Tuesday, November 4, 2008

Real News Video: Reality asserts itself

Solutions to the economic crisis will be found when we cut through the propaganda and spin

"PAUL JAY, SENIOR EDITOR, TRNN: There are times when reality just asserts itself. In spite of the haze created by television news and entertainment, sometimes crisis rips a tear in the fabric of myth and propaganda. Now a profound economic crisis has ripped asunder the American dream itself, millions of people losing jobs and homes. They lack proper health care and any real sense of security. Since 2001, workers' wages have fallen or remain stagnant, even though worker productivity has risen almost 33 percent. By 2006, the top 1 percent of households were receiving 23 percent of all pre-tax income, more than double of what it was in the 1970s. It's the greatest concentration of income since 1928......."

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