Yesterday, the 10-year Treasury note hit its lowest interest rate in history. For the third day in a row. Why is this happening? Will the trend continue? What does it mean for the middle class?
Today marks 11 years since the Bush tax breaks for the rich were enacted, which have yielded the most unequal distribution of wealth in American history, more unequal even than that of 1929, just before the Great Depression.
Evidently, Dick Cheney and Mark Levin believe deficits are a terrible tragedy when a Democrat is President, and a wonderful gift when a Republican is President.
In the greatest economic crisis that the United States has faced since the Great Depression, the rich barely lost a nickel. But the poor definitely got poorer. And people in the middle were crushed.
The U.S. Supreme Court has created a system of campaign finance where dirty money is king. Just watch in the next few months as that tsunami of dirty money washes over the American political landscape.