21,000 Affluent People Paid no income taxes last year and didn’t create a single job for anybody

The rich are making off like bandits because they are. The affluent have purchased enough legislation to ensure a constant redistribution of income from the 99 percent to themselves, they’ve bought tax breaks from legislators, free trade income redistribution treaties, income redistribution privatized government services, income redistribution deregulation, and you get the picture. But here’s [...]

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Another Study Shows That the Fox Republican Party Propaganda Network Dumbs Down It’s Viewers

By now, everybody with the exception of dumb downed Fox News Viewers knows the truth of the headline of this story. But there is something that is probably less well known. Here it is; all of the corporate news media do the same thing, only the difference between them and Fox News is a matter [...]

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The 99 Percent is Hurtling Toward Third World Status. Is the End Game Playing Out in California?

The unfortunate consequences of thirty years of government legislation that freely redistributes income from working people to the one percent via such policies as free trade treaties and deregulation has brought the United States to its financial knees. As the 99 percent hurtles toward third world status, the battle is nearing its end game in [...]

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One of the ways the government lies to us: And What they don’t want to tell us.

The government lies to us in many ways. Take Gross Domestic Product (GNP), for instance. That’s the measurement of all the production of services and goods, private and government, for any given period of time. The government says the economy via GDP is taking off, but history shows us this is an anemic recovery. The [...]

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Obama’s budget includes job creating tax increases on the rich

Let’s get one thing right now. Tax cuts for the rich destroy jobs. I show how this is so in my book, The Rigged Game. Obama has decided to raise the taxes of the wealthy. That means they’ll have less income with which to pressure CEO’s to offshore middle class jobs; it means they’ll have [...]

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More Americans See the Rich Devouring the Poor

More Americans believe there is significantly more class conflict between the rich and poor than two years ago, according to a survey released by the Pew Research Center on Wednesday. Click here for the Rest of the Story"

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ANALYSIS: GOP Candidates’ Tax Cuts For The Rich Are Up To 270 Times Larger Than Their Tax Cuts For The Middle Class

The Republicans are up to it again. They want to cut taxes for the Gods of Wall Street. You know those guys. The Republicans and many Democrats say those are the folks that create jobs, even if it hasn’t ever been true, and even if their tax cuts actually destroy jobs, which they did. The [...]

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Hey Rich Dummies! The Middle Class Grows the Economy While the Affluent Weaken It

The demand for goods and services creates jobs and nothing else matters, more or less. That’s why the middle and lower classes, or as we like to say, the 99 percent, are the jobs creators. The rich are the job destroyers. That’s why thirty years of trickle down economics has gotten us into another Republican [...]

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Do the Rich Possess Less Sympathy and Empathy Than Others?

The depiction of the rich and cold-hearted Ebenezer Scrooge in Charles Dickens classic “A Christmas Carol” is backed up with scientific evidence, according to researchers at the University of California at Berkeley. The researchers found that people in lower socio-economic classes are more physiologically attuned to the suffering of others than their middle- and upper-class [...]

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Top 1% Saw their incomes rise 275% during the last 28 years

The top 1 percent of earners in the United States saw their average household incomes grow a whopping 279 percent from 1979 to 2007, according to a Congressional Budget Office (CBO) study (PDF) published this week. For the lowest earners, what the CBO described as the poorest fifth of America, average incomes grew just 18 [...]

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