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1 Percent

This WSJ Chart About Taxing The Rich Doesn't Tell The Whole Story

The Huffington Post | Emily Cohn | Posted 04.14.2014 | Business

The Wall Street Journal trolled the private-jet set this weekend, warning the wealthy of the "sticker shock" of soaring taxes. But fear not, rich peop...

The War on Democracy: SCOTUS Weighs In

Bob Burnett | Posted 04.11.2014 | Politics
Bob Burnett

The Republican plutocratic agenda couldn't work without millions of dollars in unrestricted conservative funding. Thanks to the Republican majority in the Supreme Court, all the barriers against big money and guarantees of political fairness are being dismantled.

Building the New Populism

Bob Burnett | Posted 04.04.2014 | Politics
Bob Burnett

Although Americans are concerned about lots of issues -- the minimum wage, decent jobs, healthcare, education, and protection of the environment, to name only a few -- what they crave is a reassertion of fundamental American values: fairness, justice, and equal opportunity for all.

The Average Cash Bonus On Wall Street Is Now More Than $164,000

Reuters | Posted 03.12.2014 | Business

NEW YORK (Reuters) - Wall Street's cash bonus pool rose 15 percent to $26.7 billion in 2013 as average cash bonuses hit the third highest on record at...

Former Romney Adviser Explains That The Rich Are Basically Superheroes

The Huffington Post | Mark Gongloff | Posted 02.18.2014 | Business

Robert Downey Jr. is wealthy, therefore all wealthy people are Robert Downey Jr. If you submitted that argument to your logic professor, you would ...

Bill de Blasio Lifts the Left

Brent Budowsky | Posted 04.15.2014 | Politics
Brent Budowsky

Bill de Blasio has lifted the left and is a man to watch in 2014. I have a hunch that the next Democratic nominee for president will be watching him closely, too.

Luxury CEO: 'Wealthy' 99 Percent Should Stop Whining

CNBC | Robert Frank | Posted 02.12.2014 | Business

CNBC Bud Konheim has a message for all of the 99 percenters: You're luckier than you think. Konheim, CEO and co-founder of luxury-fashion compan...

'The 1 Percent Is Being Picked On For Political Reasons'

The Huffington Post | Mark Gongloff | Posted 02.11.2014 | Business

Take heart, downtrodden rich people of America: Another famous rich guy has heard your cries of persecution and is joining the small but growing 1st P...

Inequality Is So Bad Even The Super-Rich Are Getting Left Behind

The Huffington Post | Mark Gongloff | Posted 02.11.2014 | Business

Believe it or not, 99 percenters, the 1 percent feels your pain: It suffers from inequality, too. An extremely comfortable inequality. But still, ineq...

The Inequality Debate Heats Up!

Rev. Seamus P. Finn, OMI | Posted 04.12.2014 | Religion
Rev. Seamus P. Finn, OMI

This debate has played out over the ages in numerous venues. The Bible is filled with warnings about the dangers of wealth and the responsibility to take care of the widow, the orphan and the stranger in the community.

Billionaire Defends Fellow Billionaire: 'The 1 Percent Work Harder'

The Huffington Post | Harry Bradford | Posted 02.06.2014 | Business

When the going gets tough, the rich dudes stick together. Or at least rich dude Sam Zell did in an interview with Bloomberg TV Wednesday. The bill...

Holocaust: Historical Revisionism and Trivialization

Warren J. Blumenfeld | Posted 04.01.2014 | Politics
Warren J. Blumenfeld

As I write this commentary on International Holocaust Remembrance Day, I am outraged because of what I perceive as the use and misuse of the Holocaust by some to justify and maintain the enormous economic disparity in the U.S. and across the globe.

Fewer Americans Than Ever Think They're Middle-Class

The Huffington Post | Jillian Berman | Posted 01.28.2014 | Business

As President Obama takes the stage Tuesday night to deliver his State of the Union address, he may want to be wary of appealing to the middle class, t...

'I Apologize For Using That Awful Word'

The Huffington Post | Harry Bradford | Posted 01.28.2014 | Business

Thomas Perkins, the venture capitalist who compared the "progressive war on the 1 percent" to Nazi anti-Semitism over the weekend, said he regrets usi...

Hillary and Pope Francis

Brent Budowsky | Posted 03.16.2014 | Politics
Brent Budowsky

By mobilizing the nation's leading thinkers, Clinton could tap the spirit of Francis to propel the next great era of shared American prosperity.

Third Way Attacks Elizabeth Warren and Bill de Blasio, and Should Disclose Bank Donations

Brent Budowsky | Posted 02.05.2014 | Politics
Brent Budowsky

Third Way has a legal right to keep their donations secret, and we have a legal right to give Third Way zero credibility until they disclose their donations.

5 Personal Actions You Can Take to Fight Economic Inequality

Bob Burnett | Posted 02.05.2014 | Politics
Bob Burnett

At the root of inequality is a moral choice: we either believe in the maxim, "I am my brother's keeper, I am my sister's keeper," or we don't.

Polarization: Worse Than You Think

Bob Burnett | Posted 01.29.2014 | Politics
Bob Burnett

Some political observers believe that if we only had competitive elections throughout the country -- if most congressional districts weren't gerrymandered -- then we would have more moderates in Congress and, therefore, less polarization. Think again. Polarization is the new normal.

Billionaire Feels 'Guilty' About 'Having Gotten Rich At The Expense' Of All Of Us

The Huffington Post | Mark Gongloff | Posted 10.31.2013 | Business

It's a Halloween miracle: A member of the 1 percent is fighting for the rest of us, and probably spooking the hell out of his own kind. Wealthy peo...

Hillary Clinton Could Win All 50 States Running Against Banana Republicans in 2016

Brent Budowsky | Posted 12.14.2013 | Politics
Brent Budowsky

Hillary Clinton represents to voters the ability to lead, the ability to govern, and the ability to grow the economy. If she runs against the Banana Republicans, who are so unpopular today, she could actually win all 50 states in November 2016. That's a happy prospect indeed, for Democrats.

The 1 Percent Hold Nearly Half Of Global Wealth

Reuters | Posted 10.09.2013 | Business

Oct 9 (Reuters) - Global wealth has risen by 68 percent over the past 10 years to reach a new all-time high of $241 trillion and the United States acc...

Memo to Washington: The Occupy Movement Is Very Much Alive

Richard (RJ) Eskow | Posted 11.16.2013 | Politics
Richard (RJ) Eskow

The Occupy movement isn't dead. It lives on in the political will of the American people. They want a president and a party that will represent the 99 percent, not the 1 percent who write campaign checks and give them cushy post-government jobs.

Summers Out

Chris Weigant | Posted 11.16.2013 | Politics
Chris Weigant

Even after pointing out how Occupy fell short and how a little agreed-upon focus might have prolonged the movement and allowed it to grow strong, Occupy did succeed spectacularly at their basic goal: changing the American conversation about the economy.

A Tale of Two Americas

Jerry Lanson | Posted 11.13.2013 | Business
Jerry Lanson

The reports made headlines the same day, serving as one more dramatic sign that America's working public is heading in two diametrically opposed directions.

Pay Gap Between 1 Percent And Everybody Else Reaches Widest Point Since 1920s

AP | PAUL WISEMAN | Posted 11.10.2013 | Business

WASHINGTON — The gulf between the richest 1 percent and the rest of America is the widest it's been since the Roaring '20s. The very wealthiest A...