#ows Paul Volcker laughs at increase in wealth disparity & Americans not speaking out against it

Former Fed Chairman Paul Volcker, October 24, 2011, interview with Charlie Rose, fellow Bilderberger:

Former Fed Chairman Paul Volcker

Former Fed Chairman Paul Volcker

But there is a feeling — which I've been a little surprised has not been expressed more forcibly before — the distribution of income, which has changed very radically in the last 10 or 15 years. And you have a situation in the United States where there's been almost no growth in real income for the average family for 10 or 15 years, but way at the upper end of the income distribution, there's been an enormous increase, of a kind that didn't take place in my lifetime or even in your lifetime. (laughs)

via Former Fed Chairman Paul Volcker laughs at the great increase in wealth disparity over the past 10 to 15 years, and at Americans for not speaking out more forcibly against it « Exposing Faux Capitalism.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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