Real News carries The Black Financial and Fraud Report with Bill Black, reminds us this election has many issues that we need to remind politicians to tackle:
And what did the—finally, the numbers that just came in in the New York Times article very recently that showed that—in the first year of recovery from the recession, which was taking place under President Obama, of the gains in income, 93 percent of those gains went to the top 1 percent in wealth. And we are in the greatest period of inequality measured since the Great Depression. And in terms of wealth, as opposed to income, the top 1 percent now have greater wealth than the bottom 90 percent of us in America.
So while we can justly criticize that Romney and Ryan would make inequality worse, under this administration inequality has reached record levels. And you can see from all of the inside story things that are coming out from Barofsky, from Connaughton, from Sheila Bair, that the programs have not—of the Obama administration have overwhelmingly not been designed to help regular people, as opposed to, in the infamous phrase of Timothy Geithner, the Treasury secretary, to foam the runways to protect the banks from crashing and burning.