Obama Backs Away From Inequality Debate To Comfort Corporate Democrats

By: Monday July 7, 2014 7:44 am

Months ago it was “the defining issue of our time”  today it’s a hazy memory of a dreamy talking point. According to the Washington Post, President Barack Obama has “largely abandoned” talking about wealth inequality in America to appease corporate Democrats worried about losing support from the wealthy contributor class. So instead of taking on [...]

Poll: Americans No Longer Believe In American Dream

By: Wednesday December 11, 2013 8:44 am

With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the “land of opportunity” meme, long established irrespective of evidence, has finally been smothered by the realities of plutocracy. The widening gap [...]

80 Percent Of Americans Near Poverty As Obama Laments Less Mobile Society

By: Monday July 29, 2013 6:56 am

According to a new survey made available to the Associated Press, 80 percent of U.S. adults struggle with poverty and diminished opportunities. An amazing statistic given America’s position as the richest country in the world and a thorough reality-based indictment of the American Dream mythology. A reality even President Obama, a skilled politician at preying on [...]

Colleges Pushing Poor Students Into Debt To Give Aid To Rich Ones

By: Thursday May 9, 2013 9:47 am

A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than open doors for poorer ones, forcing poorer students to either not attend or take on high debt burdens. Undermining Pell presents a new analysis [...]

TARP Watchdog Reports Treasury Allowed Excessive Bonuses

By: Tuesday January 29, 2013 8:44 am

In a new report the Special Investigator for TARP cites the Treasury Department for allowing excessive pay to bailout companies: SIGTARP found that once again, in 2012, Treasury failed to rein in excessive pay. In 2012, OSM approved pay packages of $3 million or more for 54% of the 69 Top 25 employees at American [...]

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