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Dedicated
to the notion
that our world would be considerably more
caring, prosperous,
and democratic if we narrowed the vast gap
that divides our wealthy
from everyone else. |
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- The Wealthy on Terra Firma, the Wealthy in Flight
- Our planet's ultra-rich have padded their fortunes to new record levels. Who says? The flaming radicals at Merrill Lynch. We have that story and a look at a fascinating new report that details the heavy price we pay for living in a private-jet world..
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- Taxes and the Super-Rich: Comparing Obama, McCain — and Ike
- Who's
going to win the White House in November? For America's super-rich,
that's literally a million-dollar question. But at least deep pockets
no longer need worry about Ike. We explain why.
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- The Crude Truth About Oil Prices: Supply, Demand, and Speculation
- Looking
for villains around the gas pump? Try looking behind the hedges to the
shadowy investment world where the super-rich make bets with billions —
and regular people always lose. The details.
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- The Deception Former Bush Aide Scott McClellan Isn't Exposing
- The
White House's most succesful disinformation campaign? That's not the
war in Iraq. It's the war on the estate tax, the only federal levy on
private fortunes. Ex- Bushies may not be exposing this deception. But
the IRS is. We have more.
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- And
more from the Too Much archive . . .
- Rich people and thoroughbreds: a deadly embrace . . . John McCain's superstar CEO . . . The dirt behind the hedges: a rundown on America's top incomes . . . How concentrated wealth is fouling higher ed . . . Subprimes, people of color, and power suits . . .A Harvard prof calls for a “maximum wage” . . . Inequality and extinctions . . . War, taxes, and our awesomely affluent.
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Stat of the Week
Wealth is continuing to concentrate at the tippy-top of the global economic order, says the new annual World Wealth Report from Merrill Lynch and Capgemini. Individuals worth at least $1 million, home not included, saw their wealth grow 9 percent last year. But the ultra-rich — those worth over $30 million — saw their wealth jump even faster, by 15 percent. |
Quote
of the Week
“The United States still reigns supreme when it comes to fat wallets: One in every three millionaires in the world lives in America. Combined, Africa, the Middle East and Latin America account for just one in 10.”
Candace Choi, World now has 10 million millionaires, report says, Associated Press, June 25, 2008 |
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