Another thought provoking article from Paul Farrell. I kept wanting to disagree with him, but he makes a solid case. I see the situation somewhat different. Their is a super rich class that use their wealth and power to control the country and further enrich themselves. Their is a moocher class that grows by the day. It’s the broad swath in the middle that are getting screwed by the Super Rich and the moochers. We pay the taxes and we are most affected by inflation and Wall Street criminality. One Super Bowl commercial sure has stirred up a hornets nest of dialogue.
Halftime in America? More like sudden death
SAN LUIS OBISPO, Calif. (MarketWatch) — Halftime in America, Clint,Eastwood calls it. Halftime? No folks, the game’s in overtime for Wall Street, the Super Rich and their “mutant capitalism,” as Jack Bogle calls America’s out-of-whack economic system in his “Battle for the Soul of Capitalism.”
It’s an economy so distorted we’re creating an ever-widening inequity gap bigger than the one that ignited the 1929 Crash and Great Depression.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Fact, If you make <50K, you take more from the Federal Gov't than you pay in. Fact, the top 10% pay 70% of all Federal taxes. Fact, the moocher class is the bottom 52% that do not pay Federal taxes.
ReplyDelete