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Hightower Lowdown
"Speak the truth, but ride a fast horse." -- Old West Texas cowboy saying
In This Issue
March's Lowdown
Giving corporations more power to buy politicians of their choice
"For too long," wailed the senator in a heart-tugging cry for justice, "some in this country have been deprived of full participation in the political process."
Mitch McConnell, the Republican leader of the U.S. Senate, has never been mistaken for a bleeding-heart liberal, so you can rest assured that his anguish over inequality did not concern the disenfranchisement of minorities or poor people--or any kind of people, for that matter. No, it is the tragic political deprivation faced by America's corporations that moved Mitch to such an outpouring of woe.
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Sources for issue
Economy
Bureau of Economic Analysis, U.S. Department of Commerce
Corporate profits
US Dept. of Commerce
Net worth and the number of billionaires, plus CEOs' salaries -- Forbes
Bush tax cuts to to 1% -- Congressional Budget Office. Note: This is how much more the top 1% would have paid over 7 years if not for Bush's tax cut.
How the rest of us get by
Poverty & diversity: http://www.ourfuture.org/real-state-union-2008-numbers
Education info: http://projectonstudentdebt.org/
Energy
Oil prices: http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.html
Exxon profits; http://money.cnn.com/quote/financials/financials.html?symb=XOM&sid=161455&report=1&period=annual
Health insurance
Health Insurance Estimates from the U.S. Census Bureau: Background for a New Historical Series
http://www.census.gov/hhes/www/hlthins/usernote/revhlth_paper.pdf
Agricultural imports
"Food Imports Often Escape Scrutiny," May 1, 2007, NY Times.
http://www.nytimes.com/2007/05/01/business/01food.html
Housing
Apartment rentals: http://www.apartmentratings.com/rate/AvgRentalPrices.html
Foreclosure and housing crisis info: The National Low Income Housing Coalition's 2008 Advocates' Guide, http://www.nlihc.org/doc/AdvocacyGuide2008-web.pdf