Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Tuesday, 29 January 2019
Wall Streeters Freak Out as Public Demands Higher Taxes on the Élite
Wall Street traders, hedge fund managers, and virtually the entire crop of people who devoted their lives to chasing dollars are freaking out right now as they have no one to turn to in order to preserve their corrupt ways. They can’t rely on Republicans because their policies (like the government shutdown) have harmed their profits, but the Democrats and the public are calling for higher taxes on the wealthy. Wall Street is finally starting to feel the same kind of squeeze that they have put on the public for decades. Ring of Fire’s Farron Cousins discusses this.
