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Thursday, January 18, 2007
Today, we're going to present some data about income and wealth distribution that you've probably never before seen brought together in one place. Make sure your seat belt is securely fastened.
For example, let's take the wealthiest 1/10 of one percent of all Americans. There are 130,500 such taxpayers.
They have more income than the 120 million Americans at the bottom.
Nice, huh?
How about wealth?
The 400 richest Americans are all billionaires.
Would you believe that they have as much wealth as the entire bottom half of the nation?
Yes, these 400 families have as much wealth as 57 million other American families.
And globally, the situation is even worse.
Listen to the podcast for more details.
(PS: Right-wingers, if you want to write in to me, fine, but at least do me the courtesy of listening to the podcast first, and don't respond just on the basis of the brief written summary above. Thanks!)
For those who aren't familiar with podcasts, podcasts are a series of mp3 audio files that you download to your computer or portable music device (iPod or other) and then can listen to whenever you want.
You don't need an iPod to listen to podcasts.
Podcast software like iTunes will automatically check a podcast at intervals you specify, and download any new installments.
iTunes is free and very easy to use. http://www.apple.com/itunes/
In iTunes, if you want to subscribe to my podcast, just click on Advanced at the top right, then choose Subscribe to Podcast, and paste in the URL http://feeds.feedburner.com/blasttheright
That's the URL to use for other podcast-friendly software programs as well.
Alternatively, you can just manually download new episodes from my podcast home page as they become available. Here is a link to my podcast's home page: http://www.therationalradical.com/podcast.html
Enjoy!!
Jack Clark 10:40 PM [+]
Post #116918889732222745
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