Myth: Billionaires Drive Economic Growth

The myth that billionaires boost the economy is untrue – particularly when they amass their wealth through political connections.
Posted by Editor on 10/11/15  •  (0) Comments

The Koch’s true Nazi past, oil & the foundation of the conservative clown car

First published in 2010, this article is well worth a read: Information connecting Ilse and Koch Industries is hard to find but is a string of fragments, pieces of information that connects the American and German Kochs and this connection gives us a clear image of the sentiment behind the Tea Party and conservative American politics since the 1950s.

Ultra Sleazy Millionaire Martin Shkreli is a Disgusting Twat

Martin Shkreli is the founder and chief executive of Turing Pharmaceuticals, which raised the price of the drug Daraprim to $750 a tablet from $13.50.

Former US Treasury Secretaries are Assholes

Three of the world's richest and most powerful people, former Treasury Secretaries Robert Rubin, Henry Paulson and Timothy Geithner laugh out loud over the issue of income inequality earlier this year at a conference sponsored by former convict and junk-bond scam artist Michael Milken.

Comprehending The Richest .01 Percent

16,000 people hold 11 percent of the entire nation's wealth.

Koch Brothers Plan To Spend $889 Million To Buy Presidency

The political network led by industrialists Charles and David Koch plans to spend $889 million for the 2016 elections.

Big Business Wins With TPP.

Big business wins and democracy loses as both parties lie about free trade.

Self-Driving Vehicles Will Propel Society As We Know It Over a Cliff

The imminent need for basic income in recognition of our machine-driven future.

Koch Brothers Want Your Social Security

Bernie Sanders describes the Koch brothers never-ending assault on the US government and US Economy. Laying out in stark terms the ultimate goal of the vast network of Koch-funded far-right-wing organizations peddling lies and misinformation in their efforts to mislead the American public: The complete destruction of Social Security.

You will most likely never be part of the 1%

You need to earn a paltry $385,000.00 annual income to be part of the nations' 1 percent.

Profit Prevents All Action On Climate Change

As politicians and business leaders gather in Davos, climate expert Jørgen Randers argues that democracy will continue to hamper climate action.

Plutocrats Prepping Their Bunkers

As inequality soars, the nervous super rich are already planning their escapes.

Princeton Study Reveals U.S. Is No Longer A Democracy

According to a recent Princeton study, the US is now ruled by wealth elites who hold all the power. This is defined as an oligarchy.

Plutocrats Wary of Populist Pitchforks

Billionaire Nick Hanauer has a message for his fellow filthy rich, who live in gated bubble worlds: "Wake up, people. It won’t last."

Devastating Breach Pours 4 Billion Gallons of Mining Waste into Pristine BC Rivers and Lakes.

Just a few days ago, on Aug 4, 2014, the tailings pond (the size of a lake) of

Continue Reading

Support Koch-Blocked and Help Save Our Democracy

Join Koch-Blocked's campaign to push Koch money out and bring democracy back in. Continue Reading

Mark Morford: The Best Worst President Ever

Mark Morford is one of the best opinion columnists writing today. And he nails

Continue Reading

Congressmen Paid Big Money To Vote Against Net Neutrality

The sleazy, double-dealing, thieving Congressmen who sent letters to the FCC

Continue Reading

The GOP’s Fiscal Hypocrisy

[US News] Republicans are happy to add $300 billion to federal budget deficits

Continue Reading

Only One Banker Went to Jail for Financial Meltdown

One one banker was ever jailed for the financial crisis and this joint article

Continue Reading

Most expensive home ever sold in the U.S.

A hedge fund manager just made the biggest home purchase in U.S. history.

Continue Reading

Princeton Study Concludes America is an Oligarchy

Big corporations, the ultra-wealthy and special interests with a lot of money

Continue Reading

Plutocratic Paranoia

Paul Krugman dissects the plutocratic mindset.

Continue Reading

The Brittle Grip, Part 2: A Must-Read From Josh Marshall

Josh Marshall explains the disconnect of the wealthy perfectly in this superb

Continue Reading

85 people own more wealth than half the world

The World Economic Forum begins in Davos, Switzerland, Oxfam International has

Continue Reading

Charting Global Corruption

The Corruption Perceptions Index 2013 serves as a reminder that the abuse of

Continue Reading

The Political Threat Of Soaring Inequality

Insight into the acute social and economic crisis of our time: Wealth

Continue Reading

9 Out Of 10 Americans Are Completely Wrong About Wealth Inequality

Wealth Inequality in America: Infographics on the distribution of wealth in

Continue Reading

Televangelists are Crooked! Who Knew?

Six of the top televangelists in the country are under investigation for

Continue Reading

More Stories from Richistan

Original Content
Sign up for Loathsome News

Sign up today and stay on top of all the unsavory-ness in Richistan.

Vile Quotes

"America does not have an aristocracy or a plutocracy."
Art Pope

Vile Comments

I seriously doubt that if Michaele was indeed a socialite she’d be employed as a
receptionist, department store clerk or makeup artist… Paris Hilton she is not….
These two are posers who don’t pay their bills and are taking this reality/celebrity train
for all its worth…They are both idiots.


Vile Archives

Find Vile People

Noxious Topics

A Vile Roll Call

Most Recent Sputum

Wickedly Popular