Report: Rising inequality hurts economic growth
The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying...
Category: Richest One Percent
This Billionaire Tried To Get University Scientists Fired For Doing Their Job
Despite a growing body of scientific research connecting oil and gas activity to a dramatic spike in earthquakes across several...
The IRS Is Investigating The Koch Brothers’ Illegal Tax-Deductions Denying Climate Change
There are myriad reasons why someone has intense hostility towards, and aversion to, a person or thing that typically derives...
Robert Reich: The wealthy have broken society by siphoning all its money to themselves
Robert Reich, the Secretary of Labor under Bill Clinton, published an essay in the most recent American Prospect in which...
The Koch Brothers Try To Fool The American People With A Deceitful PR Campaign
It has been just about a year since Charles Koch wrote a ‘woe is me’ op-ed to combat the bad...
The Koch Brothers Have Picked Scott Walker To Be Their 2016 Presidential Puppet
The Koch’s didn’t say why Jeb Bush isn’t their “chosen one,” but odds are that it is because Bush doesn’t...
GOP Controlled House Votes To Give Richest 0.2 Percent Of Americans a Tax Cut
The House of Representatives voted Thursday to give a tax break worth $269 billion to the richest few thousand estates...
The one percent are parasites: Debunking the lies about free enterprise and trickle-down
‘When did you last get a job from a poor person?’ So goes my favorite Tea Party slogan. The Americans...
John Boehner To Hold Tax Repeal Vote To Increase Welfare For the One Percent
Despite the ever-widening income gap in America with the poor and middle class losing wealth to the richest Americans in...
5 signs America is devolving into a plutocracy
Have you ever undertaken some task you felt less than qualified for, but knew that someone needed to do? Consider...
Evidence Koch Brothers Funding Climate Change Denial
WASHINGTON (AP) — The industrial conglomerate run by the billionaire brothers Charles and David Koch is refusing to provide Democratic...
This is not a democracy: How the one percent rigged the game
All our lives, we have been told that free markets are synonymous with free societies. That neoliberal capitalism is consistent...
Koch Brothers’ Tar Sands Connection Revealed
A map released by the San Francisco-based International Forum on Globalization (IFG) shows that the U.S. billionaire Koch brothers own...
The Koch Organization Will Spend $1 Billion in Effort to Buy the 2016 Elections
Charles and David Koch plan to spend as much as one billion in 2016 in an attempt to capture the...
Billionaire Who Disowned United States Over Taxes Is Angry That He Can’t Come Back
The U. S. government denied bitcoin entrepreneur Roger Ver a visa last week, reported Coin Desk. Ver renounced his American...
The Rich Declare War on America’s Poor
Republicans have accused President Obama of waging class warfare for using his State of the Union to push for an...
Study: Wealthiest 1% To Own Half Of The World’s Wealth By 2016
By next year, the richest one percent will have accumulated more than half of the world’s wealth. A new report...
Robert Reich: When we give up on democracy, the 1 percent ‘run everything and they get everything’
Former United States Secretary of Labor Robert Reich produced a short “2014 Year in Review” video in which he reminded...
Congress Spreads Joy to the 1 Percent
Towards the end of 2014, Americans averted yet another government shutdown. Congress passed, and Obama signed, a 1.1 trillion dollar...
New Report: We’re Subsidizing the Forbes 400
In its latest listing of America’s wealthiest individuals, Forbes magazine for the first time ranks the members of the top...
How Newt Gingrich’s Language Guru Helped Rebrand the Kochs’ Message
For the Koch brothers’ donor network, the 2012 elections were a keen disappointment. Not only did they lose what Charles...
The Koch Wall Street Crusade To Rob Pensions Is Underway
If anyone in America was unsure what unmitigated greed entails, or to what extent the Koch brothers and Wall Street...
Why Our Lives Feel Squeezed: 400 Reasons
We don’t know who exactly filed the tax returns with America’s 400 largest incomes in 2010. The IRS won’t reveal...
Koch-linked organization uses ‘dark money’ to fight political disclosure
As the Internal Revenue Service contemplates new rules to illuminate “dark money” in politics, a little-known nonprofit group is fighting...
