Wednesday, October 26, 2011

Demo Rep. Charles Rangel calls for redistribution of America's wealth


President Obama seen smiling in approval...
(The Hill) — Rep. Charles Rangel (D-N.Y.) on Wednesday called for the redistribution of America’s riches and hammered the wealthy for benefitting from a war effort fought by the poor and middle class.

Citing statistics that show 1 percent of Americans now own 42 percent of the nation’s wealth, the lawmaker representing Harlem said: “There is something wrong with that formula.”

Rangel offered no specific remedy for adjusting those figures during his comments on the House floor but argued further that the wealthiest 1 percent have the added benefit of not needing to get involved in military service.
“Why is it that we know, or that we can suspect, that in this war where we lost so many lives, that so many people have been wounded, that our brave men and women coming home will subject themselves with a lack of funds to deal with their physical or mental problems?” he asked. “Any yet we somehow know that that 1 percent was not involved in defending our great nation.”

1 comment:

  1. got a lot of nerve that boy does. His net worth is somewhere between 1-5 million dollars.
    One of the things he got called to the carpet for last year was not paying taxes on a property he owns...for the last 17yrs. He's been in his seat for more than 20yrs. time to retire his hypocritical ass.

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