Thursday, November 18, 2010

RACE TO THE BOTTOM: We ARE a Banana Republic

"The top 1 percent of Americans owns 34 percent of America’s private net worth, according to figures compiled by the Economic Policy Institute in Washington. The bottom 90 percent owns just 29 percent.

"That also means that the top 10 percent controls more than 70 percent of Americans’ total net worth."--Nicholas D. Kristof
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