To the Point
Is America an Oligarchy?
One percent of all Americans own 35% percent of the nation's wealth. CEO's are paid more than 300 times what an average US worker makes – and the wealth gap is growing.
By Barbara Bogaev • • 51m ListenThe infamous one percent of all Americans own 35% percent of the nation's wealth. Meanwhile CEO's are paid more than 300 times what an average American worker makes. The wealth gap is growing. A new study finds that what we all thought is true, most likely is: wealthier Americans wield more political influence. Also, Russia responds to ongoing clashes between Ukraine and pro-Russia militia. On today's Talking Point, vaping gets a rule book as the FDA begins drafting regulations for the fledgling e-cigarette industry. Barbara Bogaev guest hosts.
Banner image: Based on the imagery of EN2008 and Stan Dalone & Miran Rijavec
In this episode
3 storiesClashes between Ukraine and Pro-Russia Militia, Russia Responds
Clashes between Ukrainian security forces and pro-Russian activists are spreading today. There are reports of deaths at three different checkpoints in Slovyansk in the eastern part of the country where most of the fighting has taken place. Russia's military has responded to the violence by announcing "tactical drills" in areas bordering Ukraine.
Read the story8 minAmerica: Democracy or Oligarchy?
The evidence is overwhelming. The wealth gap in America is growing. A new study claims that the wealthiest 10% of Americans influence public policy in this country more than any other group. Of that 10%, the top one percent pocketed nearly the entire gains from the recovery from the financial crisis.
Read the story35 minFDA Moves to Regulate E-Cigarettes
E-cigarettes have been taking off over the past several years and the vaping industry has operated in a regulatory vacuum. That ends with today's announcement from the Food and Drug Agency of sweeping new rules .
Read the story8 min
