various verbiage

More PROOF of sustained economic inequality… from Economist Magazine no less! The ‘Wall Street Journal’ of Britain!!

Here’s the sum total of what OccupyWallStreet is protesting against:

Wages as Percent of Economy

Real Wages are at their lowest in 50yrs+, while corporate profits are at their highest… -&- the top tax brackets at their lowest.

But don’t take it from me– here’s a whole PAGE full of charts, from BUSINESS INSIDER… not a bastion of ‘Liberalism’, far from it.

Details:

• Unemployment is still at highest level since the Great Depression
  this is the lowest percentage of Americans with jobs since the early 1980s
• Corporate profits are higher than they’ve been since the 1950s.
• CEO pay is now 350X the average worker’s, up from 50X from 1960-1985.
• CEO pay has skyrocketed 300% since 1990. Corporate profits have doubled. Average “production worker” pay has increased 4%. The minimum wage has dropped.
• After adjusting for inflation, average hourly earnings haven’t increased in 50 years.
• The top 1% of American wage earners are hauling in a bigger percentage of the country’s total pre-tax income than you have at any time since the late 1920s.
• US now ranks 93rd in the world in “income equality.” China’s ahead of us. So is India. So is Iran.
• Social mobility in this country is also near an all-time low.
• The top 1% of Americans own 42% of the financial wealth in this country. The top 5%, meanwhile, own nearly 70%.
• The richest 20% pay 64% of the total taxes. Of course, that’s because they also make most of the money: 59.1%

BUSINESS INSIDER…

BREAKING: #OCCUPY WINS! Bloomberg backs down!

After Bloomberg said ‘I agree with the Protester’s right to assemble’
Then Bloomberg said ‘It’ll be a ‘temporary’ evacuation to clean the park’
Then the details came out: ‘New Rules’ would be posted, prohibiting people sitting or laying down in the park, etc
Then MoveOn collected 300k signatures

Then THIS Happened:

Over & over the media says, “@OccupyWallStreet has no coherent demands”.
Well, maybe they should use that vaunted journalistic ‘better-than-bloggeres’ ability & do a little RESEARCH.

But they won’t- just like not a single major MSM outlet is on record estimating how many protesters there are…
Yeah, you’ve gotta go to GERMANY to get an estimate!
Congrats MSM Mental Midgets– every single time 100 TeaParty ppl gather, they get wall-to-wall coverage; hell, Fox News sends Hannity out on Lear Jet!

So- here’s the FACTS:
Der Spiegel: “During a demonstration on Saturday it has more than 700 of 1500 protest-learns arrested.” link.

And heres the COHERENT DEMANDS from OccupyWallStreet:

1. CONGRESS PASS HR 1489 REINSTATING GLASS-STEAGALL ACT.
2. USE CONGRESSIONAL AUTHORITY AND OVERSIGHT TO ENSURE APPROPRIATE FEDERAL AGENCIES FULLY INVESTIGATE AND PROSECUTE THE WALL STREET CRIMINALS
3. CONGRESS ENACT LEGISLATION TO PROTECT OUR DEMOCRACY BY REVERSING THE EFFECTS OF THE CITIZENS UNITED SUPREME COURT DECISION
4. CONGRESS PASS THE BUFFETT RULE ON FAIR TAXATION SO THE RICH AND CORPORATIONS PAY THEIR FAIR SHARE & CLOSE CORPORATE TAX LOOP HOLES AND ENACT A PROHIBITION ON HIDING FUNDS OFF SHORE.
5. CONGRESS COMPLETELY REVAMP THE SECURITIES AND EXCHANGE COMMISSION
6. CONGRESS PASS SPECIFIC AND EFFECTIVE LAWS LIMITING THE INFLUENCE OF LOBBYISTS AND ELIMINATING THE PRACTICE OF LOBBYISTS WRITING LEGISLATION THAT ENDS UP ON THE FLOOR OF CONGRESS.
7. CONGRESS PASSING “Revolving Door Legislation” LEGISLATION ELIMINATING THE ABILITY OF FORMER GOVERNMENT REGULATORS GOING TO WORK FOR CORPORATIONS THAT THEY ONCE REGULATED.
8. ELIMINATE “PERSONHOOD” STATUS FOR CORPORATIONS (Sorry Mitt Romney)
9. RE-ESTABLISH THE PUBLIC AIRWAVES IN THE U.S. SO THAT POLITICAL CANDIDATES ARE GIVEN EQUAL TIME

link.

Pretty Damn Coherent, right there…