Blog Catalog

Friday, June 24, 2011

Quote of the day

"The country my generation is passing on to my son and his peers is a mean-spirited place of global warming, class warfare and diminishing expectations, where the top 1 percent of households own nearly 35 percent of all privately held wealth and the 'bottom' 80 percent lays claim to less than half that." --Bill Blum, from his article "Commencement Day for a Lost Generation", posted at Truthdig. Link: http://www.truthdig.com/report/item/commencement_day_for_a_lost_generation_20110622/

2 comments:

Anonymous said...

And the bottom half doesn't pay any taxes so they are supported by the top half. It is a good thing that there is a top half.

Mo Rage said...

Well, that "bottom half" that doesn't pay any taxes is joined by a great deal of people--and companies--that also don't pay any taxes like GE, Exxon Mobil, American Electric Power, Dupont, Verizon, Boeing, Wells Fargo, FedEx, Honeywell, IBM, Yahoo, and United Technologies as we know.

Bloodsuckers.