Wednesday, December 31, 2003

between 1973 and 2000 the average real income of the bottom 90 percent of American taxpayers actually fell by 7 percent. Meanwhile, the income of the top 1 percent rose by 148 percent, the income of the top 0.1 percent rose by 343 percent and the income of the top 0.01 percent rose 599 percent. (Those numbers exclude capital gains, so they're not an artifact of the stock-market bubble.)
Where is this taking us? Thomas Piketty, whose work with Saez has transformed our understanding of income distribution, warns that current policies will eventually create "a class of rentiers in the U.S., whereby a small group of wealthy but untalented children controls vast segments of the US economy and penniless, talented children simply can't compete." If he's right – and I fear that he is – we will end up suffering not only from injustice, but from a vast waste of human potential.

It urged officers to watch during searches, traffic stops and other investigations for anyone carrying almanacs, especially if the books are annotated in suspicious ways.
mred-good grief - thou shall not annotate suspiciously

A new U.S. intelligence report obtained by WorldNetDaily describes a plot by "Pakistani Islamic extremists" to pose as aides to disabled travelers to obtain U.S. visas and carry out terrorist attacks once inside the U.S.
Al-Qaida is still active in Pakistan, routinely described by the administration as a "key ally" in the war on terror. U.S. intelligence believes the terror network's top leaders, including Osama bin Laden, have taken refuge in the Islamic state's northern tribal belt
" This is not the first time that "CrankNetDaily" has appeared to be an organ of the Ministry of Propaganda. Why else would the "Homeland Security" Department feed classified intelligence to them, and them alone?
Strip searches and cavity searches for every disabled person in America!"

But Ashcroft terrorist list obtained by The Times also includes two New Jersey men, operators of small grocery stores, who were convicted of accepting hundreds of boxes of stolen breakfast cereal, in a crime that occurred 16 months before the terrorist hijackings.
Their suspicions were further fueled by a Syracuse University study this month showing that the median sentence for defendants in international terrorism cases won by the department is two weeks.

Twice as many US soldiers have been killed or wounded in action in the past four months as in the previous four, despite their commanders' claim to have made significant gains against the resistance.



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