Aram Zucker-Scharff

“When you are poor, the odds are stacked against you from the get-go. People may look at my laundry pile and question why I can’t keep it under control, not understanding that not having daily access to a washer and dryer makes it nearly impossible. I am intelligent and driven, and even so it took me six years to finish a four year degree because I was also working at a minimum wage job and raising a baby and had neither the time nor the money to finish school at the traditional pace. Working and going to school is grueling—even more so when you don’t have a vehicle and it takes you an hour and a half by public transit to get from one place to another. Life is simply exhausting. A trip to the grocery store that would take someone else 45 minutes ends up taking three hours when you have to wait for the bus. It is especially time-consuming when you can only carry a few grocery bags at a time, and you end up having to make this the trip multiple times per week. But it’s not just the logistics of getting around that makes life hard. Its other things—things that I took for granted before I knew what it was like to go without.”

– What I want you to know about being poor (via azspot)

Yellen Shocked After Fisher Again Reveals Fed Is Source Of Record Inequality. 

“”The first major benefit of this bottom-up perspective on inequality: it is very practical. If we ask which groups are getting left behind, we suddenly find ourselves with an agenda for effective action against poverty. A second benefit also becomes clear: once we know which groups are impoverished and excluded, we can often get a better sense of the political context that explains both action and inaction.””

– To end inequality, we must realise that it isn’t about the rich, it’s about the poor. And we know almost nothing about them.

Fed’s Fisher Admits “Fed Has Levitated Markets”, Warns Of “Signs Of Excess” | Zero Hedge:

FOMC voting-member Richard Fisher is among the sanest voices in the Eccles Building asylum and he is once again sounding alarms that all is not well in US financial markets: *FISHER SAYS FED HAS ‘LEVITATED’ MARKETS, SEES SIGNS OF EXCESS IN FINANCIAL MARKETS Furthermore, Fisher notes The Fed can’t force companies to hire, and would like to see rate hikes as early as Spring 2015.

Hahaha “Levitates” it makes the Fed sound like a bunch of innocent stage actors instead of a group of aholes using taxpayer money to inflate the bottom lines of big companies and the wealthy at the expense of the middle class. Yes, ‘levitate’ is not the word I’d use for ‘inflated the economy to the largest bubble it has ever had and thrown the entire world economy on to the top of a precipice.’

But sure, we can pretend we’re wizards instead.