Tag: wealth inequality
‘Yes, exactly,’ say progressives after Pence warns democrats will ‘make rich...
“You have to be all sorts of twisted to think ‘making poor people more comfortable’ is a bad thing.”
Study of 50 years of tax cuts for rich confirms ‘trickle...
“Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance.”
COVID-19 further exposes inequalities in the global financial system
With a greater public awareness of soaring inequality within countries, it is also important to recognize the deep imbalances across the global financial system.
“It’s going to be a billionaire Thanksgiving.” Wealth of US richest...
“The increases in billionaire wealth continue to defy gravity in the real economy where millions have lost their jobs, health, and livelihoods.”
Labor Day 2020: The power shift
If wealth continues to concentrate at the top, no one will be able to contain the corrupting influence of big money on the American system and the anger it unleashes.
‘What stage of capitalism is this?’ Hedge fund $3 billion richer...
With over 100,000 people displaced by wildfires raging across California, Baupost Group collected more than $3 billion in July after betting on insurance claims against embattled utility company PG&E.
‘Disturbing milestone’: Just 12 US billionaires now own more than $1...
“This is simply too much economic and political power in the hands of twelve people.”
The power elite has always run Amerika
"Who, after all, runs America? No one runs it altogether, but in so far as any group does, the power elite."
Noam Chomsky: Trump is using pandemic to enrich billionaires as millions...
“They’re just running wild.”
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Supreme urgency tests Trump’s claim to immunity amid election countdown
Legal experts and democracy advocates push for a swift Supreme Court decision on Trump’s immunity claims, highlighting potential consequences for presidential accountability.
Trump allies draft plans to seize control over Federal Reserve amid election campaign
Emerging reports reveal a secretive push by Trump supporters to curtail the Federal Reserve's autonomy, threatening the independence of U.S. monetary policy.
Shock and awe at UT Austin as state troopers in riot gear quash student...
An aggressive show of force by Texas state troopers raises questions about the right to peaceful assembly, as students at the University of Texas at Austin face riot gear and arrests during a Gaza solidarity protest.
Should harming mother Earth be a crime? The case for ecocide
The destruction of nature might one day become a criminal offense adjudicated by the International Criminal Court.
Trump faces contempt charges over gag order violations
In a contentious courtroom showdown, former President Donald Trump may face criminal contempt charges as he's accused of flouting a judicial gag order, casting a spotlight on his ongoing legal battles.