Topic: Wealth

Article: The Political Face of Christianity

X Comments    Last updated: 2015-02-17 09:02:51

As Christians, are we showing a public image of love and grace? Or do non-believers see us as judgmental, critical and selfish? Read More...

Article: What You Can Do To Help Throw Out Washington Money Changers

X Comments    Last updated: 2015-08-14 11:35:26

A Challenge to Christians Who Believe That The Message Of Jesus Is About  Grace, Love, Integrity, and Peace for ALL.
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Article: Pope Francis, in Sweeping Encyclical, Calls for Swift Action on Climate Change

X Comments    Last updated: 2015-11-04 20:28:49

Read excerpts from this 184 page challenge to humanity.
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Article: 35 Of Pope Francis's Most Prophetic Statements

X Comments    Last updated: 2015-10-26 20:00:37

Pope Francis has brought new spirit into the Church with his humble lifestyle and direct and often challenging commentary on world affairs and personal ethics.  
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Sherrod Brown Ohio Sen
Members of the House of Representatives get hundreds of thousands of dollars in farm subsidies yet want to cut food stamps.
15 members of Congress got farm subsidies in 2012, including Rep. Steve Fincher of Tennessee, who has collected nearly $3.5 million in subsidies since 1999; Rep. Doug LaMalfa of California and his wife own one third of DSL LaMalfa Family Partnership, which in 2012 alone got $188,570; Rep. Marlin Stutzman of Indiana has received $196,268 in farm subsidies since 1997.
Pope Francis
Pope Francis attacks 'Idolatry Of Money', slams Capitalism, tell the rich to pay their share.
In an 84-page document which is essentially the official platform for his papacy, Pope Francis beseeches politicians to guarantee all citizens "dignified work, education and healthcare". He condemns an economy of exclusion and inequality. Read about his first year.
Sarah Palin
Palin says the Pope is too liberal
In a November 12 interview with Jake Tapper.
Pope Francis
Pope Francis Challenges Davos Elite: 'Humanity To Be Served By Wealth, Not Ruled By It'
In a message to more than 2,500 participants at the annual World Economic Forum, the pontiff urged industrialists and bankers to promote inclusive prosperity, but stopped short of chiding them for excesses laid bare by the global financial crisis.
Hillary Clinton
Clinton said, "We're going to take things away from you on behalf of the common good."
This is one of a list of purported "Marxist" quotes made by Hillary Clinton, all taken out of context or otherwise skewed.  This quote was actually from a fundraiser speech Clinton gave to relatively well-to-do Democrats.

