According to Oxfam’s Working for the Few: Political capture and economic inequality, 85 of the world’s richest people own the same amount of wealth as the bottom half of the world’s population.
Expand the focus to the richest 1%, and Oxfam reports they have about $110 trillion in wealth (46% of the total) which is 65 times the $1.7 trillion (about 0.7% of the total) held by the bottom half of the population.
Makes you feel that “The Owner” is not just a Neal Asher dystopian fantasy.
Another strong Democratic video: The Cost of Speaker Boehner’s Repeal:
“One swallow doesn’t make a summer.” How many makes winter?
LET IT be recorded for posterity: New Jersey Gov. Chris Christie’s support for granting “tuition equality” to the state’s undocumented immigrants spanned precisely 44 days. His support for the idea was born Oct. 12 and lasted through his Nov. 5 reelection victory, when he managed to win just more than half the Hispanic vote. It died abruptly on Nov. 25, as Mr. Christie pivoted from New Jersey’s general election to his preparations for the 2016 Republican primaries. On to Iowa!
From a WashPo Editorial of all places.
Jon Stewart skewers the annual flare-up of the ‘war on Christmas’ propaganda.
(I’d embed it if I could figure out how.)
Shorter Alex Pareene (Salon): Nepotism, it’s worse than you think. (Spotted via John Quiggin, Cronyism and the global city (again).)
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