The party of the rich is now doing everything in its power to make sure those without money live in misery
Last week my colleague Simon Maloy caught us up with the latest on Kanses Gov. Sam Brownback’s famous Arthur Laffer...
Tagged: 1 percent
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...
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...
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...
Bernie Sanders: ‘Higher Education Should Be A Right’
Sen. Bernie Sanders, the self-described democratic socialist and one of Congress’ leading advocates for the working class, says any American...
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...
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...
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...
Bernie Sanders Unveils a 12 Point Economic Plan to Break the Koch Oligarchs
On the Senate floor today, Sen. Bernie Sanders (I-VT) unveiled a twelve point economic plan that if enacted would break...
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...
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...
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...
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...
Income inequality’s sick joke: A rising tide only lifts luxury yachts
For a long time, the right has argued that we shouldn’t worry about inequality because the true concern is the...
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...
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...
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...
Super-Rich Rekindle Love Affair with High-Sea Luxury
The world’s super-rich are returning to the high seas, with the number of luxury yacht sales hitting their highest level...
Tax Dodger Running for Governor in Illinois
If you are not in the Chicago media market, you might not know much about Bruce Rauner, the Mitt Romney-like...
Democracy or Oligarchy?
We are at a pivotal moment in American history. The major issue of our time is whether the United States...
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the...
ALEC Agenda: Medicaid, Schools, and Exporting Our Gas
ALEC holds its 41st annual meeting in Dallas, Texas starting on Wednesday, July 30, 2014. At this largest of its...
Who Are The Protectors of Privilege? – A Congressional Report Card
Do you wonder which members of Congress routinely side with the richest 1 percent and Wall Street? Which lawmakers consistently...
How Much Wealth Are Our Wealthiest Hiding?
How much are the mega rich hiding offshore? Independent analysts have been working to pin that figure down. The most...
Impunity and the Crimes of Finance Oligarchs
In the global discussion of human rights, impunity refers to de facto immunity from punishment enjoyed by dictators, oligarchs, and...
Exclusive: Inside the Koch Brothers’ Secret Billionaire Summit
This is what happens when Marco Rubio, Mitch McConnell, Tom Cotton, Cory Gardner and a gang of the world’s richest...
Millions in Poverty Get Less Coverage Than 482 Billionaires
Poverty continues to be a pressing social problem– but it’s hardly mentioned on the network newscasts, according to a new...
Fearing Backlash, Rich Hoard Cash
(Reuters) – As tension over inequality simmers, persistent cash hoarding by multinationals and the super-rich may be one measure of...
Someone finally polled the 1% — And it’s not pretty
On May 22, The Campaign for America’s Future gave a conference on The New Populist Majority. The keynote speaker was...
Who Are the Real Takers?
The United States offers three kinds of subsidies to tycoons with private jets: accelerated tax write-offs, avoidance of personal taxes...
Donald Sterling’s Disgusting 1 Percent Ramblings: Let’s Pity the Racist Billionaire
Racist rancher and welfare cowboy Cliven Bundy got some help from an unexpected quarter over the weekend, as a far...
Top 1 Percent Take Record Share of U.S. Income
WASHINGTON — The top 10 percent of earners took more than half of the country’s total income in 2012, the...
Government = Protection Racket for the 1 Percent
The evidence of income inequality just keeps mounting. According to “Working for the Few,” a recent briefing paper from Oxfam,...
Top 1 Percent Take Record Share of U.S. Income
WASHINGTON — The top 10 percent of earners took more than half of the country’s total income in 2012, the...
One Percenter Convicted Of Raping Child Dodges Jail
A Delaware man convicted of raping his three-year-old daughter only faced probation after a state Superior Court judge ruled he...
Romney’s Wrong, 1 Percenters Are the True Takers
Yes, there are “takers” in the American economy, but they’re not the poor folks Mitt Romney referenced in his now-infamous...
