While Rome burned Nero fiddled away !

In 2007 the United States already had the highest inequality of wealth in the industrialized world prior to the financial crisis. Since the crisis, which has hit the average worker much harder than CEOs, the gap between the top one percent and the remaining 99% of the US population has grown to a record high. The economic top one percent of the population now owns over 70% of all financial assets, an all time record So it should come as no surprise to see that we now have the highest inequality of wealth in the industrialized world and the highest inequality of wealth in our nation's history. The backbone of America, a hard working middle class that has made our country a world leader, has been devastated

As I have mentioned before,in other posts we have the most expensive health care system in the world and we are forced to pay twicw as much as other countries,and the overall care we get in return ranks 37th, in the world. On average, US citizens are now paying a record high 8% of their income on medical care.

The Richest 1% Have Captured America's Wealth -- What's It Going to Take to Get It Back?

The U.S. already had the highest inequality of wealth in the industrialized world prior to the financial crisis -- and it's gotten even worse.

The US public doesn't have any understanding of how much wealth has been generated and concentrated into the hands of the Economic Elite over the past 40 years; there is no historical frame of reference. This withholding of wealth is truly the greatest crime against humanity in the history of civilization.

What could be done with all the money that has been hoarded by the Economic Elite is extraordinary!

Let's consider what we could do with the money that has been stolen from us? On top of what should be our average six-figure yearly income, we could have:

* Free health care for every American,

* A free 4 bedroom home for every American family,

* 5% tax rate for 99% of Americans,

* Drastically improved public education and free college for all,

* Significantly improved public transportation and infrastructure,

The list goes

If Americans could just understand how much wealth is being withheld from us, we would have a massive uprising and the Economic Elite would be swept away, into the history books alongside the evil despots of the past
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Don't believe me folks. As any economist worth his or her salt. As the end of the dream nears one can see the people start to rise up around the world. This weekend the people of England said no!  Americans though are still asleep and watching their TV sets instead of paying attention to what is happening around them .while Rome burned Nero fiddled away!