We are living in the Second Gilded Age

Bill Moyers’ interview with Steve Fraser on the “Second Gilded Age” begins with two startling statistics.

The top 200 wealthiest people control more wealth than the bottom 4 billion, and
In the United States of America the top 0.01%, or 14,000 families own 22.2% of wealth, while the bottom 90% — 133 million families — control only [...]

McCains: Why cut taxes when you can just evade them?

San Diego Country isn’t happy with the McCain family. Turns out, one of the many trusts that administers one of their seven homes hasn’t paid taxes in four years. McCain’s trust scrambled to pay nearly all of the outstanding debt to the county. $1,742 of a total $6,744.42 remains.
If that seems like an [...]