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We're Not Broke, Just Twisted: Extreme Wealth Inequality in America

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 05:21 PM
Original message
We're Not Broke, Just Twisted: Extreme Wealth Inequality in America
 
Run time: 02:17
https://www.youtube.com/watch?v=rpbRXXntGM8
 
Posted on YouTube: May 19, 2011
By YouTube Member: InstPolicyStudies
Views on YouTube: 288
 
Posted on DU: May 19, 2011
By DU Member: Donnachaidh
Views on DU: 2290
 
Unnecessary Austerity, Unnecessary Shutdown
By Chuck Collins, Alison Goldberg, Scott Klinger, Sam Pizzigati

Reversing tax giveaways to the super-rich and the nation's largest corporations could raise $4 trillion within a decade and avert possible government closures.

"We're broke."

Or so claim governors and lawmakers all over the country. Our states and our nation can no longer afford, their plaint goes, the programs and services that Americans expect government to provide. We must do with less. We need "austerity."

More at the link --
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 06:21 PM
Response to Original message
1. Extremely twisted. - K&R n/t
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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 06:58 PM
Response to Original message
2. Thank you.
Doesn't America have the largest wealth disparity of any industrialized nation? Even China?
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chervilant Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 07:14 PM
Response to Reply #2
3. Yes. n/t
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PDJane Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 07:15 PM
Response to Reply #2
4. Yes. It does.
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-19-11 10:16 PM
Response to Original message
5.  In my many travels to Belle France, I recall a particularly hospitable bistro
In which I saw the most delightful guillotine! Tres charmant!
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classysassy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-20-11 12:21 AM
Response to Original message
6.  The wealthy spend billions to protect their ill gotten gains
Those dishonest,evil,greedy bastards have spent $$$$$$$$$$$$$$$$$$$$ to protect their ability to evade paying their fair share of tax while using the government to enhance their ability to steal and plunder without detection,they have lied and bribed our elected officials,they have committed high crimes and treasons and gone without punishment,they have pitted us against each other to cover their crimes and they laugh all the way to the banks."Oh what fools we mortals be".We need to flood our elected reps with the one message they all understand,"We are mad as hell and we are not going to take it any more".
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Witt78 Donating Member (20 posts) Send PM | Profile | Ignore Fri May-20-11 01:08 PM
Response to Original message
7. One or the other. Pick one...
Quantitative Easing... Capitalist speak for, "Printing loads of money and giving it to bankers."

You can't be broke AND print trillions of dollars at the same time.

~End Rant~
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-20-11 10:09 PM
Response to Reply #7
8. welcome to DU! n/t
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FarLeftFist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-22-11 04:25 PM
Response to Original message
9. Kicking this back up!
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