In 1980 the richest 10% Americans received 33% of the national income. Today in 2011, the same 10% takes up 46% of national income.  Some studies find that the larger the return that rich people or investors are able to take home, the more they will invest, leading to greater economic growth. But actually this is not correct all the time. Problems regarding inequality are worsened. Wealth flows into the pockets of those that are rich as the rest of people struggle desperately to stay above water. It is not an ideal thing for the majority of the wealth to be concentrated in the hands of a very small portion of the population but this is exactly what happens when we allow economic power to be monopolized by a small number of powerful global banks, corporations and governments. Those at the top of the economy will continue to enjoy our wealth as it flows up to them, and the rest of us at the bottom will continue to have to scramble just to survive.

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=7104

Hong Kong’s High Court has ruled that a domestic helper, maid,  from the Philippines should be allowed to apply for permanent residency in the city. The ruling follows a landmark judicial review and could lead to more than 100,000 other foreign maids winning rights to residency. The government has said that it will appeal against the ruling.
I think granting them the residency will lead to a threat to the limitation of resources such as health care, employment, education and housing. Hong Kong is already a very packed place with approximately seven millions people. Allowing the population to grow by granting them residency would probably lead to much more strain on the economy.

http://www.bbc.co.uk/news/business-15090597

80 percent of U.S. businesses are overcharged on their phone bills while telecom companies reap profits from “accidental” billing errors. According to the article I read, telecoms have overcharged their clients for something truly unnecessary. For example, if a client may be paying a bill with an extra $5 charge, most will just assume it’s a surcharge and pay the bill without thinking about it. However, the reality is that the charge could have come from a feature used by anyone within the customer’s area, or data could have been actually entered into the billing system mistakenly. Telecoms simply let mistakes go and continue, and wait for clients to come back and ask for a refund for that money. However, there are still other customers giving them ‘free money’. Telecom companies are not being honest with their clients.

http://www.naturalnews.com/015625.html

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