Friday, January 21, 2011

1% Controls 43% of Financial Wealth

http://www.mybudget360.com/financial-elite-dismantled-american-middle-class-average-banking-bonus-goldman-sachs-record-homeless/?source=patrick.net#content

excellent article: "How the financial elite have dismantled the American middle class – top 1 percent share of wealth at levels not seen since the Great Depression. Goldman Sachs offering average bonuses of $430,000 while a record 43,200,000 Americans receive food stamps."

THIS LEVEL OF INEQUALITY HAS NOT EXISTED SINCE PRIOR TO THE GREAT DEPRESSION!

AND inequality produces economic instability, as well as social unrest and individual misery!

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