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The American Spring contrasts the 99% and the 1%, but together we are 100%
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Bombshell: Koch-Funded Study Finds ‘Global Warming Is Real’, ‘On The High End’ And ‘Essentially All’ Due To Carbon Pollution

Bombshell: Koch-Funded Study Finds ‘Global Warming Is Real’, ‘On The High End’ And ‘Essentially All’ Due To Carbon Pollution | the 100% | Scoop.it

“The decadal land-surface average temperature using a 10-year moving average of surface temperatures over land. Anomalies are relative to the Jan 1950 – December 1979 mean... A Koch-funded reanalysis of 1.6 billion temperature reports finds that “essentially all of this increase results from the human emission of greenhouse gases.”

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Wealth Distribution Among Rich and Poor, Left and Right Agreed Upon, Survey Says | Moneyland | TIME.com

Wealth Distribution Among Rich and Poor, Left and Right Agreed Upon, Survey Says | Moneyland | TIME.com | the 100% | Scoop.it
What’s an acceptable level of income inequality in America? Is the current situation far too unfair, as many who lean to the political left maintain? Would ending tax breaks for people earning more than $250,000 a year constitute “class warfare,” as many on the political right contend? Complex questions, to be sure. But some surprising insight into these issues comes from a remarkable recent study by Michael Norton of the Harvard Business School and Dan Ariely of Duke University. You might be surprised by the results, whatever your political persuasion or net worth.

Norton and Ariely were motivated by a simple but noble idea. As they explain:

Disagreements about the optimal level of wealth inequality underlie policy debates ranging from taxation to welfare. We attempt to insert the desires of ‘‘regular’’ Americans into these debates, by asking a nationally representative online panel to estimate the current distribution of wealth in the United States and to ‘‘build a better America’’ by constructing distributions with their ideal level of inequality.In their survey of 5,500 Americans, Norton and Ariely started by asking respondents which of three templates of wealth equality they thought would be best: one representing perfect equality, where the bottom one-fifth of the population owns one-fifth of all wealth, as does the top fifth and every other fifth; one representing the current U.S. situation, where the top fifth controls 84% of all wealth, while the bottom fifth owns 0.1%; and one representing the distribution in Sweden, where the top fifth owns 36% and the bottom fifth controls 11%

 

MORE: http://moneyland.time.com/2012/04/03/what-class-divide-survey-shows-remarkable-agreement-on-wealth-distribution-among-rich-and-poor-left-and-right/

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What We Can Learn From Iceland

"For all the fearmongering we hear out of our politicians on the right about how heaven forbid we're going to turn into Greece, the one country you never hear them talk about any more is Iceland. The reason they don't is, as Cenk Uygur explained on his show this Tuesday, they took a different path than the United States after their financial crisis and nationalized the banks, threw some the people responsible for the crash in jail and bailed out the homeowners instead of worrying about only bailing out the banks. And now they're coming back and their economy is growing again...".*

*Read more here from Heather at CrooksAndLiars.com: http://videocafe.crooksandliars.com/heather/cenk-uygur-asks-if-united-states-should-be

Read more from Bloomberg: http://www.bloomberg.com/news/2012-02-20/icelandic-anger-brings-record-debt-relief-in-best-crisis-recovery-story.html

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See You at the Club: Fed Fat Cats Dip Into the Till - (Robert Scheer in Truthdig)

See You at the Club: Fed Fat Cats Dip Into the Till - (Robert Scheer in Truthdig) | the 100% | Scoop.it
American families have lost 20 years of growth while at least 18 bankers and tycoons sat on Fed boards that coincidentally bailed out their institutions.

“The recession caused the greatest upheaval among the middle class,” the Post noted. “... Their median net worth ... suffered the biggest drops. By contrast, the wealthiest families’ median net worth rose slightly.”.............

The Fed has been run like an elite club, handsomely rewarding its banker directors while sacrificing the homeowners and families who most need safeguarding.

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'Citizens United' Bounces Back to Supreme Court

'Citizens United' Bounces Back to Supreme Court | the 100% | Scoop.it

Will the Supreme Court take another crack at its ‘Citizens United’ ruling?

Justices are scheduled Thursday behind closed doors to discuss Citizens United v. Federal Election Commission, the landmark 2010 decision holding that corporations can make unlimited independent expenditures using general treasury funds to support or oppose candidates.

Why would the justices revisit a case so soon after ruling on it? Because a lower court – the Montana Supreme Court – issued a ruling in 2011 that appears to contradict Citizens United.

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the peak of the pyramid pees on the people

the peak of the pyramid pees on the people | the 100% | Scoop.it

Please take 15 minutes to listen to this report by Guy Raz of NPR's All Things Considered. The richest 100 people in America are providing 80% of the money going to Republican Super-PAC's, and, this constitutes 80% of all the money being spent by these lawless electioneering entities. This report implies but does not come out and say that the "Citizens United" decision and the attempted purchase of the American democracy are in direct response to the advent of social media and crowd-funding, which made it possible for We the People to have a larger say in, for instance, who is elected president.

