Forum Post: Oligarchy in the U.S.A.
Posted 12 years ago on April 13, 2012, 4:54 a.m. EST by Shule
(2638)
This content is user submitted and not an official statement
Good Read: http://www.informationclearinghouse.info/article31064.htm
"The answer to the question of inequality, then, is troubling. Wars and revolutions have destroyed oligarchies by forcibly dispersing their wealth, but a democracy never has."
Passage of Glass Steagall would destroy today's oligarchy through a bankruptcy reorganization process, which would declare much of their ill gotten gains non existent. That's why people, such as Obama, today's chief servant of the oligarchy, are so strongly opposed to it.
Good article.
good post
Great post! Thank you!