Today, it is glaringly obvious to a wide range of Americans that the wealth of the top 1% is the byproduct not of risk-taking entrepreneurship, but of corrupted control of our legal and political systems. (Source: Tomgram: Glenn Greenwald, How the Rich Subverted the Legal System)The charge of 'criminal capitalism' applies to both the Democrat and Republican parties which became entirely obvious under the Obama administration. (No disrespect to President Obama who is a really nice guy!) One of the chants down on, 'Occupy Wall Street' is, "Banks got bailed out! We got sold out!". They understand.
Read Glenn Greenwald in his own words:
- Tomgram: Glenn Greenwald, How the Rich Subverted the Legal System
- Book release: With Liberty and Justice for Some.
And if you haven't read, "Why Isn't Wall Street in Jail?" by Matt Taibbi, read it. The subtitle says it all:
Financial crooks brought down the world's economy — but the feds are doing more to protect them than to prosecute them.