Pax on both houses: "The 1%" Is Ungodly Rich. The Lives Of Most Americans Are Degraded By Poverty

Friday, September 13, 2013

"The 1%" Is Ungodly Rich. The Lives Of Most Americans Are Degraded By Poverty

"The One Percent"

This 80-minute documentary focuses on the growing "wealth gap" in America, as seen through the eyes of filmmaker Jamie Johnson, a 27-year-old heir to the Johnson & Johnson pharmaceutical fortune. Johnson, who cut his film teeth at NYU and made the Emmy®-nominated 2003 HBO documentary Born Rich, here sets his sights on exploring the political, moral and emotional rationale that enables a tiny percentage of Americans - the one percent - to control nearly half the wealth of the entire United States. The film Includes interviews with Nicole Buffett, Bill Gates Sr., Adnan Khashoggi, Milton Friedman, Robert Reich, Ralph Nader and other luminaries.

You Can Freely Stream "The One Percent" http://www.youtube.com/watch?v=HmlX3fLQrEc

You Can Freely Stream "Inside Job" at http://paxonbothhouses.blogspot.com/2011/10/daily-dose-october-152011.html

Inequality For All," Robert Reich Documentary http://paxonbothhouses.blogspot.com/2013/09/inequality-for-all-robert-reich.html

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"Politics and Economics: The 101 Courses You Wish You Had"

http://paxonbothhouses.blogspot.com/2012/01/politics-and-economics-101-curricula.html

Follow the money!

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Alan: Diane Rehm's excellent panel exposes the economic catastrophe adumbrated by untenable wealth disparity.

Implications of America's New Gilded Age

GUEST HOST:

TOM GJELTEN

Thursday, September 12, 2013

In this photo provided by the Chicago Yacht Club, yachts in the cup division pass the Chicago skyline at the start of the Race to Mackinac sailboat race across Lake Michigan, Saturday, July 13, 2013.

Audio File at http://thedianerehmshow.org/audio-player?nid=18220

Five years after the collapse of Lehman Brothers, the U. S. economy is emerging from the “Great Recession.” Home sales are rebounding and the auto industry is surging while banks are showing healthier balance sheets and credit is easing. But according to a new study, not everyone is enjoying the same level of improvement; the top one percent of American wages are close to full recovery while the bottom 99 percent have barely begun to recover. In fact, the top 10 percent of U. S. earners took in more than half the country’s total income last year, the first time that has happened in a century. Guest host, Tom Gjelten, and his guests examine what this income gap means for the American economy, society, and political system.

Guests

Stephanie Coontz

director of research and public education, Council on Contemporary Families and professor of family history, The Evergreen State College; author of "A Strange Stirring: The Feminine Mystique and American Women at the Dawn of the 1960s"

Dante Chinni

columnist, The Wall Street Journal and director, American Communities Project at American University

Thomas Edsall

professor of journalism, Columbia University and columnist, The New York Times; author of "The Age of Austerity: How Scarcity Will Remake American Politics"