Sunday, October 14, 2007

US Income Gap Widens, Richest Share Hits Record

The CommonDreams.org Reuters reprinted original

Washington - The gap between America’s richest and poorest is at its widest in at least 25 years, with the wealthiest taking home a record share of the nation’s income that exceeds even the previous high in 2000.

According to recent data from the Internal Revenue Service, the richest 1 percent of Americans earned 21.2 percent of all U.S. income earned in 2005. That is a significant increase from 2004 when the top 1 percent earned 19 percent of the nation’s income. [more]...

Thursday, October 11, 2007

Canadian Mint Sues Toronto, Claims to Own the Word "Cent"

Go to Canada.com original

The mint is demanding the city pay $47,680 for using a picture of the “tails” side of a Canadian penny in its brochures, banners and advertisements for the campaign, aimed at persuading Ottawa to set aside one cent of every six collected under the goods and services tax (GST) for municipalities. The mint is also seeking compensation for the city’s use of the phrase “one cent” in the campaign. [more]...

Robert Reich: Is Capitalism Always Good for Democracy?

Police Brutality of the Day-10/11

Congress to Pass Bill on Armenian Genocide

The Jerusalem Post Original

The US House of Representatives Foreign Affairs Committee is expected to approve a bipartisan bill on Wednesday that calls on the US to recognize the World War I massacres of Armenians as genocide. [more]

The Forgotten Holocaust-Turkey's Armenian Genocide

Tuesday, October 9, 2007