Study: US Is An Oligarchy Not Democracy

By: Tuesday April 15, 2014 10:57 am

From the department of No Duh, a study from Princeton and Northwestern Universities supports the thesis that the United States of America is not a republic in substance but rather an oligarchy where the rich rule and the majority are irrelevant to policy decisions. Studying policy changes between 1981 and 2002 and comparing the different [...]

Charles Koch Offers Public Defense Of Using His Wealth In Politics

By: Thursday April 3, 2014 8:39 am

Charles Koch, CEO of Koch Industries, has offered a public defense of using his massive wealth to influence the political process in his favor. Koch claims he is “fighting to restore a free society.” Koch even went on to claim he is a victim because instead of focusing on his ideas people are noting the [...]

Tom Perkins Calls For End To Universal Suffrage

By: Friday February 14, 2014 9:45 am

Tom Perkins, member and apparently self-appointed spokesman for the top 1%, has moved beyond claiming those that support progressive taxation are Nazis and on to calling for an end to universal suffrage. From a plush chair at the Commonwealth Club of San Francisco, Perkins said those who can not pay taxes should not be able [...]

Document Further Reveals Koch Brothers’ Dark Money Network

By: Thursday February 6, 2014 5:59 am

A document obtained by Mother Jones provides more evidence for a massive and secret funding network designed and maintained by Charles and David Koch. The Koch Brothers hold a closed access event in Palm Springs each year where they discuss how to buy the American political system – a much easier task to complete after [...]

Farm Bill Passes Senate With Cuts To Food Stamps And Giveaways To Monsanto

By: Wednesday February 5, 2014 5:52 am

The Senate has passed the Farm Bill which includes $8 billion of cuts to food stamps and $7 billion of increases to agribusiness. President Obama has said he will sign it into law. Game over. The talking points on the bill are that it changes direct subsidies to farmers with increased crop insurance which is [...]

Lobbying Rules Completely Ineffective At Stopping Revolving Door

By: Monday February 3, 2014 8:29 am

Are you sitting down? The lobbying rules designed to slow down the revolving door have failed. According to the New York Times, an analysis of congressional staffer data has revealed that not only is the practice of government worker-to-lobbyist continuing, the meager ethics rule that do exist are being ignored. Apparently being a “public servant” [...]

Report: 85 Richest People Have More Wealth Than Poorest Half Of The World

By: Tuesday January 21, 2014 5:47 am

According to a new report by Oxfam titled Working For The Few the wealth of the 1% richest people in the world amounts to $110 trillion, or 65 times as much as the poorest half of the world. Notably Oxfam does not buy into the nonsense about technology and education leading to yawning gaps in [...]

Silicon Valley Makes Another Attempt To Dodge Taxes With G20

By: Monday January 20, 2014 8:29 am

Silicon Valley likes to present itself as some hub of boot strapping entrepreneurs, nothing could be further from the truth. The entire economy is built on government subsidies and protection. As Steve Blank notes in his famous presentation The Secret History of Silicon Valley the place would not even exist without the Department of Defense [...]

It’s Official, Congress Is Run By Millionaires

By: Friday January 10, 2014 7:49 am

Next time you wonder why Congress is so out of touch with the average American – don’t. According to financial disclosures, for the first time in history Congress is now majority millionaire. The 1% don’t just own the government, they operate it. Of 534 current members of Congress, at least 268 had an average net [...]

Wall Street Threatening To Withhold Donations After Pope’s Critique

By: Tuesday December 31, 2013 5:41 am

Even when thousands of Americans took to the streets in 2011 protesting inequality and greed in the Occupy Wall Street demonstrations the Wall Street plutocrats appeared completely unshaken in their belief that their power and privileges were legitimate, that they were right and just. To their mind the protesters were just envious of their success [...]

As Nation’s Income Gap Widens DC Sees Boom Times

By: Monday November 18, 2013 7:59 am

It was the best of times, it was the worst of times. As poverty and unemployment numbers are revised upwards and the nation’s income gap widens, DC is having boom times as the Dow crosses 16,000. Truly a tale of two economies with a 9.9 out of 10 chance that you aren’t in the one [...]

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