Divided Church
Is this the year Liberals take back religion from Conservatives?
This comprehensive editorial reviews a wide range of trends to explore this issue.
Ted Cruz Tx
Cruz claims the single biggest lie in politics is that Republicans are the party of the rich. But is it really the truth?
The data show wealthy Americans are not universally Republican, though they tend to lean and vote that way. Cruz never really explains why he believes this is the “biggest lie.” Instead, he attacks President Obama for presiding over an increase in income inequality and says that the president’s policies, such as the health-care law, have negatively affected “young people, Hispanics, African Americans, single moms.
Charles Koch
Says he has engaged in the political process "only in the past decade."
Charles Koch personally gave more than $50,000 to candidates and political committees donations prior to 2004. And collectively, his brother and the PAC of the company they own directly supported candidates and political committees to the tune of $7 million over the same period.  He has also spent mega-dollars on "educational" and lobbying efforts.
Harry Reid
The Koch brothers combined wealth makes them "the richest people in the world.
According to Forbes, Charles and David Koch rank second internationally to six members of the Walton family.
Organizing For Action
A Koch brothers group is "going to college campuses, giving away free booze to try to bribe young folks out of getting health insurance."
Generation Opportunity, a Koch brothers-backed group, didn’t bribe students, but they did offer alcohol to young people at Opt-Out events near college campuses, to encourage young people to consider buying health insurance other than the Affordable Care Act.
Charles Koch
Are ads from Koch brothers-supported group accurate?
Americans for Prosperity, the political organization founded by the Koch brothers, has never received higher than a Half True on any of the 13 ads reviewed by the PolitiFact national team. Four were false; five were mostly false; and two were rated pants-on-fire.  That averages to a composite score of between false and mostly false.
Freedom Partners
Freedom Partners, a Koch brothers group, placed ads accusing Rep. Bruce Braley of giving 'special favors' to insurers by voting for Obamacare
It’s ridiculous to suggest that donors who contributed less than 1 percent of his warchest weighed more heavily on his vote than his ideology, his past campaign promises and his partisan affiliation. 
Bob Beckel on The Five
"The Koch brothers are one of the biggest polluters in the country."
Koch Industries operates over 100 plants across the country. According to one ranking, it is not responsible for the most significant releases but it does land within the top 30 on one list and the top 15 on another.
Donald Trump
"ObamaCare enrollment lie: Obama counts an enrollee as a web user putting a plan in ‘their online shopping carts.’"
An application must be submitted to be considered enrolled. Some insurance companies accept payment online, and others mail statements. Most states require a month grace period. Trump has oversimplifed a highly regulated private industry.
Americans For Tax Reform
Obama has proposed 442 tax hikes, says anti-tax group
PolitiFact analysis suggests about 200 items should be knocked off of the list that is attached to this claim, because they are duplicate items that show up in multiple budgets.  Many other items were proposals that cannot be considered tax increases. Seventy percent of claims by this group are rated partly false or pants-on-fire.
Neera Tanden Center For American Progress
"95 percent of the income gains in the last few years have gone to the top 1 percent."
Tanden was commenting on the Supreme Court’s 6-2 decision allowing states to effectively ban affirmative action. She accurately reflected the findings of a much publicized report, however some other studies show slight differences.
Alicia Menendez HuffPost Live
"A white family is likely to have about six times as much wealth than a black or Hispanic family coming out of the recession."
A study from the Urban Institute supports her statistic. Other research shows an even wider gap, further proving her point that race is a factor in U.S. wealth.
Americans For Prosperity
Washington Post debunks Americans for Prosperity ads criticizing Obamacare.
Americans for Prosperity, the limited-government group sponsored by the Koch brothers has spent $35 million attacking Democrats over the Affordable Care Act, but their new expensive ads are false.
Rush Limbaugh
Limbaugh: 'Some of the wealthiest Americans are African-American now'
Of the top 400 wealthiest Americans, exactly one is African-American, Oprah Winfrey -- that’s 1/4 of one percent. Also, no other African-American is really all that close to breaking into the Top 400.
Elizabeth Warren Sen Mass
"Today, the five largest financial institutions are 38 percent bigger than they were back in 2008, when they were too big to fail."
Politifact experts took some issue with her loose characterization of "too big too fail" but her underlying point is largely accurate and verified by financial facts.
Mitch McConnell, sen KY
