Sunday, October 2, 2011

money and politics

Stunning Statistics of the Week:
  • 12: Number of members of the supercommittee charged with reducing the debt 
  • $41 million: The amount the supercommittee lawmakers have received from the finance, insurance and real estate sector while they have been in Congress 
  • $900,000: The amount given by JPMorgan Chase, Bank of America and Wells Fargo alone to these members

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As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.