At least 105 people are very worried about this possibility. 100 of them are spending millions of dollars to prevent it, and 5 of them undermined the Constitution and destroyed their legacies as Supreme Court justices in order to help them.  America's plutocracy is spending so heavily this year in order to entrench their power so deeply that our votes (the will of the People) will never matter again. --quoted from Eric Byler

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What The Founding Fathers Thought About Corporations

What The Founding Fathers Thought About Corporations | the 100% | Scoop.it
How would the Founding Fathers feel about corporations? Read the history, and some of their own quotes, and you'll see that they would have opposed massive corporations and corporate influence in politics.
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Hardheaded Socialism Makes Canada Richer Than U.S.

Hardheaded Socialism Makes Canada Richer Than U.S. | the 100% | Scoop.it

On July 1, Canada Day, Canadians awoke to a startling, if pleasant, piece of news: For the first time in recent history, the average Canadian is richer than the average American.
According to data from Environics Analytics WealthScapes published in the Globe and Mail, the net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970.
A few days later, Canada and the U.S. both released the latest job figures. Canada’s unemployment rate fell, again, to 7.2 percent, and America’s was a stagnant 8.2 percent. Canada continues to thrive while the U.S. struggles to find its way out of an intractable economic crisis and a political sine curve of hope and despair.
The difference grows starker by the month: The Canadian system is working; the American system is not. And it’s not just Canadians who are noticing. As Iceland considers switching to a currency other than the krona, its leaders’ primary focus of interest is the loonie -- the Canadian dollar.

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A HOPEFUL SIGN: Conservatives Are Hitting Rock Bottom | Visions

A HOPEFUL SIGN: Conservatives Are Hitting Rock Bottom | Visions | the 100% | Scoop.it
Ayn Rand and Jim Crow have driven the American right into moral bankruptcy. Two conservatives argue that there's no comeback in sight until they repudiate both.
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Congressional Progressive Caucus : Budget for All

Congressional Progressive Caucus : Budget for All | the 100% | Scoop.it

The Congressional Progressive Caucus has proposed a budget for Fiscal Year 2013.  They say:
 The Budget for All puts Americans back to work, charts a path to responsible deficit reduction, enhances our economic competitiveness, rebuilds the middle class and invests in our future. Our budget makes no cuts to Medicare, Medicaid, and Social Security benefits, and asks those who have benefited most from our economy to pay a sensible share.
It would take a better and more informed number cruncher than me to say whether it could actually work, but the principles are sound, and I'm willing to try it.

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Government is Good - An Unapologetic Defense of a Vital Institution

Government is Good - An Unapologetic Defense of a Vital Institution | the 100% | Scoop.it
Details government’s crucial role in improving Americans’ lives and promoting the public good. Also critiques the right-wing attack on government.
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How Citizens United helped Scott Walker win in Wisconsin | Amy Goodman (in OpEdNews)

How Citizens United helped Scott Walker win in Wisconsin | Amy Goodman (in OpEdNews) | the 100% | Scoop.it

It's no coincidence he's the first governor to survive recall -- after the supreme court took the cap off corporate campaign finance Central to Walker's win was a massive infusion of campaign cash, saturating Wisconsin with months of political advertising. His win signals less a loss for the unions than a loss for our democracy in this post-Citizens United era, when elections can be bought with the help of a few billionaires. According to Forbes magazine, 14 billionaires made contributions to Walker, only one of whom lives in Wisconsin. Among the 13 out-of-state billionaires was Christy Walton, the widow of John T Walton, son of Walmart founder Sam Walton. Nobel Prize-winning economist Joseph Stiglitz notes, 'the six heirs to the Walmart empire command wealth of $69.7bn, which is equivalent to the wealth of the entire bottom 30% of US society.' That is almost 95 million people.

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Memorial Day: Honor the Dead, Heal the Wounded, Stop the Wars

Memorial Day: Honor the Dead, Heal the Wounded, Stop the Wars | the 100% | Scoop.it

What binds us is stronger than what separates us.  Those who actually fight wars are not nearly so keen to rush into them as those who start wars are to incite them.  The 'Masters of War' stay well back from the field of battle, growing fat from selling out the troops, the nations,  the entire human race.  The wars raging across our planet today are not only armed, pitched, declared conflicts, but assaults on personal freedoms, basic human rights, stewardship of our planet and rational thought itself.  Anyone who lifts their head above the fray and sees the larger landscape can see that the greedy bickering and winner-take-all methods of the Plutarchy are the chief impediment to human excellence, peace, freedom and self actualization.  The war we need to fight is one against bigotry, greed, hate, obfuscation and tyrrany.  When we unite against the poisons that sap our health as one human race, the 100% will find victory.

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Occupy NATO Protesters Arrested On Terrorism Charges

Occupy NATO Protesters Arrested On Terrorism Charges | the 100% | Scoop.it
Occupy Chicago is claiming that the charges are in retaliation for the activists releasing a video showing Chicago police taunting them last week.
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