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


“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

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