Day: November 21, 2011

Who’s Wrecking America? Meet Your 1% Nominee

On By Anne LeonardIn 99%, ANTI WAR, Democrats, EQUAL RIGHTS, EQUALITY, Justice, Liberals, Occupy America, Occupy Together, Occupy Wall Street, peace, Politics, RIght Wing Nuts, Tea Party, WOMEN1 Comment
Now you can vote on some of the most infamous members of the 1% — financial fraudsters, union-busters, weapons contractors, and more.

 The Occupy movement has drawn attention to how too many in the 1% get to play by their own rules while exploiting the 99%. But who’s doing the most to damage our economy and democracy?

We at Brave New Foundation have launched a website where you can vote on some of the most infamous members of the 1% — financial fraudsters, union-busters, weapons contractors, and more. Then we’ll make a series of videos exposing the ones that you rank as the very worst. As our friends at Fox News might put it: We film. You decide.

TIME TO ELECT A NEW CONGRESS REFLECTIVE OF THE 99%

On By Anne LeonardIn 99%, Democrats, EQUAL RIGHTS, EQUALITY, Justice, Liberals, Occupy America, Occupy Together, Occupy Wall Street, peace, Politics, RIght Wing Nuts, Tea PartyLeave a comment

FOR IMMEDIATE RELEASE

Contact: Michael Beckel, 202-354-0108 or press@crp.org

These days, being a millionaire typically qualifies you as part of the one percent. But in Congress, it only makes you average.

About 47 percent of Congress, or 250* current members of Congress, are millionaires, according to a new study by the Center for Responsive Politics of lawmakers’ personal financial disclosure forms covering calendar year 2010. The Center’s analysis is based on the median values of lawmakers’ disclosed assets and liabilities.

That lofty financial status is enjoyed by only about one percent of Americans.

“The vast majority of members of Congress are quite comfortable, financially, while many of their own constituents suffer from economic hardships,” said Sheila Krumholz, executive director of the Center for Responsive Politics.

“It’s no surprise that so many people grumble about lawmakers being out-of-touch,” Krumholz continued. “Few Americans enjoy the same financial cushion maintained by most members of Congress — or the same access to market-altering information that could yield personal financial gains.”
READ THE ENTIRE STORY HERE