I don’t know why so many in the media are too dense to understand why people are so pissed off and deciding to occupy Wall Street. It is very simple. The banking industry has been playing craps with our money and a fixed roll of dice.
Our own government provides documentation of the unfairness of our system.The CIA World Fact Book is a wonderful compendium of information. They publish an index that measures the degree of inequality in the distribution of family income in a country. According to our government’s own figures, the United States is more unequal a society than either Tunisia or Egypt.
(When you read the chart, remember that the bigger the GINI index the more unequal a country’s income distribution).
Somehow, the news people “get” the frustrations of the people in the streets of Egypt but want to hold their heads in the sand about the frustration driving protests here.I avoid tv news now….it just makes me want to stick pins into voodoo dolls.
Some more depressing figures…..
The 400 wealthiest Americans have a greater combined net worth than the bottom 150 million Americans.
The top 1 percent of Americans possess more wealth than the entire bottom 90 percent.
We have allowed the mis-regulated financial system lead us toward catastrophe. And adding insult to injury, today it is reported that Citigroup Earnings Rise 74% to $3.8 Billion!
At this point I’m ready for Dylan Ratigan to run for president…..at least he is in tune. Watch this video: