[identity profile] telemann.livejournal.com
this was in response to this:


[identity profile] telemann.livejournal.com


Though something called the "death tax" sounds ominous, Bill Maher explained on "Real Time" why taxing inherited wealth is actually a good thing. Namely, he just called out some kids who will inherit fortunes for being "entitled jerks." Maher's outrageous examples include Kylie Jenner texting while driving after Bruce Jenner's deadly accident; and Paris Hilton's brother Conrad Hughes Hilton III needing to be restrained on a flight.





[identity profile] deborahkla.livejournal.com
1794761_10152435631300669_3897551908732931891_n
When workers don't make enough money in a consumer-based economy, this is what happens. When they make enough money they buy things and keep the economy afloat. This is NOT trickle-down economics--it's the opposite, and it truly works.
[identity profile] telemann.livejournal.com


Also, an interesting video that answers the question, if Wal Mart paid a living wage for its employees (so they would not have to rely on food stamps1): and if Wal Mart passed those wage increases to customers, how would that impact the price for a box of mac and cheese?



Video can be viewed here.

-------------
[1.] A recent report indicated Wal Mart sales are largely from food items and a significant portion of those sales are from customers who use food stamps.
[identity profile] telemann.livejournal.com



Now that the media is done freaking out about the missing jetliner, how about going on a search for America's vanishing middle class? Now I say this because the number of Americans who identify as middle class has never been lower. And if you don't believe me, just go shopping. The stores like Sears and Penney's that always catered to the middle market are dying. But you know who's doing great? Tiffany's and Gucci and Cartier for the Marie Antoinette crowd. And the dollar store for people who don't see a problem with Halloween candy in June. 50 years ago, America's biggest employer was General Motors, where workers made the modern equivalent of $50 dollars an hour. Today, America's biggest employer is Walmart, where the average wage is $8 dollars an hour. Which means you can share a room in a transient hotel with a drifter who cuts his toenails with a machete.





[identity profile] telemann.livejournal.com


Income inequality is increasing according to new figures released yesterday at the annual World Economic Forum in Davos, Switzerland. The 85 richest people own about 0.7% of the world's wealth, which is the same as the bottom half of the population.

Los Angeles Times article with a video report.
[identity profile] telemann.livejournal.com



Outgoing Mayor Michael Bloomberg (I-NY) went on the defensive when asked whether he was moved by the New York Times’ powerful series on a homeless family struggling to survive in New York City. Bloomberg defended his homelessness policies and claimed that 11-year-old Dasani, the star of the piece, ended up in dire straits due to bad luck. “This kid was dealt a bad hand. I don’t know quite why. That’s just the way God works. Sometimes some of us are lucky and some of us are not,” he told Politicker, calling her plight “a sad situation.”

The New York Times series explicitly tied Bloomberg’s homelessness policies to Dasani’s destitute situation. “The Bloomberg administration adopted sweeping new policies intended to push the homeless to become more self-reliant,” the Times’ Andrea Elliott wrote. “They would no longer get priority access to public housing and other programs, but would receive short-term help with rent.”


There are over 22,000 homeless children in New York City (the worst since the Great Depression). Meanwhile the city has set records for most millionaires (over 250,000) and billionaires (70) in the world. Dasani has to hang her food from the ceiling to keep rats in the shelter from stealing it. Desani and her family stated in the Auburn Family Residence, a homeless shelter, for almost three years in Brooklyn, has been cited for more than four hundred violations in the past decade, and not for casual things: “inadequate child care, faulty fire protection, insufficient heat, spoiled food, broken elevators, nonfunctioning bathrooms and the presence of mice, roaches, black mold on walls, bedbugs, lead and asbestos.” Then there were the written complaints about Auburn that didn’t go further: children and their mothers were molested, but the police were never called, and several reports of men exposing themselves to children in a shared bathroom.









There are more photos in the linked source.

[identity profile] telemann.livejournal.com





Pope Francis, in the heart of Rome’s fanciest shopping district, prayed on Sunday that the poor are never forgotten. His appearance at the foot of the Spanish Steps follows a papal tradition of public prayer before a statue representing Mary on Dec. 8, a church holiday honoring the mother of Jesus.

Pope Francis has been a vocal advocate for the poor and downtrodden, attacking the current economic state of the world which has the potential to foster inequality. He criticized "unfettered capitalism" in his apostolic exhortation "Evangelii Gaudium," and will be leading a worldwide wave of prayer for the hungry on Dec. 10th, Human Rights Day.








HONY is a website of human studies photography by Brandon Stanton, that puts a real focus on the subject's personal story, and not all of them are warm and fuzzy.





I'm trying to get out of my brokeness."
"Why are you broke?"
"I was born broke. Nobody ever gave me anything. Nobody ever bought me anything. But I made it hard on myself too. I left school. I left home. I threw all my stuff in the street and left."
"Why'd you do that?"
"My feelings were hurt. Nobody ever cared about me. Nobody ever said: 'Charlie, what's wrong?' They said, 'Shut up, Charlie. We've got our own problems.'"



When this was published on Facebook, someone commented:

We think sometimes that poverty is only being hungry, naked and homeless. The poverty of being unwanted, unloved and uncared for is the greatest poverty."
Mother Teresa.

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