Theoligarchy Watch, Rich & Poor Dept - Sunday, May 15
lots going on, none of it in favor of working men and women...
"I see how my grandparents were able to get by, but my husband and I just struggle from paycheck to paycheck," she said. "I don't have a pension and I'm not expecting Social Security to hold up long enough for me. Where is all the government's money going? Who is it benefiting? Nothing is benefiting me."
and the rich keep getting richer...
(more)
Who was the highest-paid executive at a major domestic airline last year, taking home $1.1 million in salary and bonus? [-] Glenn F. Tilton, the chief executive of United Airlines, which has been operating in bankruptcy since December 2002. [...] And he is still not sure when United will get out of bankruptcy.
the amount of attention united has gotten in the msm recently, most of it negative, has infuriated me beyond words... where was the interest in united when the self-centered assholes were running it into the ground in 1999-2000...? now that the roof is about to fall in on the poor bastards that are still trying to earn their living working there (and working damn hard too, i might add), here comes the msm with oh-so-much interest and compassion... like i said the other day, you sanctimonious pricks can go fuck yourselves (or words to that effect)... (my thoughts on glenn tilton aren't printable here...)
and, for those with ambition to be a robber baron, oops, i mean a glenn tilton someday, it's not looking good...
[N]ew research on mobility, the movement of families up and down the economic ladder, shows there is far less of it than economists once thought and less than most people believe. [...] Mobility is the promise that lies at the heart of the American dream. It is supposed to take the sting out of the widening gulf between the have-mores and the have-nots.
and the money quote...
"Being born in the elite in the U.S. gives you a constellation of privileges that very few people in the world have ever experienced," Professor Levine said. "Being born poor in the U.S. gives you disadvantages unlike anything in Western Europe and Japan and Canada."
followed by the money stats...
The after-tax income of the top 1 percent of American households jumped 139 percent, to more than $700,000, from 1979 to 2001, according to the Congressional Budget Office, which adjusted its numbers to account for inflation. The income of the middle fifth rose by just 17 percent, to $43,700, and the income of the poorest fifth rose only 9 percent.
meanwhile, it doesn't look like we will ever know who all met with uncle dick to chart our energy future (and conspired to get richer in the process?)...
[H]aving now achieved his legal victory, nothing stops Mr. Cheney from voluntarily coming clean about the secret deliberations of his task force. [The secretive workings of the energy task force Cheney headed early in President Bush's first term]. Just don't hold your breath. Submit To Propeller
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"I see how my grandparents were able to get by, but my husband and I just struggle from paycheck to paycheck," she said. "I don't have a pension and I'm not expecting Social Security to hold up long enough for me. Where is all the government's money going? Who is it benefiting? Nothing is benefiting me."
and the rich keep getting richer...
(more)
Who was the highest-paid executive at a major domestic airline last year, taking home $1.1 million in salary and bonus? [-] Glenn F. Tilton, the chief executive of United Airlines, which has been operating in bankruptcy since December 2002. [...] And he is still not sure when United will get out of bankruptcy.
the amount of attention united has gotten in the msm recently, most of it negative, has infuriated me beyond words... where was the interest in united when the self-centered assholes were running it into the ground in 1999-2000...? now that the roof is about to fall in on the poor bastards that are still trying to earn their living working there (and working damn hard too, i might add), here comes the msm with oh-so-much interest and compassion... like i said the other day, you sanctimonious pricks can go fuck yourselves (or words to that effect)... (my thoughts on glenn tilton aren't printable here...)
and, for those with ambition to be a robber baron, oops, i mean a glenn tilton someday, it's not looking good...
[N]ew research on mobility, the movement of families up and down the economic ladder, shows there is far less of it than economists once thought and less than most people believe. [...] Mobility is the promise that lies at the heart of the American dream. It is supposed to take the sting out of the widening gulf between the have-mores and the have-nots.
and the money quote...
"Being born in the elite in the U.S. gives you a constellation of privileges that very few people in the world have ever experienced," Professor Levine said. "Being born poor in the U.S. gives you disadvantages unlike anything in Western Europe and Japan and Canada."
followed by the money stats...
The after-tax income of the top 1 percent of American households jumped 139 percent, to more than $700,000, from 1979 to 2001, according to the Congressional Budget Office, which adjusted its numbers to account for inflation. The income of the middle fifth rose by just 17 percent, to $43,700, and the income of the poorest fifth rose only 9 percent.
meanwhile, it doesn't look like we will ever know who all met with uncle dick to chart our energy future (and conspired to get richer in the process?)...
[H]aving now achieved his legal victory, nothing stops Mr. Cheney from voluntarily coming clean about the secret deliberations of his task force. [The secretive workings of the energy task force Cheney headed early in President Bush's first term]. Just don't hold your breath. Submit To Propeller
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posted by profmarcus at
5/15/2005
