Quote from IShopAtPublix:
Unless we are talking some exotic tribes in the amazon or wherever else, the rich run the show ALWAYS. Even in communist societies the "elite" has villas and access to foreign goods/foreign travel, the difference being it was not dervived from capitalistic activity but party rank.
Just look at the lack of oversight of Wall Street post financial meltdown that could have destroyed the world. There is none. Mark to market was done away with (I don't whether or when they are going to put it back), over the counter trading of derivatives has not stopped and it is not regulated anyway, no margin requirements, nothing to address moral hazard. People like S&P, Fitch and moodys have not been prosecuted for fraud (putting AAA on CCC investments by slicing them up and mixing and matching)
Douchebags on wall street have the audacity to hand out record bonuses at a time of serious misery that was caused by the financial sector.
Being rich is rewarding in and of itself, to think that they are a dying breed and somehow their rights are being trampled upon is to be a naive simpleton (yes piker that means you!)