Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.
Oxfam’s report, ‘An economy for the 99 percent’, shows that the gap between rich and poor is far greater than had been feared. It details how big business and the super-rich are fueling the inequality crisis by dodging taxes, driving down wages and using their power to influence politics. Continue reading →
With the lone exception of Bernie Sanders, every candidate is either in bed with Wall Street or super-rich himself Salon.com By Nomi Prins, TomDispatch.com 2/2/16 This piece originally appeared on TomDispatch. Speaking of the need for citizen participation in our … Continue reading →
A Washington Post investigation reveals how Bill and Hillary Clinton have methodically cultivated donors over 40 years, from Little Rock to Washington and then across the globe. Their fundraising methods have created a new blueprint for politicians and their donors.
LITTLE ROCK — Over four decades of public life, Bill and Hillary Clinton have built an unrivaled global network of donors while pioneering fundraising techniques that have transformed modern politics and paved the way for them to potentially become the first husband and wife to win the White House.
The grand total raised for all of their political campaigns and their family’s charitable foundation reaches at least $3 billion, according to a Washington Post investigation.
Their fundraising haul, which began with $178,000 that Bill Clinton raised for his long-shot 1974 congressional bid, is on track to expand substantially with Hillary Clinton’s 2016 White House run, which has already drawn $110 million in support… Continue reading →
By Russ Phillips At the Democratic Debate on November 14, 2015 there was discussion about Wall Street and financial institutions as well as redistribution of wealth and other topics. Some have been included in the partial transcript below. Some may … Continue reading →
(Yesterday Chuck Todd, moderator of NBC “Meet the Press,” interviewed, among others, presidential contender Bernie Sanders and the exchange follows. The transcript of the entire program is here. – Admin.) CHUCK TODD: Let me move to the other side of … Continue reading →
“Those who cannot remember the past are condemned to repeat it” (George Santayana) and it appears that many events in history repeat. This cyclical nature of history, in part, suggests the lack of mindfulness of the past and a lack of action to prevent its recurrence.
The Families Funding the 2016 Presidential Election The New York Times (This link includes several graphics.) By Nicholas Confessore, Sarah Cohen and Karen Yourish 10/10/15 They are overwhelmingly white, rich, older and male, in a nation that is being remade by … Continue reading →