Rich People Feel Poor If They Have Less Than $5 Million
Via ThinkProgress, a survey of investors reveals the self-perception of the affluent in our deeply unequal society. More than two-thirds of millionaires do not feel that they are wealthy, and...
View ArticleContracts With Workers Vs. Contracts With Banks
When are contracts ironbound, and when are they optional? Via the Center for Economic & Policy Research, Dean Baker writes: The debate over public pensions clearly shows the contempt that the...
View ArticleSwitzerland To Vote On Radically Limiting CEOs’ Pay Nationwide
Most likely with fists clenched and all the blood drained from its face, the Wall Street Journal reports: Switzerland is expected to vote later this year on a proposal to place further limits on...
View ArticleRich Kid Kills Four Pedestrians While Driving Drunk And Gets Probation...
If for some inexplicable reason you didn’t think that America had two justice systems – one for the rich and one for everyone else – then this should cure you of that delusion: Via Time: For most...
View ArticleA Majority Of Congress Members Are Now Millionaires
Are we on our way to a point at which being a millionaire will become virtually a prerequisite for pursuing any important political position? Via CNN: For the first time ever, more than half of current...
View Article85 Wealthy Elites Have As Much Wealth As Half The World’s Population
A group that could easily fit on a single subway car. Via the Guardian: The extent to which so much global wealth has become corralled by a virtual handful of the so-called ‘global elite’ is exposed in...
View ArticleWhy The Rich Are Freaking Out
Politico‘s Ben White tells us that the 1%, the super wealthy elite, are having a collective meltdown at the prospect of less favorable attitudes and laws targeting them: The co-founder of one the...
View ArticleAffluenza Teen Again Given Probation For Drunk Driving Slaughter
Photo: WFAA Disinfonauts may recall with disgust an earlier post “Rich Kid Kills Four Pedestrians While Driving Drunk And Gets Probation Because of ‘Affluenza.’” Now that same rich kid, Ethan Couch,...
View ArticleWhat Wealth Does To Your Soul
“Getting rich won’t make you happy. But it will make you more selfish and dishonest,” says Michael Lewis at New Republic via The Week: …What is clear about rich people and their money — and becoming...
View ArticleAmerican Gold Cross: Help For The Wealthy
Please hurry, houses are getting bigger every day. A comedy sketch by The Bilderbergers via Laughing Squid.… Read the rest The post American Gold Cross: Help For The Wealthy appeared first on...
View ArticleAre We Headed Toward An Economy Based Around Serving Rich People?
Via Alternet, Sam Pizzigati ponders the jobs of the future, with masses clamoring for the opportunity to cater to the rich: We’re well on the way to becoming a full-fledged “servant economy.”... The...
View ArticleOn The Lucrative Careers Of Former Politicians
The New York Times on what becomes of our leaders after leaving office: they are showered with wealth by the financial industry. Don’t pity Mitt Romney, as he is likely in for... The post On The...
View ArticleAustralian Billionaire Orders 117 Animatronic Dinosaurs For Jurassic...
With so many very rich people in the world, why has it taken so long for someone to do this? Via the Australian: Clive Palmer is a giant step closer to creating... The post Australian Billionaire...
View ArticleThe United States’ Capitals Of Inequality
Pueblo Lands on the areas of the U.S. pushing economic disparities to new extremes: Welcome to the San Francisco Bay Area. The epicenter of the tech industry. The global vortex of venture... The post...
View ArticleStudy Reveals Rich And Poor People Have Different Chemicals In Them
Rich people’s bodies are filled with mercury, poor people’s with lead and plastics, Gizmodo reports: New research from the University of Exeter looks at the association of 18 different chemicals in...
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