<div dir="ltr">Thank you Jeff.<div><br></div><div>My apologies for confusing Ernie Terrell with Sonny Liston regarding "Say my name."</div><div><br></div><div>Here is a link to Saez Zucman article on wealth: <a href="https://www.nber.org/papers/w20625">https://www.nber.org/papers/w20625</a></div><div><br></div><div>Here is the letter that I read yesterday, which will be published in a few days:</div><div><br></div><div><p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:11pt;font-family:Calibri,sans-serif">In 2014, Berkeley economists Emmanuel Saez and Gabriel
Zucman published, through the National Bureau of Economic Research, “Wealth
Inequality in the United States since 1913: Evidence from Capitalized Income
Tax Data,” available online with easily readable charts. With sound data and transparent
methodology, they argue that since 1979 “the rise of wealth inequality is
almost entirely due to the rise of the top 0.1% (1/1,000) wealth share, from 7%
to 22% in 2012—a level almost as high as 1929.”</p>

<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:11pt;font-family:Calibri,sans-serif">In 2012 dollars, between 1986 and 2012 the wealth growth
rate of the bottom 90% of families averaged .1% per year, resulting in average
wealth of $84,000, 22% of total wealth, down from 36%. Meanwhile, the growth
rate of the top 1% (1.6 million families) averaged 3.9% per year, resulting in
average family wealth of $14 million and a 42% share.</p>

<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:11pt;font-family:Calibri,sans-serif">Of this 1%, the top 0.1% (160,000 families) accounted for over
half, a 22% share (equal to the bottom 90%, 144 million families), with an
average of $73 million. Moreover, the top 0.01% (16,000) of families (1/10,000)
possessed 11% ($6 trillion) of private wealth, having increased its share from
2% in 1979.</p>

<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:11pt;font-family:Calibri,sans-serif">Globalization, financialization, tax “reform,” out-sourcing,
union-busting and austerity have enforced this trend. Private equity, as in
Larry Gies and Madison Industries, is one piece of this neoliberal puzzle. When
the university celebrates his donation of appropriated wealth, it celebrates
the relentless financial warfare he and the capitalist class wage against the
vast majority of workers and families.</p></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Fri, May 10, 2019 at 5:00 PM J.B. Nicholson via Peace-discuss <<a href="mailto:peace-discuss@lists.chambana.net">peace-discuss@lists.chambana.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">News from Neptune #420 notes<br>
An "Oil and Poisoned Water" edition.<br>
Video: <a href="https://www.youtube.com/watch?v=WsJR0bKCyHw" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=WsJR0bKCyHw</a><br>
<br>
Links to items referenced on the show.<br>
<br>
<br>
<br>
Jimmy Dore interviews Greg Palast<br>
<a href="https://www.youtube.com/watch?v=HeNCbXVHrR8" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=HeNCbXVHrR8</a> -- quote comes from this segment<br>
<a href="https://www.youtube.com/watch?v=gs-FiLFFDnk" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=gs-FiLFFDnk</a><br>
<br>
Previous letter to the editor by David Green<br>
<a href="http://www.news-gazette.com/opinion/letters-the-editor/2019-04-20/letter-the-editor-life-good-those-1-percent-households.html" rel="noreferrer" target="_blank">http://www.news-gazette.com/opinion/letters-the-editor/2019-04-20/letter-the-editor-life-good-those-1-percent-households.html</a><br>
<br>
This is Hell! interview of Eileen Appelbaum and Rosemary Batt<br>
<a href="https://thisishell.com/interviews/1053-rosemary-batt-eileen-appelbaum" rel="noreferrer" target="_blank">https://thisishell.com/interviews/1053-rosemary-batt-eileen-appelbaum</a><br>
Show file: <a href="https://thisishell-assets.s3.amazonaws.com/mp3/20190427D.mp3" rel="noreferrer" target="_blank">https://thisishell-assets.s3.amazonaws.com/mp3/20190427D.mp3</a><br>
