Video: America in Decline. Prepare Yourself Accordingly.

85 people in the world have as much money as the half of the people on Earth, Gerald Celente says. He is also launching a movement called Occupy Peace. I just signed up. You should too.

Walter Williams Explodes the Reasons to Tax the Rich, Again

In the face of our looming financial calamity, what are we debating about? It's not about the reduction or elimination of the immoral conduct that's delivered us to where we are. It's about how we pay for it — namely, taxing the rich, not realizing that even if Congress imposed a 100 percent tax on earnings higher than $250,000 per year, it would keep the government running for only 141 days.

Immoral Beyond Redemption || Walter Williams

Taxing Millionaires won't fix the Economy, Budget Expert says

From CBS News:

(CBS News) Federal budget expert Maya MacGuineas, president of the nonpartisan Committee for a Responsible Budget, said the "Buffett Rule" is not "going to come anywhere close to fixing the problem" of income inequality or the national debt

"Because...growing income inequality has been so pronounced in the past year, what you can't do is pretend that only taxing millionaires is going to come anywhere close to fixing the problem," MacGuineas said on CBS News' "Face to Face."

Budget expert: Taxing millionaires won't fix the economy || CBS News 

Related: The Decline of the Rich

The Decline of the Rich

Tax the rich? According to a new report, the rich have an increasingly-shrinking slice of the pie. But Obama and the left say they need to pay just a little bit more. Just a little more sacrifice.

CNBC has the story:

The presidential election has given us two myths about the rich. First, that their incomes, and income inequality, are at all-time highs. Second, that the wealthy pay less in taxes than ever, and lower taxes than the rest of us.

A recent report from the Congressional Budget Office, however, suggests that both may be false.

The Falling Fortunes of the One Percent || CNBC.com