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Saturday, April 21, 2012

From Senator Bernie Sanders

On the fly but wanted to share this from Bernie:

At a time when the middle class is collapsing and poverty is increasing and the wealthiest people are doing phenomenally well, many Americans are wondering whether this country is moving toward an oligarchic form of government where a handful of very wealthy people control the economic and political life of the nation. At a time when the richest 400 Americans own more wealth than the bottom 150 million people, it was not surprising to learn from a recent study that between 2009 and 2010, 93 percent of all new income went to the top 1 percent of U.S. taxpayers. Additionally, it is extremely disturbing that because of the absurd Citizens United Supreme Court decision, many of these billionaires are now using their money to strengthen their political hold on the country. "This is not what democracy looks like. This is what oligarchy and plutocracy look like," Bernie said.


Geo. said...

Oligarchy and plutocracy, certainly, but I wouldn't rule out kakistocracy either. Hope your weekend has none of those in it.

The Elephant's Child said...

And sadly it is true here as well. Which makes me both angry and sad.