Tuesday, October 30, 2012

Wealth Inequality in America

http://www.zerohedge.com/news/2012-10-29/guest-post-wealth-inequality-america

This widening gap between the rich and everyone else is not a case of people being rewarded for their talents. Some income and wealth disparity is an inevitable effect of the market process. But the reality of today is more of a case of oligarchs harnessing the power of government bailouts, monetary policycorporate subsidies, pork, quantitative easingbarriers to entry, favourable regulation, SuperPACs,Citizens Unitedlobbyistsmarket-rigging (etc, etc, etc) to get whatever they want.

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