Forum Post: Top 1% hold over 51% of income growth
Posted 13 years ago on Oct. 7, 2011, 4:59 p.m. EST by kspencer
(0)
from Jacksonville, FL
This content is user submitted and not an official statement
http://elsa.berkeley.edu/~saez/saez-UStopincomes-2008.pdf http://www.aflcio.org/corporatewatch/paywatch/
The average CEO of the S&P500's corporation list made over $11.35 million last year. The top 300 CEO's combined could support over 100,000 median-waged workers.
I hate to do this to myself but we really exacerbate not being taken seriously: the NFL took in almost $9 Billion as as sports firm (or sheer entertainment in other words) and more people vote for American Idol than for the elected officials we all seem to have such a problem with. Lets get real folks. Pay your taxes, know where that money is going, and know who's spending and receiving it. If you don't like any of those things, run for office (but try to refuse large corporate donations for your cause, that's just tacky).
Obamas' 2012 Finance Director is the son of BANK OF AMERICAS former CEO.... the guy who got us in this mess!!! Keeping it all in the Family
The problem is, we no longer have a democracy. Our political system is controlled by Wall Street. Voting doesn't work. We voted in Obama, who looked promising, but look what happened. Nothing.
We need to take back the economy. We need to withdraw our money from Wall Street. I'd like to see the 99% start a non profit bank(national credit union). There is strength in numbers. This is the only way to take down Wall Street.