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'Put that down, cancel that': the Guardian tracks Philip Green to Monaco | Business | The Guardian
Philip Green
another big employer with a nearly a billion-pound pension deficit, which might mean the gov had to bail the scheme out.

https://www.theguardian.com/business/2019/may/23/philip-greens-retail-rescue-plan-torpedoed-by-pension-watchdog - Philip Green's retail rescue plan at risk over pension scheme
Philip  Green  Arcadia  1%  tax  evasion  avoidance  Retail  crisis  highstreet  pension  deficit  bailout  scheme  greed  plutocracy  DonaldTrump  Donald  Trump  Brexit  oligarchy  Aristocracy  inequality  poverty  trap  minimum  wage  working  poor 
yesterday by asterisk2a
Low-Income College Students Are Being Taxed Like Trust-Fund Babies - The New York Times
Students with large financial aid packages are finding their nontuition assistance for items such as room and board taxed by as much as 37 percent, even if their family income tax rates are much lower.
Republicans  taxes  taxes_rates  taxes_policy  colleges  universities  Trump  99%  1%  grade_A  TheNewYorkTimes 
6 days ago by Marcellus
Tuition or Dinner? Nearly Half of College Students Surveyed in a New Report Are Going Hungry - The New York Times
A survey released this week by Temple University’s Hope Center for College, Community and Justice indicated that 45 percent of student respondents from over 100 institutions said they had been food insecure in the past 30 days. In New York, the nonprofit found that among City University of New York (CUNY) students, 48 percent had been food insecure in the past 30 days.
poverty  inequality_economic  education  colleges  universities  99%  1%  grade_A 
22 days ago by Marcellus
Stumbling and Mumbling: The 1% vs the 0.1% - Chris Dillow
One is simply that they are aware of it. For the poor, the rich are out of sight, out of mind: in fact, they grossly under-estimate just how much the rich make. The 1%, however, see it more clearly. We compare ourselves to people like us. And the 1% benchmark themselves against the 0.1%. They are often university contemporaries, so one might resent why the no-mark who was no smarter than him is earning five times as much. Or they might compare social utilities. A doctor covered in blood will wonder why he is paid so much less for saving somebody’s life than a banker is paid for – well, what? And of course the 1% sees the 0.1% close up. Just as no man is a hero to his valet, so nobody in the 0.1% is a hero to his underling. Middle-managers have a lively awareness of the short-comings of senior managers, as professors do of the foibles of vice-chancellors.
wealth  psychology  resentment  1%  economy  class 
10 weeks ago by max_read
(1086) Middle Class Loses, Plutocrats Win With Trump's Tax Cuts - YouTube
and the 10% the new Aristocracy.
Trump with this tax cut program cut himself short and in trouble
Also broken promise on infrastructure spending
Also broken promise on health care.
DonaldTrump  Donald  Trump  tax  Plutocracy  Oligarchy  GOP  1%  10%  middle-class  American  Dream  USA  economic  history  GFC 
12 weeks ago by asterisk2a
#FightFor15 Leader Terrence Wise Testifies on Raise the Wage Act
#FightFor15 Leader Terrence Wise Testifies on Raise the Wage Act
1%  capitalism  socialism 
12 weeks ago by bobpeckiv
‘We've dug ourselves a really deep hole’ – David Neiwert on the rise of the far right | World news | The Guardian
Nostalgia
“I mean, Trump’s all about ‘make America great again’. It’s this idea that this American exceptionalism will never die. And it has to die,” he says. He looks out of his window once more, over a neighbourhood partly buried under the glass, steel and concrete of the gentrifiers.

“It has to die because it’s killing us.”

Brexit Nostalgia - Fintan O'Toole
USA  far-right  right-wing  alt-right  Neo-Nazi  neonazi  nazi  nationalism  patriotism  antisemitism  conspiracy  theory  authoritarianism  demagogue  neoliberalism  democracy  1%  media  history  9/11  extremism  Rechtsextremismus  Rechtsruck  Brexit  AfD  PEGIDA  DonaldTrump  Donald  Trump  GOP  Republican  American  Dream  post-racial  America  exceptionalism  MAGA  nostalgia  book 
january 2019 by asterisk2a

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