| |
Dedicated
to the notion
that our world would be considerably more
caring, prosperous,
and democratic if we narrowed the vast gap
that divides our wealthy
from everyone else. |
|
| |
|
|
| |
 |
|
| |
|
|
|
|
- The Bailout Bill and CEO Pay: Untruth in Advertising
- The newly enacted Wall Street bailout legislation, despite claims to the contrary, does precious little to limit the outrageously extravagant pay rewards that give top executives the incentive to behave outrageously. We explain.
|
- Wall Street's Meltdown: How America Caught Speculative Fever
- To fix the U.S. economy, we don't need a bailout that rescues the rich. We need a bailout that soaks them. Progressives are bringing that message to the corridors on Congress. The story.
|
- Fannie, Freddie, and Failure: The CEO Pay Connection
- Why do respectable enterprises turn into reckless muggers of the American dream? We explore how outrageously high rewards only serve to give top executives an incentive to behave outrageously.
|
- Should Uncle Sam Be Helping CEOs Get Richer?
- The new CEO pay report from the Institute for Policy Studies and United for a Fair Economy tells two stories. The first will remind Americans why they get so angry about CEO pay. The second will get them even angrier. We have more.
|
-
- How much does inequality really matter? The simple answer: Nothing matters more. Each and every Monday, the Too Much email weekly explores just why — with updates on the latest stats, research, and analyses that help explain how staggering income and wealth divides are impacting everything from our health to our happiness. See for yourself. Check the current issue, then subscribe today..
|
|
Stat of the Week
Who should foot the $700 billion bill for bailing out Wall Street? Here's who could foot the bill: Americans with personal fortunes worth at least $20 million. These 47,000 well-heeled souls — less than 0.1 percent of America's total taxpayers — could ante up the entire $700 billion bailout and still be worth, on average, $40.2 million each. |
Quote
of the Week
“Much of the anger at the bailout and financial meltdown stems from the basic fact that we live in a world in which 1,000 people at the top control assets worth double those held by the bottom 2.5 billion, a world in which the top 10 percent own 85 percent of everything.”
David Rothkopf, Carnegie Endowment for International Peace, October 5, 2008
|
|
|
|
