Samstag, 17. August 2013

The 'Bankization' of America

The share of our national income which goes to corporate profit is the highest it s been since they started tracking it in 1929, while the share going to people, as salary and wages, is the lowest. And the percentage of that corporate profit which goes to Wall Street is also the highest on record.

http://is.gd/m0Gmph



40% Of Americans Now Make Less Than 1968 Minimum Wage

The minimum wage would be $16.50 an hour, $33,000 a year, if it had kept up with the growth of productivity since 1968. To put the effect of this a different way, 40% of Americans now make less than the 1968 minimum wage, had the minimum wage kept pace with productivity gains.

http://is.gd/d652IF



How low can you get: the minimum wage scam

Wonder why benefit spending is rising? Simple: corporations get away with crappy wages, so government has to make up the rest.

http://is.gd/9E7tGE



US income has declined by 7.2% since 2000

Current US median household income is 6.1 percent below the $55,480 that the median household took in when the recession began in December 2007.

http://is.gd/jKJo7s


From Information Clearing House

--------

Your Money Is Not Safe in the Big Banks

Ellen Brown, Web of Debt Blog This new report from Web of Debt exposes government plans to confiscate deposits to stabilize the failing banks, repeating the criminal acts started in Greece.

http://www.truth-out.org/video/item/18406-publicbankingtv-your-money-is-not-safe-in-the-big-banks



Racketeering Then and Racketeering Now

Sam Pizzigati, Too Much: Back in Al Capone s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers.

http://truth-out.org/news/item/18458-racketeering-then-and-racketeering-now



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Greece
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recession
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deregulation
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=national+income
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=super+rich
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=minimum+wage
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=corporat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=racketeer
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ellen+Brown
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Sam+Pizzigati

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