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National Priorities

Saturday, February 22, 2014

Quote from Senator Bernie Sanders, 2.19.14:

"In America today, the top 1% owns 38% of our country’s financial wealth. The bottom 60% owns all of 2.3%. In the last several years, 95% of all new income has gone to the top 1%. Sadly, we recently learned that in 2012 the top 40 hedge fund managers in the country earned $16.7 billion dollars, as much as 300,000 public school teachers combined -- almost a third of all high school teachers in America. How’s that for national priorities!"
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Member Comments About This Blog Post
    so much for the french revolution
    1306 days ago
    It makes you wonder, how long can this imbalance of power go on? What could happen if those huge numbers of people in the underclass decided to rise up and take power for themselves? I'm sure some science fiction writer out there has written about such a situation; it would be a fascinating read.
    1307 days ago
    The income gap is widening. Good paying, middle class jobs that can support a family almost don't exist any more.
    1307 days ago
    Hmm... I think it's always been that way.
    1307 days ago
    I started working on my taxes today. This was a timely post from you.
    1307 days ago
  • POPSY190
    It saddens me. It also saddens me that in some respects we are heading in the same direction.
    1307 days ago
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