Wealth gap continues to widen

[GregW]

It is apparent that we are living in a society where both the Market and the Government are failing. The Market has been replaces with crony capitalism where the connected never fail and the government is only representing their owners and not their constituents.

We have tried the system we are rapidly approaching. The 1800's in London and the 1890's in Pittsburg and the Mines of Pennsylvania were tyrannies then and economic disasters for everyone except for the tyrants. It took years of workers revolts to gain a decently paid working class to support a well rewarded middle class. This transformation even made the owners even richer. Now the very wealthy want it all. After all what good is wealth if aircraft industry assembly workers can ski at Tahoe next to billionaires? What good is wealth if it is not exclusive?

[newonecoming2]

Originally Posted by GregW

It is apparent that we are living in a society where both the Market and the Government are failing. The Market has been replaces with crony capitalism where the connected never fail and the government is only representing their owners and not their constituents.

We have tried the system we are rapidly approaching. The 1800's in London and the 1890's in Pittsburg and the Mines of Pennsylvania were tyrannies then and economic disasters for everyone except for the tyrants. It took years of workers revolts to gain a decently paid working class to support a well rewarded middle class. This transformation even made the owners even richer. Now the very wealthy want it all. After all what good is wealth if aircraft industry assembly workers can ski at Tahoe next to billionaires? What good is wealth if it is not exclusive?

The banks currently need bailing out because they have loaned out more money than we can repay. We need higher wages. A 4X on minimum wage.