackets, and the more upper, the heavier the push.
Like the plantation owners of yesteryear, it seems the super-rich won't be satisfied until they have it all or, at minimum, have the U.S. match the Gini index of Namibia.
With unemployment and home foreclosures continuing to rise:
.. with the increasing number of bankruptcies,
.. with the growing number of homeless and tent cities,
.. with zombie banks holding toxic assets valued at market-to-fantasy prices while exhorting huge enumerations for their executives,
.. with the continued war profiteering and empire building,
.. with the likes of Plantation Overseers such as Greenspan, Graham, Bernanke, Paulson, Geithner, and Summers and their facilitators such as Clinton, Bush, Cheney, Rice, Rumsfeld, and Obama,
.. with the likes of corporate CEO moguls such as Countrywide"s
Mozilos and Goldman Sachs' Blankfein,
.. with the likes of financial derivative gamblers such as Cassano (AIG Financial), Levine (RBS), Ricciardi (Cohan & Co), Costas (UBS), and Kurland (Countrywide Financial) the king of subprime and liar mortgage loans,
.. with these men and others not in prison for crimes against economic humanity, the outlook is bleak.
Pfizer screws the public, gets a fine of $2.3 billion, and nobody goes to jail. The above bastards don't even get a fine for having sucked the Treasury dry of it's real money while stealing the electronic play money provided by the Federal Reserve (FED).
With those perpetuating the crimes continuing to reap further benefits from the public treasury:
.. with China cutting back on the purchase of Treasury Securities,
A retired MBA, I am a former corporate ideologue, former 3rd party advocate and current curmudgeon. While a continued supporter of a 3rd party, I have concluded their efficacy cannot be demonstrated until our form of Government is changed to (more...)
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