The Long, Dark Shadows of Plutocracy
Some people say inequality doesn’t matter. They are wrong. All we have to do to see its effects is to...
Robert Reich: The 1 percent is gutting America’s middle class
The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend...
Bernie Sanders to Colbert: “Frightening the Billionaire Class” Should be Goal of Grassroots Movement
Appearing on Monday night’s Colbert Report on Comedy Central, Sen. Bernie Sanders told the show’s host that he’s still contemplating...
Paul Krugman: Plutocrats Against Democracy
It’s always good when leaders tell the truth, especially if that wasn’t their intention. So we should be grateful to...
The Walmart Way of Business: When Profits Go Up, Cut Health Care for 30,000 Employees
Walmart is a wildly successful company. Its “corporate fact sheet” online boasts that for “the fiscal year ended January 31,...
Report Documents Walmart Heirs’ Efforts to Destroy Rooftop Solar Revolution
The Walton family—who, as heirs to the Walmart fortune, have more wealth than 42 percent of American families combined—are impeding...
Rolling Stone Report Rocks Koch Industries
A recent Rolling Stone article documenting Koch Industries’ “lucrative blend of pollution, speculation, law-bending and self-righteousness” over the last few...
America’s Ridiculously Rich: the 2014 Edition
Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net...
Mitt Romney’s Latest Excuse for His 47 Percent Remarks Is a Doozy
Mitt Romney explains his 47 percent remark, Take 23. During a recent sit-down with the New York Times’ Mark Leibovich,...
Top Billionaire Campaign Donors Favor Republicans In 2014
WASHINGTON — The wealthiest Americans are playing a larger role in politics these days, thanks to campaign finance laws loosened...
Big Gains for the 1 Percent of the 1 Percent
We’ll be posting a new chart on the current state of income inequality every day for the next couple of...
5 Signs the Dark-Money Apocalypse Is Upon Us
It’s the home stretch of the 2014 election season. No single theme or issue has dominated the midterms, but 2014...
How the Koch Brothers and Other Right Wing Tycoons Are Ruining America
George Baer was a railroad and coal mining magnate at the turn of the twentieth century. Amid a violent and...
Casino Mogal Sheldon Adelson Spends $10 Million in an Attempt to Buy the 2014 Elections for Republicans
Las Vegas casino mogul Sheldon Adelson has donated $10 million to a Karl Rove-backed outfit boosting Republican Senate candidates and...
Charles Koch Personally Founded a Group Protecting Oil Industry Handouts
“Lifestyles of the Rich Environmentalists,” produced by a group called the Institute for Energy Research, is a slick web video...
McConnell Promises Billionaire Donors He Won’t Waste Time On ‘Gosh Darn’ Minimum Wage Increases
At a Koch Brothers-hosted secret strategy conference of right-wing millionaire and billionaire political activists in June, Senate Minority Leader Mitch...
The True Story Of How One Man Shut Down American Commerce To Avoid Paying His Workers A Fair Wage
In 1894, Chicago was the Midwest’s gateway to the rest of the United States. Twenty-four different railroad lines centered or...
Koch Brothers’ Top Strategist: Minimum Wage Will Turn USA Into Nazi Germany
In a newly released audio recording, obtained by The Undercurrent, a man identified as a top Koch strategist warned that...
A Kentucky Objection to McConnell’s Pandering to Millionaires and Billionaires
When the political mercenaries of American oligarchy jet off to consort with their electoral paymasters, they never imagine that the...
A Koch Brother Tries Damage Control as the American People Reject Their Agenda
The AP interviewed one of the lesser known Koch brothers, William, in what seems to be an attempt to soften...
Paul Ryan’s convinced: time to cut taxes on the wealthy
There are some congressional Republicans who believe the party’s commitment to supply-side, trickle-down tax policy is in need of an...
Interior Dept Blows Off Koch Stranglehold On Offshore Wind Power
The good news for US Atlantic coast offshore wind power just keeps rolling along. Earlier this year, renewable energy fans...
