More scenes from the class war

More scenes from the class war March 14, 2013

Fair is a place where they have ponies and merry-go-rounds.”

“To compel a man to work for less than a Living Wage is as truly an act of injustice as to pick his pocket.”

“Had [the minimum wage] been indexed to inflation in 1968, it would be $10.40 an hour today.”

Three cents out of every tax dollar the government collects from you is pocketed by the Big Banks on Wall Street.”

The top 1 percent holds over a third of equity market wealth and the top 10 percent holds about 80 percent.”

“Folks like Peter Peterson and Washington Post don’t want us to run deficits. They would rather see workers be unemployed.”

“The difference between a natural disaster and a disaster caused by politicians is that the latter will almost always hit the poor and the obscure most heavily, while a hurricane or a flood will at least sometimes spread the suffering more evenly.”

“At this point there is overwhelming evidence that the primary effect of the austerity being demanded by the finance ministers is to slow growth and increase unemployment.”

Far more worrisome than a student loan bubble is the student loan anvil.”

“The CRL report cites the president of one of the nation’™s largest car-title lenders as saying his average customer renews their loan eight times, which means that original $951 loan ultimately costs the borrower $3,093 in total, with $2,142 of that coming from interest.”

“Number of states that currently allow payday loans with APRs of 391 percent or higher: 28.”

“Well, that sounds awful, though really, what is so bad about lying to people, giving them a bum loan, and then taking their house?

“The idea is that we can know things are really getting out of hand since even non-white people can get loans these days!

“In the modern-day insurance industry, it is illegal to redline by race and ethnicity — that is, to charge higher premiums to certain groups — but it is perfectly permissible to redline by ZIP code.”

“If our typical senior household sold off every other asset they held they would have roughly enough money to pay off their mortgage. Then they would be entirely dependent on their Social Security check to support themselves.”

“With regard to the picture It’s a Wonderful Life, [redacted] stated in substance that the film represented rather obvious attempts to discredit bankers by casting Lionel Barrymore as a ‘scrooge-type’ so that he would be the most hated man in the picture. This, according to these sources, is a common trick used by Communists.”

 


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