Turing Pharmaceuticals CEO Shkreli arrested by FBI: Reuters

[JDPriestly]

107. Too much supply of capital and too little demand for it.

So those who have it waste it, spending far too much on things they don't need or could easily do without or pay too much for.

Gone is the wise frugality of early America.

And that is the real problem in this country.

A few want to have it all. They can't have it all and be part of a functioning economy. It isn't a matter of jealousy or wanting to take what rich people have. It is a question of whether we are a society. If we are a society, then we have to use our resources well.

The wealth you describe in your post is just excessive. And the power, the control over others that go with that excessive wealth, that concentrated control of the capital in our society, is dangerous for us all. It's a house of cards. One very wealthy person folds, and our whole society folds with him.

Feel the Bern!

I's not about socialism. It is about having a creative, functioning capitalism. You just don't have that when the wealth is as concentrated in a few hands as it is in this country. Especially when that wealth is concentrated in the hands of people who do nothing really useful with their hands.