runawayinequality

Inequality Watch: 2018 Promises Record Stock Buybacks

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JP Morgan says S&P 500 companies will buy back $800 billion of their own shares this year, up from the $530 billion spent in 2017. Read the whole story here. Read about financial stripmining, the extraction of wealth from companies for the benefit of the wealthy, and how it crushed the middle class, here.

The 18th annual Social Justice Symposium at UC Berkeley: A Report

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“Economic Inequality: How Did We Get Here and How Do We Get Out?” University of California Berkeley – Social Justice Symposium       Jan. 27, 2018 After hearing Les Leopold speak in Berkeley, Debbie Notkin and Emily Wheeler were inspired and signed up for the Runaway Inequality Train-the-Trainer session held Sept. 10, 2017 in Oakland. So when Debbie and Emily heard about the 18th annual  Social Justice Symposium planned for January, she submitted a proposal for a 90-minute workshop. The Social Justice Symposium, offered free to the public every winter, is planned and run by students at UC Berkeley’s School …

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Link: How things are going with the big tax cut.

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Very well for the wealthy. https://www.nytimes.com/2018/02/25/opinion/investors-republican-tax-cut.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region

The Public Banking Solution

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Les Leopold appeared on a TV show called The Public Banking Solution, talking about the public banking solution, one of his favorite topics.

The tech isn’t the greatest, Les had Skype issues, but the message is clear.

Excellent New Video of Les Leopold’s Runaway Inequality Talk

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[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.92″] Shot at the meeting last fall in Wilmington NC, cut down to 30 minutes. Very well done. http://vimeo.com/255184742 [/et_pb_text][et_pb_video _builder_version=”3.0.92″ src=”http://vimeo.com/255184742″ image_src=”//i.vimeocdn.com/video/682532243_640.jpg” /][/et_pb_column][/et_pb_row][/et_pb_section]

SIUnited! What We’ve Been Doing

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A group called Sustainable Staten Island organized a conference on the anniversary of the first Women’s March of a coalition of grassroots community groups and organizations. Under the #SIUnited2018 banner, they gathered to build a strong progressive movement in New York City’s most conservative borough. Visit the conference website for more. Runaway Inequality’s Les Leopold spoke to the impressive gathering in the afternoon, and said it was “quite the event.” Read the Bill of Rights they formulated: SUSTAINABLE STATEN ISLAND BILL OF RIGHTS  WE THE RESIDENTS OF STATEN ISLAND ARE COMMITTED  to reaffirm our faith in our inalienable rights, in …

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