World-News

The world s 100 richest people earned a stunning total of $240 billion in 2012, enough money to end extreme poverty worldwide four times over, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich.

http://rt.com/news/oxfam-report-global-inequality-357/



Goldman Raises CEO's Stock Bonus 90% to $13.3 Million:

Goldman Sachs Group Inc. (GS) boosted Chief Executive Officer Lloyd C. Blankfein s stock bonus 90 percent to $13.3 million, topping JPMorgan Chase & Co. (JPM) s Jamie Dimon for the first time in five years, as profit climbed.

http://is.gd/2sJ1Ej



Ranks of working poor increasing

Nearly a third of the nation s working families earn salaries so low that they struggle to pay for their necessities, according to a new report.

http://is.gd/E5yzG1



Wrist Slap for 'Too Big to Fail or Jail' JPMorgan Chase

By Tom Burghardt

When it came to lax drug money laundering controls, the suspicion persists that somewhere fugitive billionaire drug lord Chapo Guzmán is smiling as he enlarges his stable of thoroughbreds.

http://is.gd/4YCNgF



How the Obama Administration Protected Wall Street from Prosecutions

By Glenn Greenwald

A profound failure of justice that should be causing serious social unrest.
http://www.informationclearinghouse.info/article33699.htm



How Iceland Overthrew The Banks

Court: Iceland Doesn t Need to Repay UK and Dutch Depositors

Video

''Why do we consider banks to be like holy churches?'' is the rhetorical question that Iceland s President Olafur Ragnar Grimson asks (and answers) in this truly epic three minutes of truthiness from the farce that is the World Economic Forum in Davos.

http://www.informationclearinghouse.info/article33741.htm



Wall Street s average cash bonus last year: $121,900

Those with high-paying jobs are still taking in fat bonuses. The average cash bonus on Wall Street last year rose an estimated 9% to nearly $121,900, according to a report released Tuesday by New York state Comptroller Thomas DiNapoli.

http://is.gd/vk8VZP



Meet The Fortress Hotel That Separates The Davos Billionaires From The Peasants

Video

Here is the hotel in which the bleeding heart Davos billionaires are staying: a $170 million fortress surrounded by barbed wire, security cameras, motion sensor and even its own helipad.

http://www.zerohedge.com/news/2014-01-22/meet-fortress-hotel-separates-davos-billionaires-peasants



Davos Billionaires: Oblivious to the Coming Revolution

By Paul Farrell

A powerful virus is spreading, rising from the grass roots of billions in the repressed poor and the middle class, forcing moral leaders to step forward and openly challenge the destructive forces of capitalism.

http://www.informationclearinghouse.info/article37476.htm


From Information Clearing House

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GOP, Thomas Hobbes Rig Elections

Thom Hartmann and Sam Sacks, The Daily Take: It s time that we as a nation ask ourselves if we are capable of governing ourselves, or if we should simply let the modern-day kings, the billionaires, run things?

http://truth-out.org/opinion/item/14069-gop-thomas-hobbes-rig-elections



The Lack of Class Consciousness in an Era of Record Inequality

Anthony DiMaggio, Truthout: As Americans' awareness catches up to the realities of the increasing US class divide, shrinking life opportunities for the majority and the disappearance of social mobility, we will be unable to address the problems of high unemployment and economic stagnation.

http://www.truth-out.org/news/item/14205-class-is-a-five-letter-dirty-word-the-lack-of-class-consciousness-in-an-era-of-record-inequality

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JP Morgan s Jamie Dimon Spurs Outrage in Davos
http://www.commondreams.org/headline/2013/01/23-6

Why Wall Street s Leaders Escaped Prosecution After the Crash
http://www.commondreams.org/video/2013/01/23-0

To End Extreme Poverty, Let s Try Ending Extreme Wealth
http://www.commondreams.org/view/2013/01/28-9

Davos' Elite Message Deserves 'Fierce Resistance' Not Applause
http://www.commondreams.org/headline/2014/01/22-0

JPMorgan Chase s Jamie Dimon Rewarded With 74% Pay Increase
http://www.commondreams.org/headline/2014/01/24-5



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