------ Forwarded Message > From: "dasg...@aol.com" <dasg...@aol.com> > Date: Fri, 30 Oct 2009 22:40:30 EDT > To: Robert Millegan <ramille...@aol.com> > Cc: <ema...@aol.com>, <j...@aol.com>, <jim6...@cwnet.com>, > <christian.r...@gmail.com> > Subject: US Has the Biggest Gap between Rich and Poor in the Entire > Industrialized World >
> US Rich-Poor Income Gap World¹s Most Extreme > <http://dprogram.net/2009/10/30/us-rich-poor-income-gap-worlds-most-extreme/> > October 30, 2009 > > http://rense.com/general88/extreme.htm > > Income inequality in the US is now the most extreme of all countries. > > The 2008 OECD report Income Distribution and Poverty in OECD Countries¹ > > > http://www.oecd.org/document/53/0,3343,en_2649_33933_41460917_1_1_1_1,00.html > <http://www.oecd.org/document/53/0,3343,en_2649_33933_41460917_1_1_1_1,00.html > > > > concludes that the US is the country with the highest inequality and poverty > rate across the OECD and that, since 2000, nowhere else has there been such a > stark rise in income inequality as in the US. > > The OECD finds that in the US the distribution of wealth is even more unequal > than the distribution of income. > > "The rise in inequality is generally due to the rich improving their incomes > relative both to low- and middle-income people." >> >> >> The increase in US income inequality in the 21st century coincides with the >> offshoring of US jobs, which enriched executives with performance bonuses¹ >> while impoverishing the middle class, and with the rapid rise of unregulated >> OTC derivatives, which enriched Wall Street and the financial sector at the >> expense of everyone else. Millions of Americans have lost their homes and >> half of their retirement savings while being loaded up with government debt >> to bail out the banksters who created the derivative crisis. The financial >> insiders running the Treasury, White House, and Federal Reserve (Rubin , >> Greenspan etc.) shifted to taxpayers the cost of the catastrophe that they >> had created. Goldman Sachs, saved with the public¹s money, recently >> announced that it was paying massive six and seven figure bonuses to every >> employee. > > ABCD > > According to the OECD report, Great Britain has the 7th most unequal income > distribution in the world. After the Goldman Sachs bonuses, the British will > move up in distinction, followed by Merkel¹s Germany. > ------ End of Forwarded Message