Show RSS feed: <a href="https://thisishell.com/rss.xml" rel="noreferrer" target="_blank">https://thisishell.com/rss.xml</a><br>
<br>
Taxing wealth instead of taxing income<br>
<a href="https://en.wikipedia.org/wiki/Wealth_tax" rel="noreferrer" target="_blank">https://en.wikipedia.org/wiki/Wealth_tax</a><br>
<a href="https://www.nytimes.com/2012/11/19/opinion/to-reduce-inequality-tax-wealth-not-income.html" rel="noreferrer" target="_blank">https://www.nytimes.com/2012/11/19/opinion/to-reduce-inequality-tax-wealth-not-income.html</a> <br>
-- Daniel Altman op-ed for the New York Times<br>
<a href="https://equitablegrowth.org/wealth-taxation-an-introduction-to-net-worth-taxes-and-how-one-might-work-in-the-u-s/" rel="noreferrer" target="_blank">https://equitablegrowth.org/wealth-taxation-an-introduction-to-net-worth-taxes-and-how-one-might-work-in-the-u-s/</a><br>
<a href="https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-taxing-wealthy-americans/" rel="noreferrer" target="_blank">https://americansfortaxfairness.org/tax-fairness-briefing-booklet/fact-sheet-taxing-wealthy-americans/</a><br>
<br>
<br>
<br>
Al Kagan on "Vietnam Today: Did Anyone “Win” the Vietnam War?"<br>
<a href="http://publici.ucimc.org/2019/04/vietnam-today-did-anyone-win-the-vietnam-war/" rel="noreferrer" target="_blank">http://publici.ucimc.org/2019/04/vietnam-today-did-anyone-win-the-vietnam-war/</a><br>
<br>
Richard Esbenshade on "What Can We Learn from the Yellow Vests?"<br>
<a href="http://publici.ucimc.org/2019/04/what-can-we-learn-from-the-yellow-vests/" rel="noreferrer" target="_blank">http://publici.ucimc.org/2019/04/what-can-we-learn-from-the-yellow-vests/</a><br>
<br>
Patricia Simpson on "No Time to Wait: Let’s Make a Green New Deal!"<br>
<a href="http://publici.ucimc.org/2019/04/no-time-to-wait-lets-make-a-green-new-deal/" rel="noreferrer" target="_blank">http://publici.ucimc.org/2019/04/no-time-to-wait-lets-make-a-green-new-deal/</a><br>
<br>
News-Gazette Editorial Board on "Barr's battle"<br>
<a href="http://www.news-gazette.com/opinion/editorials/2019-05-10/editorial-barrs-battle.html" rel="noreferrer" target="_blank">http://www.news-gazette.com/opinion/editorials/2019-05-10/editorial-barrs-battle.html</a><br>
<br>
<br>
<br>
Craig Murray on "The Real Muellergate Scandal"<br>
<a href="https://www.craigmurray.org.uk/archives/2019/05/the-real-muellergate-scandal/" rel="noreferrer" target="_blank">https://www.craigmurray.org.uk/archives/2019/05/the-real-muellergate-scandal/</a><br>
<br>
More on Craig Murray: Alex Salmond interviews Craig Murray published <br>
2019-05-10 in an episode called "Ambassador of Controversy" starts at 5m04s <br>
talking mainly about torture and being smeared for exposing torture.<br>
<a href="https://www.youtube.com/watch?v=-3dx3x05gYg" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=-3dx3x05gYg</a> -- Part of the Alex Salmond <br>
show on RT.<br>
<br>
<br>
<br>
Doug Henwood's Left Business Observer news<br>
<a href="https://lbo-news.com/" rel="noreferrer" target="_blank">https://lbo-news.com/</a><br>
<br>
"Behind the News" show<br>
RSS feed: <a href="http://shout.lbo-talk.org/lbo/radio-feed.php" rel="noreferrer" target="_blank">http://shout.lbo-talk.org/lbo/radio-feed.php</a><br>
<br>
Doug Henwood's critique<br>
<a href="https://lbo-news.com/2019/05/06/misreading-the-latest-jobs-numbers/" rel="noreferrer" target="_blank">https://lbo-news.com/2019/05/06/misreading-the-latest-jobs-numbers/</a><br>
<br>
Jack Rasmus's response to Doug Henwood<br>
<a href="https://jackrasmus.com/2019/05/06/why-government-job-stats-are-inaccurate-a-reply-to-doug-henwoods-apology-defense-of-government-reports/" rel="noreferrer" target="_blank">https://jackrasmus.com/2019/05/06/why-government-job-stats-are-inaccurate-a-reply-to-doug-henwoods-apology-defense-of-government-reports/</a><br>
<br>
Doug Henwood on "Responding to Rasmus’s response"<br>
<a href="https://lbo-news.com/2019/05/07/responding-to-rasmuss-response/" rel="noreferrer" target="_blank">https://lbo-news.com/2019/05/07/responding-to-rasmuss-response/</a><br>
