US billionaires richer, poor poorer


This video from the USA is called Headzup: Bush‘s X-Mas Message For The Richest One Percent.

Bonuses for CEOs at the largest US firms rose by 11 percent last year as millions of workers remain mired in the worst economic crisis since the Great Depression: here.

Lame duck US Congress moves to cut taxes for rich, end of benefits for unemployed: here.

USA: The ongoing “turmoil” roiling megabanks and their faulty home foreclosure practices may represent deeper, more systemic problems regarding the origination, transfer and ownership of millions of mortgages, potentially putting Wall Street on the hook for billions of dollars in unexpected losses and threatening to undermine “the very financial stability that the Troubled Asset Relief Program was designed to protect,” a government watchdog warns in a new report: here.

Members of US Congress increased their combined personal wealth by more than 16 percent from 2008 and 2009. Nearly half are now millionaires: here.

The US Department of Justice has quietly dropped its investigation of Angelo Mozilo, the former head of mortgage lender Countrywide Financial and one of the most culpable figures in the financial meltdown of 2008: here.

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