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Gordon Gekko Inspiration, Asher Edelman, Backs Bernie

Quicklink Submitted By   Follow Me on Twitter     Message Meryl Ann Butler     Permalink    (# of views)   2 comments, In Series: Bernie Sanders

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opednews.com Headlined to H3 3/13/16

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From flickr.com/photos/22007612@N05/19197967404/: Bernie Sanders
From flickr.com/photos/22007612@N05/19197967404/: Bernie Sanders
(Image by Gage Skidmore)
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The iconic ’80s stockbroker says greed is bad and that we need Bernie Sanders’s social democracy to kick-start the economy. “If you look at something called velocity of money—that means how much gets spent and turns around—when you have the top 1 percent getting money, they spend 5, 10 percent of what they earn. When you have the lower half of the economy, they spend 100 or 110 percent of what they earn,” Edelman told CNBC. 

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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)
 

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