Monday, November 17, 2014

Selfishness by the Wealthiest - 4 stories

http://www.alternet.org/economy/four-sordid-tales-selfishness-super-rich?akid=12472.294211.bbQwai&rd=1&src=newsletter1027216&t=5

  If the mainstream media made the effort to analyze and report the facts, the whole country would know about a level of selfishness that has spiraled out of control since the economists of the Reagan era convinced the wealthiest Americans that greed is good for everyone. Here are four extreme examples of that selfishness. 
1. A related problem with philanthropy is  summarized by Stacy Palmer, editor of The Chronicle of Philanthropy: "Wealthy people tend to give to colleges, art museums, opera and hospitals very generously...Food banks depend more on lower income Americans." 
The Chronicle of Philanthropy confirmed that Americans with annual earnings under $100,000 increased their post-recession giving by 4.5 percent. Americans who earned over $200,000 reduced their giving by 4.6 percent over the same time period. 
2. Going To Their Graves Without Paying What They Owe 
Charles Koch, who is very much alive, said "I want my fair share - and that's all of it."

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