A Webster, Texas, man said his apartment complex manager told him the U.S. flag he was displaying on his balcony must be taken down because it was a "threat to the Muslim community." Duy Tran is defying the order. "It means a lot to me," he said of the flag, which he proudly put up when he moved in a few days earlier. An apartment manager at the Lodge on El Dorado quickly told him he had to take it down. "I'm gonna leave my flag there, as an American, until she shows me proof that I don't have the right to leave my flag there," he said. read more
During a speech in Rome Friday to U.N. Secretary-General Ban Ki-moon and other U.N. leaders, Pope Francis called for governments to redistribute wealth to the poor to curb the "economy of exclusion" that is taking hold today. More equal economic progress can be had through "the legitimate redistribution of economic benefits by the state, as well as indispensable cooperation between the private sector and civil society," Francis said. read more
Singer Bob Geldof believes that the root of the terror in Nigeria stems from poverty and discontent.
"Boka Haram is an excrescence of poverty, as famine is, as hunger is, as corruption is, as war is, as lack of education and health is," he said.
There is vastly more income inequality among the top 1% than there is in the bottom 99%. Once all the facts are known, even the most crocodilian among us will be forced to shed a tear for those more fortunate.
An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeley's Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, that's about $220,000 a year while they are working.