Free Republic

Income disparity reaches highest since 1920s, paper reports, with recent Wall Street boom partly to blame. The income gap between the wealthiest and poorest Americans grew to its widest level since the 1920s, according to a report published Friday. Citing Internal Revenue Service data, the Wall Street Journal reported that the wealthiest 1 percent of all Americans earned 21.2 percent of all the nation's income in 2005, up from the previous high of 20.8 percent in 2000. Conversely, the bottom half of working Americans earned just 12.8 percent of all the nation's income, down from 13.4 percent in 2004 and...

Vice President Cheney may go down in history as one of the worst, if not the worst, ever to hold the job in the nation's proud history. President Bush should reflect on his decision to pick Cheney as a running mate as a dreadful move when he sits down to write his memoirs. In many respects, Cheney is running a rogue government with or without Bush's approval. Evidence is clear now that while Cheney refused to divulge the names of visitors to his residence, he wanted to wiretap private citizens in the name of national security. Even worse, he shut...