The Distribution of Wealth, or Lack Thereof

wealth_gain

Over the last quarter-century, the vast majority (81.7 percent) of increases to wealth have gone to the wealthiest 5 percent, while those in the middle saw declines in their wealth. Incomes have become increasingly unequal over time, with the top 10 percent (and the top 1 percent) taking an outsized slice of the pie. CEOs [...]

Made In America – The Roadmap to Creating Thousands of Jobs

madeinamerica

If you’re a contractor, or even if you’re not, you must watch this video and share it with everyone!  ABC News presented a “Made in America” challenge.  In this interview, one home builder explains how every single item, right down to the nails he uses (which happen to be better quality than ones typically purchased [...]

Bachmann Is Clueless, And Wrong, About Payroll Tax Cuts

Michele Bachmann

Michele Bachmann wrongly claims there is “not one shred of evidence that lowering the payroll tax rate created jobs.” Actually, the economy has gained more than 1.4 million jobs in the 11 months since the payroll tax holiday began. That’s 84 percent more jobs than were added in the same period a year earlier. The [...]

Wall Street Firms Could See a 30 Percent Drop in Income

Annual compensation for employees at big Wall Street firms could fall 27-30 percent from a year earlier to the lowest level since the 2008 financial crisis, the Wall Street Journal reported, citing a compensation study conducted by the Options Group. And this means what to everyone who has been living from pay check to pay [...]

The New Bottom Line – Large Entities Moving Away from Big Banks

new_bottom_line

The New Bottom Line is a national campaign fueled by a coalition of community organizations, congregations, labor unions, and individuals working together to build a movement that challenges established big bank interests on behalf of struggling and middle-class communities. Their focus is on getting large entities, as opposed to individuals, to move their money out [...]

How Did Bank Transfer Day Work Out?

Bank transfer day

Thus far, all reports are showing stunning results for yesterday’s “Bank Transfer Day.” It won’t be clear for a few weeks just how successful this event was, nor is it likely that Bank of America, Chase, Wells Fargo, or JPMorgan will ever report an accurate number of account closures.  The Wall Street Journal is reporting [...]

Over 3 Million Jobs Available

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Seems Facebook and LinkedIn had a child and called it “BranchOut” — Career Networking on Facebook. The business networking idea behind BranchOut is that it allows you to “tap into your friend network for an inside connection” to job/career opportunities. It seems to me that everyone would already know where their friends work. BranchOut boasts [...]