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View Diary: Joseph Stiglitz' Latest Must-Read: "Inequality Is Holding Back The Recovery" (113 comments)

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  •  AT&T tried to buy TMobile for (16+ / 0-)

    thirty-four billion in cash, no bank loans, all cash.  Currently most of their workers are temps making just above minimum wage w/o benefits.

    Corps have almost two trillion dollars in cash on hand and this doesn't include the wealth of the Koch's, Walton's, de Vos', Petersons', Simmons etc.

    The Walton family owns as much as the bottom one hundred-fifty million Americans.

    Pete Peterson spent almost five hundred million dollars in four years trying to subvert SS and Medicare.

    The Koch's spent the same, as did the de Vos'(Amway, while moving the company offshore) and the Simmons etc.

    One tenth of one percent stole almost all of America's productivity over the last thirty years.

    The combined wealth of a few dozen families has enslaved workers.

    Five corporations w/interlocking directorates control almost all information.

    The lives of these sociopaths is secret.  Their names and
    actions need to be publicized minute by minute.  Shine spotlights on them.

    Doctors need to diagnose them as insane and a clear and present danger to humanity.

    We are impotent.

    •  They're hoarders (3+ / 0-)
      Recommended by:
      Gorette, gooderservice, elwior

      Maybe the network who does that show could do one on this group?

      The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people. - 9th Amendment

      by TracieLynn on Sun Jan 20, 2013 at 08:15:50 AM PST

      [ Parent ]

      •  lol. Presents striking image of rooms piled floor (2+ / 0-)
        Recommended by:
        gooderservice, elwior

        to ceiling with cash, in the Caymans and Switzerland, etc., and the Walton heirs sitting there in their fancy pj's with furs thumbing through their hoards.

        "extreme concentration of income is incompatible with real democracy.... the truth is that the whole nature of our society is at stake." Paul Krugman

        by Gorette on Sun Jan 20, 2013 at 08:31:04 AM PST

        [ Parent ]

      •  You mean like this (2+ / 0-)
        Recommended by:
        pgm 01, elwior

        Gandhi's Seven Sins: Wealth without work; Pleasure without conscience; Knowledge without character; Commerce without morality; Science without humanity; Worship without sacrifice; Politics without principle

        by Chris Reeves on Sun Jan 20, 2013 at 09:10:10 AM PST

        [ Parent ]

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