Tag Archives: Concentration of Wealth

Ted McLaughlin :
Why Congress can’t understand your financial struggle

For the first time in this country’s history, more than half of the members of Congress are at least millionaires. By Ted McLaughlin | The Rag Blog | January 11, 2014 The figures above are for Congress in 2012, and … Continue reading

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Ted McLaughlin : Class Conflict and the Disappearance of the Middle Class

Class conflict risesas middle class disappears The growing inequality of wealth and income in this country has reached a point where it is now causing a conflict between the rich (the 1%) and the vast majority of Americans. By Ted … Continue reading

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Peter L. Myers : Pepper Spray Gazette (Numbers Don’t Lie)

Lt. John Pike, who was photographed pepper spraying passive protesters at U.C. Davis, is shown here doing the deed in Andrew Wyeth’s “Christina’s World.” Graphic by Brady Hall / Pepper Spraying Cop / Tumblr.Pepper Spray Gazette:Numbers don’t lie!By Peter L. … Continue reading

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Ted McLaughlin : The Occupy Movement is Changing the Conversation

It’s changing the conversation:The wealth gap and the Occupy MovementBy Ted McLaughlin / The Rag Blog / October 31, 2011 The image above brings home a very disturbing fact about the United States — the vast inequality of wealth and … Continue reading

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Ted McLaughlin : Trickle-Down Depression

Trickle-down depression:Productivity gains are no longer shared By Ted McLaughlin / The Rag Blog / September 12, 2011 From the end of World War II through 1979 the gains in productivity in the United States were shared between workers and … Continue reading

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Ted McLaughlin : The ‘Free Market’ Myth and the Suicide of Capitalism

Political cartoon by Carol Simpson / Cartoon Work. The ‘free market’ myth and the suicide of the capitalist system In a capitalist society such as ours the wealth will be redistributed to the richest people unless there are some regulations … Continue reading

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Lamar W. Hankins : Beating the Bullies of the Wealthy Class

Schoolyard Bully. Photo by Igor Dutina /New York Times. Defeating the political and economic bullies that are destroying America When Barack Obama was elected president, many of us thought that here, finally was a real live Superman, who would save … Continue reading

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FILM / William Michael Hanks : Jamie Johnson’s ‘The One Percent’

Documentary film:Jamie Johnson’s The One Percent is arevealing statement about wealth in America By William Michael Hanks / The Rag Blog / April 28, 2011 Jamie Johnson has a conscience if he can keep it. He is heir to one … Continue reading

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David Van Os : The Divine Right of Greed

Political cartoon by Deng Coy Miel, Singapore.(On being mad as hell…)The divine right of greed By David Van Os / The Rag Blog / April 20, 2011 Most of the income of the super-rich is in capital gains such as … Continue reading

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Jim Turpin : Is the United States a ‘Banana Republic’?

Image from polisci.wisc.edu.Lookout, O. Henry!How did the United Statesbecome a ‘banana republic’? By Jim Turpin / The Rag Blog / February 1, 2011 ba•nan•a re•pub•lic (noun) A small country that is economically dependent on a single export commodity or on … Continue reading

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