http://debsnews.com/CNBC/k8ESNFonWjCGUgMH
Discussing the politics of class warfare, with T.J. Rodgers, Cypress Semiconductor CEO; and Robert Reich, CNBC contributor and former labor secretary. (CNBC).
As expected Rodgers states:
“I am proudly a member of the top 1 percent. After I use a fraction of my money, literally 1 percent or less, the other 99 percent of my money is invested.”
This is a perfect testimony of how the ownership of productive capital asset formation continues to be concentrated in the top 1 percent, who continue to get richer and richer.
The federal government through the Federal Reserve could provide the function of providing insured pure capital credit to empower ordinary Americans to invest in America’s future economy by investing in the future productive capital assets of the economy embodied in our top business corporations. This would put us on a path to prosperity, opportunity, and economic justice resulting in “real” job creation and second incomes from stock dividends.
