Daily Archives: 10.25.2011
How Inequality Has Soared in the US
If you want to get some idea of why the 99 per cent movement has attracted so much support in the US, just take a look at this graph. Over the last thirty years, the share of income taken by the top 1 per cent of Americans has risen from 10 per cent to 23.5 per cent . . . As you’ll notice, from the 1950s onwards, income distribution in the US remained broadly stable until the Thatcher-Reagan revolution. The neoliberal policies pursued by the Reagan administration – tax cuts for the wealthy (the top rate of tax was reduced from 50 per cent to 28 per cent), deregulation and privatisation, led to a dramatic rise in inequality.
Read more . . .
Bank of America Refuses to Let Customers Close Accounts
Sean Faircloth discusses his new book Attack of the Theocrats
Sean Faircloth, Director of Strategy and Policy for the US branch of the Richard Dawkins Foundation for Reason and Science, discusses his new book, Attack of the Theocrats: How the Religious Right Harms Us All—and What We Can Do About It, which examines the crumbling of the United States’ most cherished founding principle—the wall of separation between church and state—and offers a specific and sensible plan for rebuilding the church-state wall. The book also names The Fundamentalist Fifty, current members of Congress who have made some of the most extreme theocratic statements. If they weren’t so scary, they’d be funny.
Watch video here . . .

