Category Archives: Super Rich

Stephen King, taxes and charities

Stephen King, taxes and charities What’s wrong with charities?  Well, nothing in themselves; people want to help others in difficulty and do so every day. It’s just that in a modern capitalist world, charity has been usurped into a business that … Continue reading

Posted in Finance Capital, Political Economy, Poverty, Super Rich | Tagged | Leave a comment

Ted Rall: Shared Sacrifice

Shared Sacrifice from Ted Rall’s Rallblog by Ted Rall The country is broke! Now it’s time for everyone, rich and poor, to roll up their sleeves (if they have any) and pitch in.

Posted in Super Rich, US Economy | Tagged | Leave a comment

Downgraded US Credit Rating: What comes of Coddling the Super-Rich

Downgraded US Credit Rating: What comes of Coddling the Super-Rich from Informed Comment by Juan The decision of Standard & Poor to downgrade the credit rating of the United States of America from AAA to AA+ was clearly based on uncertainty in two major … Continue reading

Posted in Collapse, Corporations, Corruption, Decline, Deficit, Finance Capital, Super Rich, US Economy, US Electoral Politics | Leave a comment

Sound and Fury: Americans Actually Lightly Taxed

Sound and Fury: Americans Actually Lightly Taxed from Informed Comment by Juan 1 person liked this The following chart is a slightly shortened version of the one at The Globe and Mail, which demonstrates that US tax rates are among the lowest in the … Continue reading

Posted in Corporations, Corruption, Finance Capital, Super Rich, US Economy | Leave a comment

In the Belly of the Beast: 6/18/11: Senior White House aide: 1996 Obama gay marriage questionnaire is a fake, even though Obama signed it

INDEX (full text of stories follow Democracy Now headlines) Boots Hovering Above the Ground from Ted Rall’s Rallblog by Ted Rall The War Powers Act requires the president to get Congressional approval for military action within 90 days. Obama says Libya isn’t a … Continue reading

Posted in Background & Analysis, Civil Liberties, Events, Gay & Lesbian Rights, Labor, Obama, Super Rich, US Economy, US Electoral Politics | Leave a comment

Hedge fund king John Paulson earns more per hour than most Americans in a lifetime—and he pays a lower tax rate

Hedge fund king John Paulson earns more per hour than most Americans in a lifetime—and he pays a lower tax rate from AMERICAblog: A great nation deserves the truth by Gaius Publius 1 person liked this This is about closing that monster “hedge … Continue reading

Posted in Events, Super Rich, US Economy | Leave a comment

The Great Switch by the Super Rich

The Great Switch by the Super Rich from Robert Reich 14 people liked this Forty years ago, wealthy Americans financed the U.S. government mainly through their tax payments. Today wealthy Americans finance the government mainly by lending it money. While foreigners own most of our national debt, over 40 percent is owned by Americans – … Continue reading

Posted in Background & Analysis, Political Economy, Super Rich, US Economy | Leave a comment