Tag Archives: Rich

Class warfare

Republicans put their heads together and decided the biggest problem facing America is … … Drumroll please … Rich people don’t have enough money!: The [the House Republican budget] plan would condemn millions to the ranks of the uninsured, raise health costs for seniors and renege on the obligation to keep poor children fed. It […]

Why the rich have all the money and pay lower taxes than ever

From Robert Reich: The American economy is more than twice as large now as it was thirty years ago. So where did the money go? To the top. The richest 1 percent’s share of national has doubled – from around 9 percent in 1977 to over 20 percent now. The richest one-tenth of 1 percent’s […]

When do the rich get to sacrifice?

According to rich conservative pundits, government employees need to sacrifice for the good of over-stretched government budgets around the country. Well, what about the huge tax cut you ***holes got in December? When are you going to sacrifice?

The masochists are the real problem

(Updated Below) The folks at Balloon-Juice are ripping Andrew Sullivan a new one over a recent comment he made about liberals and taxes on the rich: Why are so many on the left incapable of acknowledging that many people who are rich – but, of course by no means all of them – earned it […]

What it’s like in Gaza for the Palestinians

It’s easy to dismiss the Israeli/Palestinian conflict as a battle between civilized Westerners and barbaric terrorists. However, it’s better to think of it as a battle between the relatively rich Israelis and slum dwelling Palestinians. The Israelis live a lot like us and the Europeans whereas the Palestinians live like this: Israeli patrols tightly enforce a […]

Bailing out the rich: Your $$ and Bear Stearns

CNBC is reporting that the Treasury has offered to pay the Fed for any losses they incur in the Bear Stearns buyout. (h/t Shaun Mullen) So let’s get this straight, some investment banks made a bunch of risky deals, essentially investing in worthless loans. Those deals went south, and now, instead of the market doing […]