Wealthiest 10% of Americans have 50% of total income

Is America getting poorer? No, just its people, We the Median. In fact, we are producing an astonishing amount of new wealth in the USA. We are a lean, mean production machine. Output per worker in BushAmerica zoomed by 15% over four years through 2004. Problem is, although worker productivity keeps rising, the producers are getting less and less of it.

The gap between what we produce and what we get is widening like an alligator's jaw. The more you work, the less you get. It used to be that as the economic pie got bigger, everyone's slice got bigger too. No more.

The One Percent have swallowed your share before you can get your fork in.

AND THAT WAS BEFORE THE SHIT HIT THE FAN !!!

Screwed: The Undeclared War against the Middle Class ... and What We Can Do about It
http://www.gregpalast.com/labor-in-america/
Thom Hartmann, Foreword by Mark Crispin Miller

Pub. Date: August 2006

People who put in a solid day's work can no longer afford to buy a house, send their kids to college, or even get sick. This is because a covert war, waged by conservative and corporate forces, is dismantling policies like Social Security, Medicare, the minimum wage, and fair labor laws.

The result is the unnatural extinction of the middle class and the economy that Roosevelt, Truman, and Eisenhower envisioned. Under the guise of "freeing" the market, conservatives have enriched themselves and their fat-cat cronies and screwed everyone else.

By exposing the machinations of those whose greed and irresponsibility is destroying the middle class, Screwed empowers readers to stand up, speak out, and return America to the principles envisioned by its founders.

EXECUTIVE RESUME

CHAOS = OPPORTUNITY = $$$$$

Greed & Fear Unlimited rules under the guise of Mindfuck Inc.

This is basic class war by any other name ;)

From : Today's Pig is Tomorrow's Bacon
http://www.gregpalast.com/todays-pig-is-tomorrows-bacon-a-labor-day-recipe/

The top fifth of the wealth scale are now gobbling up over half (50.4%) of our nation's annual income.

While 15.9% of us don't have health insurance, even those of us who have it, don't have it: we're spending 36% more per family out of pocket on medical costs.

Since the Bush Putsch in 2000, median income has fallen 5.9%.

Mr. Bush and friends are offering us an "ownership" society. But he didn't mention who already owns it. The richest fifth of America owns 83% of all shares in the stock market. But that's a bit misleading because most of that, 53% of all the stock, is owned by just one percent of American households.

And what does the Wealthy One Percent want? Answer: more wealth. Where will they get it? As with a tube of toothpaste, they're squeezing it from the bottom. Median paychecks have gone down by 5.9% during the current regime, but Americans in the bottom fifth have seen their incomes sliced by 20%.

At the other end, CEO pay at the Fortune 500 has bloated by 51% during the first four years of the Bush regime to an average of $8.1 million per annum.

So who's winning? It's a crude indicator, but let's take a peek at the Class War body count.

When Reagan took power in 1980, the One Percent possessed 33% of America's wealth as measured by capital income. By 2006, the One Percent has swallowed over half of all America's assets, from sea to shining sea. One hundred fifty million Americans altogether own less than 3% of all private assets.

It's not about who has the money, it's about how they got it. In a free society, people are not economically equal and economically equal people are not free. The question is, have these industries been oligopolized to the bone by government over the decades (yes) and have they been given protectionism, tax benefits, increased entry to barriers for their competition, of course......SO, the real question is...why do we not have a free market anymore that would force the rich to compete for our dollar? Why do we continue to support this fascist system while blindly and falsely blaming it on the free market when government injections and negative externalities have been the ultimate cause of these bubbles? It is just so sad when I look around and everyone is brainwashed into thinking wrongly that Hoover was a laissez-faireist or that a lack of government was the problem. We are all just blind slaves to a bureaucratic system that is hell bent on oligopolizing industries while usurping the constitution. Nothing more, nothing less.....if you support Bush, Obama, McCain......then you are the uneducated problem in this country....and there are TONS of them. Going back to the original point, it's not about who has the money.....it's about how they got it. In a freer market where the rich were forced to fight for our dollar versus this democratic corporate welfare system, the ultimate rich would have much less money because they would have to compete in the market versus bailouts, protectionism, government killing small competition, and other forms of Keynesianism.....the gap between rich and poor is not bad, it just is....HOW people got this money is a different story. Rich people are not the problem, I want everyone to be rich......not everyone being enslaved to poverty through fascist/socialist measures. A free society also protects individual choice whereas the socialist/fascist tinged system is against free choice and individual liberties and rights.