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The United States division of wealth is becoming greater, while our ability to maintain a standard of living is dropping. This division could be one of the largest threats to Democracy that is being ignored.
Today, many of you who don’t play the lottery, may decide to plunk down a buck or two on the “MegaMillions” for a chance to win $540 million. In their “how to play” section, it doesn’t take that long to tell you what you have to do to win- “MegaMillions tickets cost $1.00 per play. [...]
The news about the economy is good (according to Nan Whaley and Matt Joseph and national statistics) with very modest job growth. But the real question is what kind of jobs are we creating? I have a friend with a terminal degree in his field, working two jobs, one at Wright State, another at UD [...]
Where did the money go? Enron, AIG, MCSi, IMF Global. All massive failures, where the shareholders, pensioners, and even government operations who hold investment portfolios with our tax dollars were left holding the bag. While a few may have gone to jail, the fact is that the people who were robbed, weren’t made whole. And [...]
“Principles have no real force except when one is well fed.” Mark Twain Politicians used to understand this. Promises of a better tomorrow, with jobs, a standard of living higher than it is today- were standard campaign promises. Now, we have “hope” and “change” with no promise whatsoever. If we likened life to a game [...]
Let’s see- GE pays no corporate taxes. We have hedge fund managers collecting billions a year- while making the global economy fail. Angelo Mozilo gets to pay back a pittance of his pay in return for throwing millions of Americans into foreclosure- but no criminal prosecution. Ignore the 10% unemployment figures, ignore the US workers [...]
While Bill Nuti is being wined and dined by our elected leaders and paid a princely sum for losing value of a once great company, the effects of his actions are killing the people who still have no choice about paying the taxes that support our government. First, the taxpayers in N.Y. were hit for [...]
Diplomacy- an art that got lost with the huge amounts of money required to run for office in America. Now, we have people who believe politics are war- and superior firepower wins. The sad part is that in this country- almost any idiot can acquire a gun, and create their own movie, starring themselves on [...]
For all the game playing on Wall Street- and in Congress, there really hasn’t been any serious discussion on how to get U.S. companies to stop hoarding cash and doing M&A. And the talk about tariffs on trading partners gets squashed the moment that you realize it will raise prices on everything in the U.S.- [...]