Plautus: Essentials Are Not Purchased

Posted by admin on Saturday, October 25, 2014

Plautus Money Quotation saying existence is free of charge and requires no earning or spending – no cost. Plautus said:

The day, water, sun, moon, night – I do not have to purchase these things with money
– Plautus

Categories: philosophical Tags: ,

Jason Alexander: Government Paid For By US

Posted by admin on Friday, October 24, 2014

Jason Alexander Money Quotation saying we get the government that is paid for – however, politicians were purchased by PACs, businesses and billionaires. Jason Alexander said:

Do you know what ‘Paid for by’ really means? It means a billion dollars in the last election. Our government is filled with people who have been PAID FOR

– Jason Alexander

Categories: politics Tags: , , , ,

Janet Yellen on Wealth Inequality History

Posted by admin on Thursday, October 23, 2014

Janet Yellen Money Quotation saying the past century has seen wealth move toward the top out of the hands of those in the middle. Janet Yellen said:

By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then — Janet Yellen

Categories: politics Tags: , , ,

Janet Yellen: Wealthiest 5% Hold 2/3 Assets

Posted by admin on Wednesday, October 22, 2014

Janet Yellen Financial Assets GraphJanet Yellen Money Quotation saying the richest five percent hold two thirds of financial assets in the United States. Janet Yellen said:Janet Yellen said:

[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

Categories: investment Tags: , , , , , , ,

Janet Yellen: 50% Inheritances to Top 5%

Posted by admin on Tuesday, October 21, 2014

Janet Yellen Inheritance Income graphJanet Yellen Money Quotation saying wealth willed to top 5% represents half of all inherited money, staying within already rich families. Janet Yellen said:

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

Categories: fairness Tags: ,

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: , , ,

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