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Money Power Runs America

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Stephen Lendman
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Of course, America's top 1% outdid them all. Why else would nationwide protests target them for social justice.

Notably, congressional wealth grew two and a half times (from $280,000 to $725,000) from 1984 to 2009 in inflation-adjusted dollars, while for average Americans it declined slightly. Moreover, for the past half century, income inequality mostly benefits congressional conservatives. Progressivism pays poorly.

In 1984, one in five House members had zero or negative net worth, excluding home equity and other non-income producing property. By 2009, it dropped to one in 12.

As a result, the gap between congressional members and their constituents perhaps never has been so wide. Moreover, it increases annually at a time Main Street's suffering harder than ever hard times, and few in Washington care.

Center for Responsive Politics (CRP) Report

It began saying:

"These days, being a millionaire (puts you in) the (top) one percent. But in Congress, it only makes you average."

Among 535 House and Senate members, 250 (or 47%) are millionaires, based on 2010 financial disclosure forms. Only America's top 1% enjoys that status. According to CRP's executive director Sheila Krumholz:

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