robber barons

The Only Ones Who Recovered from the Recession are the Top 1%

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There is another round of bad news for most Americans.   A study shows the top 1% of America's rich captured 121% of the income gains for the two years after the 2007-2009 recession was declared over.  U.C. Berkeley Economist Emmanuel Saez released his study Striking it Richer:  The Evolution of Top Incomes in the United States early this month to much press.   It truly is astounding.   Gone is America's strong middle class where work was rewarded.

The Return Of The Robber Barons

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"We must break the Money Trust or the Money Trust will break us."
- Louis D. Brandeis, 1913

When the economy appeared to be melting down last September, Wall Street bank representatives began showing up in Congress like mobsters walking into a mom-and-pop business looking for protection money.
"Nice economy ya got here.(crash!) It would be a shame if something were to happen to it."

Mobsters and Robber Barons have a lot in common.
Neither has any respect for the law or morals, only for power. Neither can ever be satisfied with any amount of wealth. They will always need to steal more and more and more until they've completely bankrupted their victims.

We are now at the mercy of modern Robber Barons, and if history is any judge, it is either them or us.