Plutonomy (part 2)

Notice: someone persuaded Typepad to delete the content of the report below. You can find it here.

The other Citigroup plutonomy memo mentioned in Michael Moore's movie is  Download Plutonomy 2

An excerpt:

The point here, again, is that the rich are feeling a great deal happier about their prospects,
than the “average” American. And as the rich are accounting for an ever larger share of
wealth and spending, it is their actions that are dictating economic demand, not the actions of
the “average” American.

Comments

[D. Smith (Traverse City, MI)]

Jodi - thank you so very much for posting the Plutonomy memo! I just came back from the theatre....I'm still shell-shocked and outraged. I've historically thought of myself as being informed and aware. It chills me to realize how much I've been duped, misinformed and fed a hill of beans under the guise of "American Propaganda". I'm with Michael Moore, "I refuse to live in a country like this, and I’m not leaving." Here's to hoping for the Awakening and Empowerment of WE THE PEOPLE!

[Jon Davidson]

Thank you very much for posting this.
I wish it could be sent to every person in America, so they can see the heights (or rather depths) that insanity and greed have reached in this country.

Best wishes,

Jon
Los Angeles

[maury lee]

Thanks so much for posting this as a .pdf. I looked and looked for it, but couldn't find the actual document, till I found it here. I literally had to type in plutonomy.pdf and then I find your blog. Hopefully many will find it and pass it on. People need to know what is going on. The little guy has no clue. So, again, I don't know how you found it, but by posting it you are doing a great service. Thanks so much.

[Michael W.]

This is not news to some of us, there is mountains of evidence that our democracy is an just an illusion. There are plenty of authors, professors, etc. that have been saying this for a long time. Hopefully more people will wake up and actually start caring if we have a real democracy or not, but I won't hold my breath.

[Mauibrad]

In reading these two "Plutonomy" reports, I find them badly written, with punctuation errors, containing repeated slang and colloquialisms, too many "I" and "we" first person references, a boorish misplaced overconfidence, misstated understanding of some of the statistical data presented from limited sources, too many references to just one book, and overall an oversimplified thesis that shows a breathtaking lack of knowledge of finance and economics. It is a wonder that Citigroup paid for badly written junk like this to be published to their clients and beyond.

http://www.scribd.com/doc/6674234/Citigroup-Oct-16-2005-Plutonomy-Report-Part-1

http://www.scribd.com/doc/6674229/Citigroup-Mar-5-2006-Plutonomy-Report-Part-2

[china man]

i download this pdf .because i see the move. about the > did you have all the 3 part ?

i just download part 1 and part 2 .