the next occupant of the White House. A recent CNBC poll of 750
millionaires found 53 percent support for Clinton in a contest with
Republican Jeb Bush, 14 points better than Obama’s showing in the
2012 election with the same group.”
stamped multimillion-dollar executive bonuses to Wall Street
banks bailed out with taxpayer funds, will now be given power to
slash workers’ benefits at his discretion.”
middle-class. But we still get the tax bills for the looting of their
Wall Street cronies and their bailouts and billions for Mexico’s
welfare state in our borders.
median household net worth of those in the United States fell from $87,992 to
$56,335—a drop of 36 percent. While the rich also saw their wealth drop
during the recession, they are more than making that money back. Between
2009 and 2012, 95 percent of all the income gains in the US went to the top 1
percent. This is the most distorted post-recession income gain on record.
OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.
The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.
elites, Congress and government," Democratic pollster Stanley Greenberg
warned in an analysis this week. "Democrats and President Obama are seen as
more interested in bailing out Wall Street than helping Main Street."
none of the basic causes of the crash, including the ENORMOUS
SIZE OF THE GLOBAL FINANCIAL SECTOR AND ITS
PERVASIVE CRIMINALITY, have been even remotely
addressed. Rather, under the guidance of the Obama administration,
the dominant position of Wall Street in economic, social and
political life has only been entrenched and expanded.
contemporary capitalist society: there is one set of laws for the vast majority, the working people, and
an entirely different legal framework for the financial oligarchs—one that can be summed up with the
phrase “Anything goes.”