• From McClatchy News Service: What role Wall Street investors play in the high cost of oil is a hotly debated topic in Washington. The Obama administration, the Bush administration before it and Congress have been slow to take steps to rein in speculators. The Saudis, however, have struck a steady theme for years that something should be done to curb the influence of banks and hedge funds that are speculating on the price of oil, according to diplomatic cables made available to McClatchy by the WikiLeaks website.
  • http://www.mcclatchydc.com/2011/05/25/114759/wikileaks-saudis-often-warned.html

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Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.