Says a new report shows the "devastating tax hikes (in the health care law) will have on middle-class Kentuckians."
Other than an excise tax on high-cost plans, the Congressional Budget Office Report that he refers to showed how more high-income earners will have to pay taxes over time, but most of the middle class wouldn’t be affected, even 25 years from now.
Pope Francis
Pope Francis: 'Put The Needs Of The Poor Ahead Of Our Own'
Pope Francis, who has always championed the poor and vulnerable, said “Our needs, even if legitimate, will never be so urgent as those of the poor, who lack the necessities of life,"
Bernie Sanders Vt Senate
Bernie Sanders says tax share paid by corporations has fallen from 33% to 9% since 1952
True, however tax rates and rules have changed. Most business income is now taxed through the individual income tax code, rather than the corporate code. Between 1980 and 2010, business income income has increased fivefold, from $320 billion to more than $1.6 trillion.
Naoim Klein, Author
Klein's new book, This Changes Everything, is a wake-up call to those who profit from damaging our earth.
Global warming, according to Klein's book, This Changes Everything, is not about carbon—it’s about capitalism. Our economic model is waging against life on earth. Our environment is loosing the battle to corporate profits.
Warren Buffett
Warren Buffett thinks it's a problem that some of the wealthiest Americans pay lower tax rates than their housekeepers.
Currently income earned from stock dividends and capital gains is taxed at rates far lower than ordinary income from work.  This increases income inequality and penalizes the middle and working class. Even with lucrative loopholes corporations are fleeing overseas to pay even less.
Republican Policies Questioned
Republicans For Kansas Values are backing the Democratic candidate for governor because the Republican agenda has backfired in Kansas.
This organization, supported by an extensive list of notable Republican politicians and public servants, has posted an impressive statement called, Why Sam Brownback’s Policies are Taking Kansas in the Wrong Direction. They say these Republican policies have caused deficit spending, drastic cuts in education and highway spending, hurt job growth, benefited special interests at the expense of the people, and downgrades Kansas character and creates embarrassing headlines.
Taxes
Business Insider reviews the history of taxes and economy and shares THE TRUTH ABOUT TAXES.
"Historical analysis shows that for most of the century, including some boom times, top-bracket income tax rates were much higher than they are today.".. "History shows super-high tax rates on rich people do not appear to hurt the economy.".. "Periods of very low tax rates have been followed by periods with very high tax rates, and vice versa. So history suggests that tax rates will soon start going up."
Janet Yellen Economist
Yellen, American economist and Chair of the Board of Governors of the Federal Reserve System, says "inequality is downright un-American" and has "ill effects on the economy."
"Income and wealth inequality are near their highest levels in the past hundred years." Her comments come after the Swiss bank Credit Suisse recently warned that inequality in the U.S. is at levels that have been associated with recessions in the past.
Rick Perry Gov Tx
Perry said this week that income inequality is not a problem in Texas. "Biblically, the poor are always going to be with us in some form or fashion."
 The facts are, Texas has the 13th highest poverty rate in the United States. Texas is one of nine states with the highest levels of income inequality. Texas has created over a million jobs since the recession began. But it has also added a quarter million more part-time workers who want full-time jobs. Mark 14:7 says the poor will be with you but it does not say to ignore them.
Jeb Bush Fl
America lags behind most every developed country in terms of being able to move up the economic ladder.
The American dream that hard work could pay off is want made America great, but evidence shows that is no longer true. Bush says that we must fix our education system in order to turn that around. Many would say income inequality is the cause.
Louie Gohmert, R-TX
Says President Barack Obama has "not proposed one thing that would change" the fact that Warren Buffett pays a lower tax rate than his secretary.
In fact, Obama has on multiple occasions proposed changing the tax code so that it complies with the "Buffett rule," which attempts to ensure that high-income people pay a certain percentage of their income in taxes that is at least higher than what middle-class people pay.
Elizabeth Warren Sen Mass
"The average family not in the top 10 percent makes less money today than they were making a generation ago."
According to one measurement, the bottom 90 percent of American earners had a lower income in 2012 than they had 30 years ago. She’s arguing that middle-class wages haven’t increased enough over the past couple decades.
Inspiration
Some people are so poor, all they have is money.
This wisdom by Sirius XM talk show host, Patrick Meagher is worth repeating and pondering.

