A discussion on truth, beauty, the American way, humor, intelligence, love, stupidity and where we are today
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/
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.
ReplyDeleteWell, 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.
ReplyDeleteBloodsuckers.