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Thursday, January 18, 2007

77 - Worsening Income And Wealth Inequality That Might Even Make A Right-Winger Blush (If They Were Capable Of Feeling Shame)

Today, we're going to present some data about income and wealth distribution that you've probably never before seen brought together in one place. Make sure your seat belt is securely fastened.

For example, let's take the wealthiest 1/10 of one percent of all Americans. There are 130,500 such taxpayers.

They have more income than the 120 million Americans at the bottom.

Nice, huh?

How about wealth?

The 400 richest Americans are all billionaires.

Would you believe that they have as much wealth as the entire bottom half of the nation?

Yes, these 400 families have as much wealth as 57 million other American families.

And globally, the situation is even worse.

Listen to the podcast for more details.

(PS: Right-wingers, if you want to write in to me, fine, but at least do me the courtesy of listening to the podcast first, and don't respond just on the basis of the brief written summary above. Thanks!)

Jack Clark 4:30 PM [+]
Post #116916570761793059


Comments:  This section is for listeners. To receive a reply from Jack Clark, you should call the comment line.


YOu say the job of these managers and the bankers in those investment firms is just to manipulate the money ,with out doing some real work, What does it take to get a job like this and can an ordinary american can leave through this dream. Have you ever tried to become one and how many americans try for that?
posted by Anirban  1:46 AM   [+]
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Great podcast - a must listen to
Jack Clark documents the right's wars on the poor, civil liberties, the right of workers to organize at work and obtain a decent working wage and work conditions, and against other countries who refuse to accept American domination. Jack provides all the sources so that you can see for yourself how the right is out to enrich itself at the expense of everyone else. Great job, Jack!
Submitted By: magyarbill
 
awesome show
Clark always backs up his statements against the right wing with fact and data, which gives him all the more credibility. As conglomerate media controlled by politics clouds the mainstream news media, Jack Clark, along with NPR and Democracy Now! have become my primary news source. Awesome podcast!
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In-Depth, Meaty, Hardcore Knowledge
This podcast is not just entertainment, humor, chimp-bashing, or gee-whiz recap of the weeks events. Instead, it hits hard and in-depth on the world economic situation and how right-wing policies impact the poor and less advantaged all over the world. He examines Americas support of the World Bank, IMF,multinational corporations, etc., and connects the dots. This is a podcast for grown-ups. He gives good reasons why the right wing is NOT living up to its precious Bible, without putting down the Bible. As a Jesus-loving Christian and moderate Democrat, I respect this podcast for its subject matter. The grown-up manner of the speaker is just icing on the cake. He IS funny, but hes not trying to be, he just has a deadpan delivery but doesnt have to make jokes to make it interesting. The facts make it interesting and devastating.
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A Breath of Fresh Air
Jack Clarks Blast the Right podcast is truly a breath of fresh air when it comes to political commentary. Jack is not like some commentators who simply climb on their soap box and state their own opinions as fact. Instead, Jack welcomes competent challenges to his way of thinking, and with logical analysis and sound research, debunks the lies, distortions, and self-deceptions of the right wing. I strongly recommend Blast the Right for people who seek the truth and care more about the long term health and well-being of the whole citizenry than the short term personal gain advocated by modern conservatives. Listen as Jack carefully shows how the high-sounding "God and country" rhetoric of the right wing is really just a smokescreen for policies that ultimately lead only to the increased misery, suffering, and death of the less fortunate for the particular benefit of the wealthy and the well-connected. And, if you find yourself in agreement, return to Podcast Alley to place your vote! Thanks!
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