Sobering Up: Why the 1% Is Fussing About Guillotines ...

[90-percent]

12. Yeah it's the system

Per my bumper sticker I wrote myself

OUR INSTITUTIONS ARE INFESTED WITH CORRUPT SOCIOPATHS

Because the current system that allows such society crushing behavior waas purchased by these like minded animals over at least the last thirty years. They've legalized a good deal of thier most favorite money making crimes by now.

Thom Hartmann is back on Sirius mid day. He repeated his excellent take on progressive taxation. He said Roosevelt's progressive taxation allowed people to earn up to about 3 million without a heavy tax burden, but over that was heavily taxed - 90% then 70% until Reagan. So the highest to lowest income inequality was about a 30:1 ratio from highest to lowest earners. reagans voodoo economics allowed that ratio to swell to the inequitable 400:1 ratio we currently enjoy. He also said that excessive wealth disparity leads to more mental health problems also for the wealthy, too!

Thom knows his stuff when it comes to economics and the constitution and the Supreme Court.

-90% Jimmy