Simon Dixon Addresses The Next Generation Of Banking Leaders

Simon Dixon addresses the next generation of banking and finance leaders as part of his presentation on why so many students and graduates are struggling right now and how they can turn their career around by thinking beyond banking careers and more towards banking reform.
http://www.youtube.com/watch?v=OGSMu_ZI6rQ&feature=player_embedded#!

Making Fortune on Poverty: JP Morgan's Big Food Stamp Business

While most Americans are struggling hard to overcome the hardships of the recession, the profits of national banks continue to rise. JP Morgan is among those cashing-in ... and it's a contract to process food stamp payments that's helping it on its way. RT's Maria Portnaya found out how the rich benefit off the back of the poor.

http://www.youtube.com/watch?v=3lA016FzmYg&feature=player_embedded#at=220

Nine Pictures Of The Extreme Income/Wealth Gap

Top 1% owns more than 90% of us combined. "In 2007, the latest year for which figures are available from the Federal Reserve Board, the richest 1% of U.S. households owned 33.8% of the nation’s private wealth. That’s more than the combined wealth of the bottom 90 percent." (Also from the Working Group on Extreme Inequality)

400 people have as much wealth as half of our population. The combined net worth of the Forbes 400 wealthiest Americans in 2007: $1.5 trillion. The combined net worth of the poorest 50% of American households: $1.6 trillion

The top 1% also own 50.9% of all stocks, bonds, and mutual fund assets. The top 10% own 90.3%.

Worse Than Egypt
In fact our country's concentration of wealth is worse than Egypt. Richard Eskow writes,

Imagine: A government run by and for the rich and powerful. Leaders who lecture others about "sacrifice" and deficits while cutting taxes for corporations and the wealthy. A system so corrupt that rich executives can break the law without fear of being punished. Increasing poverty and hardship even as the stock market rises. And now, a nation caught between a broken political system and a populist movement that could be hijacked by religious extremists at any moment.

Here's the reality: Income inequality is actually greater in the United States than it is in Egypt. Politicians here have close financial ties to big corporations, both personally and through their campaigns. Corporate lawbreakers often do go unpunished. Poverty and unemployment statistics for US minorities are surprisingly similar to Egypt's.
http://ourfuture.org/blog-entry/2011020612/understanding-extreme-incomewealth-gap

Stöd Röda Korsets insatser i Haiti

Stöd Röda Korsets insatser i Haiti
Skänk en gåva direkt on-line

Du kan även sms:a AKUT till 72900 och skänka 50 kronor (som debiteras på din telefonräkning) eller sätta in valfritt belopp på plusgiro 900800-4 eller bankgiro 900-8004. Märk talongen med "Haiti".

100 kronor räcker till fyra vattendunkar
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