The Country Has Always Had a Rich Class,

but now they are completely out of control thanks to a shift in priorities in Washington favoring these thieves:

The concentration of this great wealth in the hands of a financial aristocracy comes at the direct expense of the rest of society. One in two people in the United States is either poor or near-poor, and median household wealth fell by 39 percent between 2007 and 2010.

Millions struggle to make ends meet, and the increase in the ranks of those living in outright destitution is staggering. The proportion of the population living in “extreme poverty” has grown by 50 percent since 2000, from 4.5 percent to 6.7 percent. To be designated extremely poor an individual has to make less than $5,851 and a family of four less than $11,509.

As Mark Twain once wrote, “There never was a revolution unless there were some oppressive and intolerable conditions against which to revolute.”

Every year, trillions are squandered on the yachts, mansions and country clubs of the rich and the micro-economy they create around themselves. Vast resources are devoted to financial speculation, funneled into the Wall Street gambling casino. Putting this wealth to rational use would go a considerable way toward eradicating unemployment, poverty and preventable disease.

There is no desire in Washington to reverse this trend. Both parties are infested with neolibs.