12/22/2006

Trickle Down Economics Ain't Trickling


The Ri$e of Plutocracy and Corporate Rule

“We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both.”
- Supreme Court Justice Louis B. Brandeis

---
The richest 1 percent of Americans now have more income that the bottom 96 million. The richest 1 percent owns nearly half the country's wealth. The top 10 percent owns 80 percent of the wealth. The Census Bureau reports the gap between rich and poor is the largest in 75 years, just before the Great Depression.

---
This ideal has degraded to a “greed is good” philosophy and the Ronald Reagan drivel that “government is the problem.” Add the many politicians that are bought by corporate America through campaign donations and the result is legislation that is transforming the U.S. from a democracy to a plutocracy where the rich rule.

---
“Poverty is the parent of revolution and crime?”
- Aristotle

Read more

1 comment:

AndyRand said...

George Bush Sr. was right. It's voodoo.