Just the Sin City Saint THINKING OUT LOUD!
The six largest banks now have assets equivalent to 61 percent of our gross domestic product, over $9.8 trillion. They underwrite more than half the mortgages in the country and issue more than two-thirds of all credit cards.
To Counter Rise of Oligarchy, Sanders Pitches Progressive Economic Vision
In a speech on the Senate floor on Tuesday morning, Sen.
For the life of me I can not understand why people keep supporting politicians who have been bought and paid for by the likes of the Koch brothers and the oil and gas industry.
“$100 from 2 million people … a total of $200 million … is 20 percent of what the Koch brothers themselves are prepared to spend. … Maybe the game is over. Maybe they have bought the United States government. Maybe there is no turning back. Maybe we’ve gone over the edge. I don’t know. I surely hope not.
Global deals like the Trans Pacific Partnership will boost the profits of Wall Street and big corporations, and make the richest 1 percent even richer.
But they’ll bust the rest of America
How Trade Deals Boost the Top 1% and Bust the Rest
Suppose that by enacting a particular law we’d increase the U.S.Gross Domestic Product. But almost all that growth would go to the richest 1 percent. The rest of us could buy some products cheaper than before.