I have no words

In towns with high inequality, the poor pay more for housing

The rich. They crap up everything. I kid! But this says in cities where income inequality is high, the poor pay significantly more for housing. From Brookings: Inequality at the local level may be undesirable for a variety of reasons. It may diminish the ability of schools to maintain mixed-income populations that produce better outcomes …

A tale of two retirements

Leftover sends this, an examination of the haves’ retirement, and retirement for the rest of us. Among the findings: The company-sponsored retirement assets of just 100 CEOs add up to as much as the entire retirement account savings of 41% of American families (50 million families in total). The 100 largest CEO retirement accounts are worth …

This just in: Money CAN buy happiness but…

…only briefly, and only at others’ expense. The Economist looks at a boatload of money-satisfaction-happiness studies and finds that a growing income brings satisfaction — with caveats.

The top 1% needs therapy

Because wealth is “isolating.” I’m only posting this to test your compassion. Did you pass?

Plutocracy vs. Plunder

Check out this Citigroup memo. Scroll down to page 17, which says: Perhaps the most immediate challenge to Plutonomy comes from the political process. Ultimately, the rise in income and wealth inequality to some extent is an economic disenfranchisement of the masses to the benefit of the few. However in democracies this is rarely tolerated …

Which cities have the widest gap between wealth and poverty?

Watch this Wall Street 24/7 video and find out. And yes. Bridgeport-Stamford-Norwalk is No. 1. You can read more here. And thanks, Jac, for the link.

Six words you need to learn to say

They are: “runaway wealth accumulation by the richest.” From that link: Last year, Truthout called it “The Billion Dollar a Month Club.”

In most wealthy nations, religion is not much of a factor. But not here.

Not in the good ol’ U.S. of A.

Suck it, America. We have the money.

I got that map from here, which has lots of other interesting maps.