Danger: Income Inequality Threatens National Stability
Income inequality has become so severe in this nation that people in Really Important Positions (except for most Republicans in Congress) are starting to take note—and issue warnings.
Income inequality has become so severe in this nation that people in Really Important Positions (except for most Republicans in Congress) are starting to take note—and issue warnings.
When reckless trading on Wall Street crashed the global economy, American taxpayers bailed out the Big Banks to the tune of $4.7 trillion. That is trillion with a “T”.
In the biggest demonstration since the Occupy Wall Street protest began Sept. 17, New York City union members, college students and other activists joined the protesters yesterday evening for a march and rally that was several thousand strong, according to news reports.
Watch AFL-CIO President Richard Trumka in a live webcast at the Take Back the American Dream conference here at Free Speech TV today at 1:30 EDT.
Dave Johnson, a fellow at the Campaign for America’s Future, sends us this.
At another great Take Back the American Dream conference session this morning, panelists discussed how the nation doesn’t just need millions of new jobs, but it needs jobs that pay well and enable workers to support themselves and their families.
Three years into the nation’s brutal recession, America’s workers continue to suffer from massive joblessness, skyrocketing foreclosures and weak buying power. But Wall Street—with corporations sitting on $2 trillion in cash—hasn’t paid for its role in causing the near-collapse of the U.S. economy.
The greed of large banks and Wall Street firms has wrecked our economy, wiping out pensions and portfolios, throwing us into a recession, costing us millions of jobs and squandering American productivity.
Nurses across the country, members of National Nurses United (NNU), are calling on elected leaders to enact a “Main Street Contract for the American People.”
NNU Co-President Jean Ross said the contract is a care plan to cure America. The plan is designed to stop economic decline and protect American families. It calls for jobs at living wages, guaranteed health care for all and equal access to quality education, schools, good housing, protection from hunger, a secure retirement for everyone, a clean and safe environment and a fair and just tax system in which Wall Street and those with the most wealth pay their fair share.
When the Statue of Liberty got “sick” over what’s happening to her country, the nation’s nurses rushed to New York City to try and help her get well.
Members of National Nurses United (NNU) and other working men and women will march and rally on Wall Street today to demand that the high rollers in the finance capital of the world pay to rebuild the economy they destroyed.
Last week, we told you how 44 U.S. senators are fighting to keep consumer and working family advocate Elizabeth Warren out of the top spot of the Consumer Financial Protection Bureau (CFPB), created by last year’s landmark Wall Street reform legislation.
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