David Hamilton Koch
The Republican race has devolved into a battle among headstrong billionaires, each with a pet candidate.
Campaigns are still discovering how they can exploit the freedom from regulation that the Supreme Court has granted since its Citizens United decision in 2010. NY Times suggests that Instead of debates among the candidates, let's go straight to the top — and ask for debates among their billionaire donors instead.
NFL
The National Football League is giving up its not-for-profit tax status.
While the league is tax-exempt, the $1 billion or so it makes a year is distributed to the 32 teams, all of which do pay taxes. Now league executives don't have to report their huge salaries, like Roger Goodell's  $35 million 2013 salary. An estimated $5.4 billion in taxpayer dollars have spent on stadiums opened since 1997. The NFL also gets $4 billion in tax breaks on the bonds used to finance stadiums.
Anti-smoking Efforts
As nicotine use has decreased in rich countries, Tobacco companies are fighting to force developing countries to make up for losses in their revenue.
All over the world countries are trying to stop nicotine addiction, but tobacco companies are delaying or blocking implementation of anti-smoking laws in poorer countries by tying them up in litigation, saying that their tobacco laws violate an expanding web of trade and investment treaties.
Hillary Clinton
Democrats wage a national fight over gerrymandering and restrictive voting rules.
Democrats allied with Hillary Rodham Clinton are mounting a nationwide legal battle seeking to single out voting laws in Texas, Florida, North Carolina, New Jersey, Ohio and Wisconsin that limit participation, especially among minorities, the poor and younger voters, who disproportionately cast their ballots for Democrats.
George W Bush
George W. Bush charged $100k for speech fundraiser for the wounded vets that he sent into harms way.
The 2012 Helping a Hero Gala "raised unprecedented funds", but veterans who lost limbs are incensed that he charged $100,000 plus $20,00 for private jet. Bush's typical speaking fee
is $250,000.  These extravagant fees are common for all former presidents.
Lindsey Graham R Sc
Republican presidential candidate unloads on Fox News during Fox News interview.
Presidential candidate and Sen. Lindsey Graham is furious about Fox News' rules for the first GOP primary debate. Graham said Fox's poll-driven process is "destroying" the opportunity for all of the scrappy, underfunded candidates to win over voters in the small, early primary states. 
Hillary Clinton
Hillary Clinton said Rubio's tax plan would mean a huge tax break for millionaires.
"Sen. Rubio’s (tax plan) would cut taxes for households making around $3 million a year by almost $240,000, which is way more than three times the earnings of a typical family."
Hillary Clinton, Presidential Candidate
Hillary Clinton says she called for Wall Street regulations early in the financial crisis.
In March 2007, before the depression gained traction, Clinton began addressing the subprime mortgage issue; warning about risks of derivatives; cracking down on subprime mortgages; and asking for improved financial oversight.
Bishop Franz-Peter Tebartz-van Elst
'Bishop Of Bling' to be held accountable for excesses.
A German Catholic diocese wants to make its disgraced former “bishop of bling” responsible for the 3.9 million euros ($4.9 million) in losses incurred during the luxury makeover of his residence and office. The Vatican has banished him from the diocese and he has resigned.
Bernie Sanders Vt Senate
"The top one-tenth of 1 percent" of Americans "own almost as much wealth as the bottom 90 percent."
Sander's claim repeats a finding from a study by two internationally known economists that were supported by two other major economists PolitiFact contacted. The study has been criticized for not including Social Security in the wealth calculations.
Donald Trump
Trump brags about giving money to his opponents in order to get favors.
In the GOP debate, Trump said that he gave money to other candidates for favors.  When asked for examples, he said Hillary Clinton when to his son's wedding.  (We hope other political favors will be revealed soon.)
Charles Koch
New report examines Kochs' role in Hurricane Katrina damage and slow recovery.
The report says that Koch and other oil and gas pipeline companies caused destruction of wetlands south of New Orleans, eliminating New Orleans' "natural protection, and exacerbating the damage done when Katrina hit, .They continue to oppose reform legislation.
Steve Hawkings
Stephen Hawking: Machines won't be the problem in the future, wealth inequality will be.
During a Reddit AMA (Ask Me Anything) interview about Artificial Intelligence (AI) he said, "If machines produce everything we need....and machine-owners successfully lobby against wealth redistribution," as is now the trend, most people will end up miserably poor.
David H Koch
Report reveals nefarious history of the Koch brothers, who have bought an entire political party and many elections.
Rolling Stone's Tim Dickinson explores the literally toxic—business that earned the Kochs enough money to buy up an entire political party.  They include a wrongful death judgement, six felony and numerous misdemeanor convictions, the tens of millions of dollars in fines, and trading with Iran. The Koch brothers don't argue the facts in Dickinson's story, instead they attack the author.
Income Inequity
Income inequality is a religious test. We must reclaim the Heart of our Humanity.
Jim Wallis, who spoke to the Parliament of the World's Religions said, if you believe that every human being regardless of religion or nationality, is made in the image of God, is a child of God, and if you believe in loving your neighbor then income inequality is a spiritual issue, a moral issue, and a religious test of our belief.  We can address inequality through human dignity, stewardship, and the common good.
Chris Christie
Christie said the Democrats plan "to raise your tax rates to 70 or 80 percent."
None of the three Democrats running have proposed raising taxes except of the very rich, and there is no reasonable evidence that they would.  Hillary says she wants to raise taxes on only those making over $250,00 per year.
Donald Trump
In order to counter claims that he had not donated the money to veterans as he claimed, Trump Claimed he wanted to keep veterans fundraising 'quiet.' (Modesty)
The fact is that he has been began bragging about his veteran donations since January, and was broadcasting it, but after reporters found that most of the money had not been paid to known veteran groups by May, he began trying to blame the press.
Jennifer Schilling Dem Ws
Under Donald Trump's tax plan, the wealthiest 0.1 percent would get more tax relief than the bottom 60 percent of taxpayers combined."
Reports from respected nonpartisan research groups calculate that the 0.1 percent -- those making more than $3.7 million per year -- would receive 18 percent of the tax cuts under Trump’s proposal. The bottom 60 percent of taxpayers, meanwhile, would enjoy only 16.4 percent of the cuts.
Donald Trump
Trump brags about generous donations, but apparently fails to follow through.
The Washington Post found that of the 167 charities to which Trump had pledged money since 2008, only one donation was actually on the books -- for less than $10,000.
In May 2016, under pressure from the news media, Trump made good on a pledge he made to veterans, four months earlier:  For 15 years Trump has publicly pledged to donate through his various enterprises: “The Apprentice.” Trump Vodka. Trump University. Etc.If he had honored all those pledges, his gifts to charity would have topped $8.5 million. He set up a foundation to funnel donations, but hasn't donated to it since 2009.

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