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Economy
The middle class is finally on its knees
2010-09-14
Posted by:GolfBravoUSMC

#4  DAILY TIMES.PK > [Beijing Expert Ding Yifan]"BEWARE STARTING US-CHINA TRADE WAR", as in the former's view the US WILL BE THE LOSER IN SAID SAME WAR.

AND

* DAILY STAR [Lebanon] > US DEMS BRACE FOR FALLOUT AS US POVERTY RATES ON TRACK TO POST/MAKE RECORD GAINS IN 2009 [NOT seen in US since 1960's = Year 1965].

ARTIC = RATES FOR US WORKING-CLASS POOR going "BACK TO THE FUTURE" of 1965 + POTUS LBJ's "GREAT SOCIETY" PROGRAMS espec Johnson's "WAR ON POVERTY" PROGRAM.

* ARAB TIMES > ECNOMISTS DIRE WARNINGS ABOUT US ECONOMIC APOCALYPSE GAINS GROUND.

ALL TOGETHER NOW, WID FEELING, SONG > "HEY, HEY, CLASS OF '65....IT MAY-Y-Y [not] BE ALRIGHT"???
Posted by: JosephMendiola   2010-09-14 22:14  

#3  The U.S. now has 403 billionaires with a collective net worth of $1.3 trillion. The Top 20 include:


1. Warren Buffet
2. Bill Gates
3. Sheldon Adelson
4. Larry Ellison
5. The Waltons (Including Johnboy?)
6. Sergey Brin
7. Larry Page
8. Charles & David Koch
9. Michael Dell
10. Paul Allen
11. Kirk Kerkorian
12. Steven Ballmer
13. Abigail Johnson
14. Carl Icahn
15. Mars Family
16. Jack C. Taylor
17. Donald Bren
18. Anne Cox Chambers
19. Michael Bloomberg
20. George Kaiser


Posted by: GolfBravoUSMC   2010-09-14 14:46  

#2  "unions were brutally attacked and demonized,"
And for a very good reason.
Posted by: Deacon Blues   2010-09-14 13:37  

#1  Bob Herbert nuff said
Posted by: Beavis   2010-09-14 13:08  

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