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Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
There is a war going on in this country and I am not referring to the wars in Iraq or Afghanistan. I am referring to the war waged by the wealthiest people in America on the disappearing and shrinking middle class of our country. The nation's billionaires are on the warpath. They want more, more, more. Their greed has no end and they are apparently unconcerned for the future of this country if it gets in the way of their accumulation of power and wealth.
On the floor of the Senate, we discuss a lot of things. But one thing we fail to talk about is who is winning in this economy and who is losing, and what that means for parents struggling to survive while working longer hours with lower wages, and worrying about whether their children will have the same kind of standard of living they have.
Right now, the top 1 percent controls more than 23 percent of all income earned in America. The top 1 percent controls more than the bottom 50 percent. It's not only that the rich are getting richer. The very, very rich are getting richer. In the last 25 years, we have seen 80 percent of all new income going to the top 1 percent.
On top of all this, while the millionaires get richer and there are more and more billionaires, as a result of the Citizens United decision, what we are beginning to see in elections is unbelievable--a group of billionaires getting together and deciding where they are going to spend their money. Billionaires are going to flood states with all kinds of negative, dishonest ads in an effort to defeat people defending the middle class and to elect people who will stand up for right-wing billionaires.
The Republicans' goal--and to their credit, they have been pretty honest about it--is to bring this country back to where we were in the 1920s. All of the progressive legislation that started with FDR is on the chopping block. Despite the great successes of Social Security over the last 75 years, despite the fact that Social Security today has a $2.6 trillion surplus, they are targeting Social Security. They are targeting Medicare. In Arizona today, people on Medicaid who need transplants are no longer able to get them--that is a real death panel.
Right now, according to a number of studies, we are losing about $100 billion every year because corporate America and the very wealthy are stashing their money in tax havens like the Cayman Islands and Bermuda. We should be aware that in 2009, ExxonMobil made $19 billion in profits and not only did the company not pay anything in taxes, it got a $106 million refund from the IRS. We should also be aware that since 1997, we have almost tripled funding for the military. So if we are serious about reducing the deficit, those are things we need to look at--not at Social Security, not programs everyday Americans need.
Our job now is to rally Americans to put pressure on a handful of Republicans--to tell them, go into your hearts, talk to your constituents and tell me if it is appropriate to hold hostage the future of this country for an agenda that benefits only the very rich.
If we act, we can win this fight. It is crucial that we do, because if we don't--if they roll over us now--there is no stopping them. It is time we organize.
Your help is wanted.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
There is a war going on in this country and I am not referring to the wars in Iraq or Afghanistan. I am referring to the war waged by the wealthiest people in America on the disappearing and shrinking middle class of our country. The nation's billionaires are on the warpath. They want more, more, more. Their greed has no end and they are apparently unconcerned for the future of this country if it gets in the way of their accumulation of power and wealth.
On the floor of the Senate, we discuss a lot of things. But one thing we fail to talk about is who is winning in this economy and who is losing, and what that means for parents struggling to survive while working longer hours with lower wages, and worrying about whether their children will have the same kind of standard of living they have.
Right now, the top 1 percent controls more than 23 percent of all income earned in America. The top 1 percent controls more than the bottom 50 percent. It's not only that the rich are getting richer. The very, very rich are getting richer. In the last 25 years, we have seen 80 percent of all new income going to the top 1 percent.
On top of all this, while the millionaires get richer and there are more and more billionaires, as a result of the Citizens United decision, what we are beginning to see in elections is unbelievable--a group of billionaires getting together and deciding where they are going to spend their money. Billionaires are going to flood states with all kinds of negative, dishonest ads in an effort to defeat people defending the middle class and to elect people who will stand up for right-wing billionaires.
The Republicans' goal--and to their credit, they have been pretty honest about it--is to bring this country back to where we were in the 1920s. All of the progressive legislation that started with FDR is on the chopping block. Despite the great successes of Social Security over the last 75 years, despite the fact that Social Security today has a $2.6 trillion surplus, they are targeting Social Security. They are targeting Medicare. In Arizona today, people on Medicaid who need transplants are no longer able to get them--that is a real death panel.
Right now, according to a number of studies, we are losing about $100 billion every year because corporate America and the very wealthy are stashing their money in tax havens like the Cayman Islands and Bermuda. We should be aware that in 2009, ExxonMobil made $19 billion in profits and not only did the company not pay anything in taxes, it got a $106 million refund from the IRS. We should also be aware that since 1997, we have almost tripled funding for the military. So if we are serious about reducing the deficit, those are things we need to look at--not at Social Security, not programs everyday Americans need.
Our job now is to rally Americans to put pressure on a handful of Republicans--to tell them, go into your hearts, talk to your constituents and tell me if it is appropriate to hold hostage the future of this country for an agenda that benefits only the very rich.
If we act, we can win this fight. It is crucial that we do, because if we don't--if they roll over us now--there is no stopping them. It is time we organize.
Your help is wanted.
There is a war going on in this country and I am not referring to the wars in Iraq or Afghanistan. I am referring to the war waged by the wealthiest people in America on the disappearing and shrinking middle class of our country. The nation's billionaires are on the warpath. They want more, more, more. Their greed has no end and they are apparently unconcerned for the future of this country if it gets in the way of their accumulation of power and wealth.
On the floor of the Senate, we discuss a lot of things. But one thing we fail to talk about is who is winning in this economy and who is losing, and what that means for parents struggling to survive while working longer hours with lower wages, and worrying about whether their children will have the same kind of standard of living they have.
Right now, the top 1 percent controls more than 23 percent of all income earned in America. The top 1 percent controls more than the bottom 50 percent. It's not only that the rich are getting richer. The very, very rich are getting richer. In the last 25 years, we have seen 80 percent of all new income going to the top 1 percent.
On top of all this, while the millionaires get richer and there are more and more billionaires, as a result of the Citizens United decision, what we are beginning to see in elections is unbelievable--a group of billionaires getting together and deciding where they are going to spend their money. Billionaires are going to flood states with all kinds of negative, dishonest ads in an effort to defeat people defending the middle class and to elect people who will stand up for right-wing billionaires.
The Republicans' goal--and to their credit, they have been pretty honest about it--is to bring this country back to where we were in the 1920s. All of the progressive legislation that started with FDR is on the chopping block. Despite the great successes of Social Security over the last 75 years, despite the fact that Social Security today has a $2.6 trillion surplus, they are targeting Social Security. They are targeting Medicare. In Arizona today, people on Medicaid who need transplants are no longer able to get them--that is a real death panel.
Right now, according to a number of studies, we are losing about $100 billion every year because corporate America and the very wealthy are stashing their money in tax havens like the Cayman Islands and Bermuda. We should be aware that in 2009, ExxonMobil made $19 billion in profits and not only did the company not pay anything in taxes, it got a $106 million refund from the IRS. We should also be aware that since 1997, we have almost tripled funding for the military. So if we are serious about reducing the deficit, those are things we need to look at--not at Social Security, not programs everyday Americans need.
Our job now is to rally Americans to put pressure on a handful of Republicans--to tell them, go into your hearts, talk to your constituents and tell me if it is appropriate to hold hostage the future of this country for an agenda that benefits only the very rich.
If we act, we can win this fight. It is crucial that we do, because if we don't--if they roll over us now--there is no stopping them. It is time we organize.
Your help is wanted.