The Rich, And Everybody Else

| March 21, 2014

It’s no secret that the rich are only getting richer, and everyone else is heading the other way. At some point, the rich will sink their boat.  Just a matter of time!  So….The U.S. Income Gap has now soared to the widest gap since the “Roaring 20’s”.  Yep, 10% of the population now make over 50% of all earned income! […]

Hard To Believe…..But True

| May 27, 2013

Here are some statistics that seem unbelievable….. An astounding 53 percent of all American workers make less than $30,000 a year. In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined. The six heirs of Wal-Mart founder Sam Walton have as much wealth […]

The Rich Get Richer, And ….Well, You Know The Drill

| April 23, 2013

It’s now a rich mans world, but it wasn’t always this way! As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% […]

Ding Dong…Sometimes They Really Do Ring A Bell At The Top!

| June 11, 2012

Fed Says U.S. Wealth Fell 38.8% in 2007-2010 because of Housing….Duh! The financial crisis wiped out 18 years of gains for the median U.S. household net worth, with a 38.8 percent plunge from 2007 to 2010 that was led by the collapse in home prices, a Federal Reserve study showed. Median net worth declined to $77,300 in […]

Rich Man… Poor Man

| March 30, 2012

So, this is how things looked at the top of the real estate and stock market….how do you think they look now? We’re thinking not any better for the average person.

In The Luxury Auto Market, Records Are Made To Be Broken…And Then Some!

| January 10, 2012

This is truly a statement about the rich.  Let’s clarify that, the very rich. Porsche has its biggest backlog ever. Buyers of the 263,000-euro ($335,667) Lamborghini Aventador will have to wait more than a year for delivery, while demand for the 107-year-old Rolls-Royce brand (at $246,000 to $380,000 each) is breaking all time records.  Sales of […]

So Let’s See…. Who Are The 1 Percent?

| January 8, 2012

Corporate Returns Are ‘Terrific’ As U.S. Workers Suffer Big Time

| November 15, 2011

From the master himself,  Warren Buffett…“Through the tax code, there has been class warfare waged, and my class has won,” Buffett said. “It’s been a rout. You have seen a period where American workers generally have gone no place, and where the really super rich as a group increased their incomes five for one in […]

Steve Wynn With Another Epic Anti-Obama Rant

| October 19, 2011

We think most everyone respects Steve Wynn, the famous Las Vegas developer…but maybe even more so now!  Here anew are Steve Wynn’s own words on Prsident Obama, “You cannot sustain these deficits, you cannot undercut the people that form the jobs and create the employment in this country.  Now, that is simply a statement of fact. It isn’t a partisan political pitch.”  “It’s […]

The Top 1%

| April 7, 2011

The top 1 percent have over 40 percent of all financial wealth in this country. And…The top 1 percent has never done so well in relative terms.  In fact we would have to go back to the years prior to the Great Depression to find such a glaring divide with income inequality: Source:  Center on […]

A Broken System…Bottom 90% Of Americans Average $31,244 In Income!

| February 22, 2011

How Rich Are The Superrich A huge share of the nation’s economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244.

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