Join Date: May 2004
Location: Behind the steering wheel
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"The upper 1 percent of Americans are now taking in nearly a quarter of the nation's income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. "Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent."
So I discover in a piece by Joseph E. Stiglitz in the new issue of Vanity Fair. These facts confirm my impression that greed is now seen as a virtue in America. I'm not surprised by the greed of the One-Percenters. I'm mystified by the lack of indignation from so many of the rest of us.
Day after day I read stories that make me angry. Wanton consumption is glorified. Corruption is rewarded. Ordinary people see their real income dropping, their houses sold out from under them, their pensions plundered, their unions legislated against, their health care still under attack. Yes, people in Wisconsin and Ohio have risen up to protest these realities, but why has there not been more outrage?
|Ordinary people see their real income dropping, their houses sold out from under them, [when they don't pay their mortgages, duh] their pensions plundered, [plundered?] their unions legislated against, [the unions don't represent "the people" they represent themselves at the expense of those who pay them. In Wisconsin, that's the taxpayers....AKA "the people"] their health care still under attack. [from the federal government, no less] Yes, people [ union special interests] in Wisconsin and Ohio have risen up to protest these realities, but why has there not been more outrage? [because we are happy about it]|
If someone breaks the law, throw them in jail. Otherwise get your hand out of their pocket.
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