Janet Yellen: Widening Wealth Gap

Posted by admin on Monday, October 20, 2014

Janet Yellen Money Quotation saying wealth distribution has become top heavy toward the rich to the point of looking like a third-world economy. Janet Yellen said

The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent than in most advanced countries
– Janet Yellen

Categories: fairness Tags: , ,

Janet Yellen on Housing Wealth Lost

Posted by admin on Sunday, October 19, 2014

Janet Yellen Money Quotation saying real estate prices for homes have not recovered fully, a loss in American assets for the middle class. Janet Yellen said:

Widening inequality resumed in the recovery, as the stock market rebounded, wage growth and the healing of the labor market have been slow, and the increase in home prices has not fully restored the housing wealth lost by the large majority of households for which it is their primary asset
– Janet Yellen

Categories: fairness Tags: , , , , , ,

Janet Yellen: Wealth Disparity & #Inequaltiy

Posted by admin on Saturday, October 18, 2014

Janet Yellen Money Quotation saying no gains for most Americans in real income for decades, but great growth for the wealthy. Janet Yellen said:

The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority
– Janet Yellen

Categories: fairness Tags: , , ,

Matthew Arnold on Class Valuation

Posted by admin on Friday, October 17, 2014

Matthew Arnold Money Quotation saying we create the unequal classes by valuing only one of them, cheapening one and abusing the least of them. Matthew Arnold said:

Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class
– Matthew Arnold

Categories: fairness Tags: , ,

Financial Inequality Quotes – #blogactionday #bad2014

Posted by admin on Thursday, October 16, 2014

“Here’s what income and wealth #inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable” — Bernie Sanders

Blog-Action-Day-2014

“Widening inequality resumed in the recovery, as the stock market rebounded, wage growth and the healing of the labor market have been slow, and the increase in home prices has not fully restored the housing wealth lost by the large majority of households for which it is their primary asset” – Janet Yellen

“A State divided into a small number of rich and a large number of poor will always develop a government manipulated by the rich to protect the amenities represented by their property”
–- Harold Laski

“An imbalance between rich and poor is the oldest and most fatal ailment of all republics” –- Plutarch

“The root cause of poverty is social injustice and the bad government that abets it” – Colin Powell

“The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority” – Janet Yellen

Money will determine whether the accused goes to prison or walks out of the courtroom a free man
– Johnnie Cochran

“Idiots are always in favor of inequality of income (their only chance of eminence), and the really great in favor of equality” — George Bernard Shaw

“Rather than double-down on the top-down economics that let a fortunate few play by their own rules let’s embrace an economic patriotism that says we rise or fall together as one nation and as one people” – Barack Obama

“The rich hire lawyers and accountants for a reason – to pass the tax bill on to you.” — George W. Bush

“Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class.” –- Matthew Arnold

“[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. …the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013″ – Janet Yellen

“Men have to work and women to marry for money. It’s a dreadfully unjust world” —- Louisa May Alcott

“We are prone to judge success by the index of our salaries or the size of our automobiles, rather than by the quality of our service relationship to humanity” – Dr. Martin Luther King, Jr.

America today is looking more and more like a colonial economy, with a system increasingly tilted toward enriching the wealthy 1 percent
— Robert F. Kennedy Jr.

“As a general rule, nobody has money who ought to have it” – Benjamin Disraeli

“Just over half of the total value of inheritances went to the top 5 percent and 40 percent went to households in the next 45%” – Janet Yellen

“A man willing to work and unable to find work is perhaps the saddest sight that fortunes inequality exhibits under this sun” — Thomas Carlyle

“Overcoming poverty is not a gesture of charity. It is an act of justice” — Nelson Mandela

“I believe it is wrong, in a country of such wealth and prosperity, to have 36 million Americans living in poverty.” — John Edwards

“Poverty arises and persists where corruption is endemic and enterprise is stifled, where basic fairness provided by the rule of law is absent” — Colin Powell

“When the rich make war, it’s the poor that die -– Jean-Paul Sartre

“My major problem with the world is a problem of scarcity in the midst of plenty … of people starving while there are unused resources … people having skills which are not being used” — Milton Friedman

“American families cannot compete with billionaires. Our involvement in government should not be dependent on our bank account balances”
Harry Reid

We should be addressing income inequality, creating a jobs program, raising the minimum wage, passing pay equity for women and expanding social security
– Bernie Sanders

“The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent than in most advanced countries” – Janet Yellen

Categories: fairness Tags: , , ,

Marian Wright Edelman on Spending For Kids

Posted by admin on Wednesday, October 15, 2014

Marian Wright Edelman Money Quotation saying we’re willing to pay the cost of incarceration rather than valuing keeping them in their own home. Marian Wright Edelman said:

We are willing to spend the least amount of money to keep a kid at home, more to put him in a foster home and the most to institutionalize him
– Marian Wright Edelman

Categories: spending Tags: , ,

Kevin Bacon on Need vs. Greed

Posted by admin on Tuesday, October 14, 2014

Kevin Bacon Money Quotation saying it makes little sense to make more when you have no need of it – that is simply being greedy. Kevin Bacon said:

I think one of the most pervasive evils in this world is greed and acquiring money for money’s sake
– Kevin Bacon

Categories: frugality Tags: ,

Marian Wright Edelman: Values Problem

Posted by admin on Monday, October 13, 2014

Marian Wright Edelman Money Quotation saying there is an endless supply of cash is the US – our problem is what we choose to do with it. Marian Wright Edelman said:

We do not have a money problem in America. We have a values and priorities problem
– Marian Wright Edelman

Categories: giving Tags: , ,

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