Posted in Business Common Dreams Income Equality News Wealth

Bezos grew record-setting $13 billion richer on Monday as poor and working class in US face financial cliff

“In ONE DAY Jeff Bezos made well over 4,000 times what the average American earns in their ENTIRE LIFETIME.” by Julia Conley, staff writer Tuesday, July 21 Days before the expiration of federal unemployment benefits is…

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Posted in Bailout 2020 News Pro Publica Wealth

The CARES Act sent you a $1,200 check but gave millionaires and billionaires far more

The stimulus checks were meant to get average Americans through the lockdown, but those $1,200 payouts were small change compared with the billions in tax breaks the CARES Act handed out to the country’s wealthiest. by…

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Posted in Bailout 2020 Economy Editorial/opinon Wealth

Why are working people forced to sacrifice for the common good but not the titans of capitalism?

Why is it that lawmakers can order workers to stop working, and small business owners to lock their doors, but not order landlords, bankers, and Wall Street investors to also suspend their activities? by Scott Klinger…

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Posted in Climate change Common Dreams Economy Environment Green New Deal Income Equality News Public Health Public Policy Wealth

‘Green Stimulus’ demanded to battle convergent crises of coronavirus, economic injustice, and climate emergency

The plan calls for spending at least $2 trillion on millions of green jobs, strategic investments to aid frontline communities, expanding public and employee ownership, and rapidly cutting carbon pollution.   by Jessica Corbett, staff writer…

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Posted in Columns Economy Housing Housing Policy Neighborhoods Rathke: Chief Organizer Report Real estate Wealth

Wall Street is crippling the single-family housing market

New Orleans        The financial meltdown in the real estate market of 2007, marked by foreclosures triggered by speculation and broker scams and wiping out the citizen wealth of millions of families, continues to carry a…

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Posted in Analysis Columns Democracy Fat Money Politics Race for the White House 2020 Rathke: Chief Organizer Report Wealth

Today, political office is no country for billionaires

New Orleans    Politics is drowning in money or, more accurately, money is drowning politics. Estimates for the campaign for President now run in the billions. There is every indication that future campaigns will be even…

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Posted in Columns economic justice Hightower OtherWords Politics Wealth

America’s rich refugee crisis

By Jim Hightower The prospect of a 2 percent tax on wealth over $50 million has rich Americans considering expatriating. This is a make or break year for many migrants seeking to improve their families’ financial…

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