<br>
Doug Henwood "Uber Is a Scam"<br>
<a href="https://www.jacobinmag.com/2019/05/uber-ipo-profitability-value-labor-costs" rel="noreferrer" target="_blank">https://www.jacobinmag.com/2019/05/uber-ipo-profitability-value-labor-costs</a><br>
<br>
F. Scott Fitzgerald quote<br>
<a href="https://www.goodreads.com/quotes/10367-let-me-tell-you-about-the-very-rich-they-are" rel="noreferrer" target="_blank">https://www.goodreads.com/quotes/10367-let-me-tell-you-about-the-very-rich-they-are</a><br>
<br>
Ernest Hemingway on the difference of the wealthy<br>
<a href="https://www.inspirationalstories.com/quotes/ernest-hemingway-the-rich-were-dull-and-they-drank/" rel="noreferrer" target="_blank">https://www.inspirationalstories.com/quotes/ernest-hemingway-the-rich-were-dull-and-they-drank/</a><br>
<br>
Related:<br>
<a href="http://www.quotecounterquote.com/2009/11/rich-are-different-famous-quote.html" rel="noreferrer" target="_blank">http://www.quotecounterquote.com/2009/11/rich-are-different-famous-quote.html</a> <br>
-- on the source of the quotes<br>
<br>
<br>
<br>
Venezuelan embassy in Washington D.C. under siege<br>
<a href="https://www.youtube.com/watch?v=Rc2bmR6ACT0" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=Rc2bmR6ACT0</a> -- RT report on current situation<br>
<a href="https://www.youtube.com/watch?v=apCKhc3NON8" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=apCKhc3NON8</a> -- earlier GrayZone report<br>
<br>
Noam Chomsky on "History of US Rule in Latin America: Resistance to the <br>
Coup in Honduras"<br>
Video: <a href="https://www.youtube.com/watch?v=NKwJI9axblQ" rel="noreferrer" target="_blank">https://www.youtube.com/watch?v=NKwJI9axblQ</a><br>
Edited partial transcript: <br>
<a href="https://mronline.org/2009/12/26/history-of-us-rule-in-latin-america-resistance-to-the-coup-in-honduras/" rel="noreferrer" target="_blank">https://mronline.org/2009/12/26/history-of-us-rule-in-latin-america-resistance-to-the-coup-in-honduras/</a><br>
<br>
This is Hell! with Chuck Mertz interviews Andrew Cockburn<br>
<a href="https://thisishell.com/interviews/1054-andrew-cockburn" rel="noreferrer" target="_blank">https://thisishell.com/interviews/1054-andrew-cockburn</a><br>
Show file: <a href="https://thisishell-assets.s3.amazonaws.com/mp3/20190504D.mp3" rel="noreferrer" target="_blank">https://thisishell-assets.s3.amazonaws.com/mp3/20190504D.mp3</a><br>
<br>
Andrew Cockburn on "No Joe! Joe Biden’s disastrous legislative legacy"<br>
<a href="https://harpers.org/archive/2019/03/joe-biden-record/" rel="noreferrer" target="_blank">https://harpers.org/archive/2019/03/joe-biden-record/</a><br>
<br>
<br>
"What's My Name?" HBO program<br>
<a href="https://www.hbo.com/documentaries/whats-my-name-muhammad-ali" rel="noreferrer" target="_blank">https://www.hbo.com/documentaries/whats-my-name-muhammad-ali</a><br>
<br>
Muhammad Ali vs. Sonny Liston fight<br>
<a href="https://en.wikipedia.org/wiki/Ali-liston#The_fight" rel="noreferrer" target="_blank">https://en.wikipedia.org/wiki/Ali-liston#The_fight</a> -- which contains no <br>
reference to the quote but describes the reaction to the name 'Muhammad Ali'.<br>
<br>
"What's my name?" quote<br>
<a href="https://en.wikipedia.org/wiki/Muhammad_Ali_vs._Ernie_Terrell" rel="noreferrer" target="_blank">https://en.wikipedia.org/wiki/Muhammad_Ali_vs._Ernie_Terrell</a><br>
<a href="https://www.huffingtonpost.co.uk/2014/03/05/cassius-clay-became-muhammad-ali_n_4903050.html" rel="noreferrer" target="_blank">https://www.huffingtonpost.co.uk/2014/03/05/cassius-clay-became-muhammad-ali_n_4903050.html</a><br>
<br>
<br>
<br>
Paul Krugman on "Trump Is Terrible for Rural America"<br>
<a href="https://www.nytimes.com/2019/05/09/opinion/trump-rural-america.html" rel="noreferrer" target="_blank">https://www.nytimes.com/2019/05/09/opinion/trump-rural-america.html</a><br>
<br>
-J<br>
_______________________________________________<br>
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</blockquote></div>