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Forum Post: Oligarchy in the U.S.A.

Posted 7 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."



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[-] 3 points by arturo (3169) from Shanghai, Shanghai 7 years ago

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.

[-] 2 points by enough (587) 7 years ago

Good article.

[-] 2 points by hchc (3297) from Tampa, FL 7 years ago

good post

[-] 1 points by Reneye (118) 7 years ago

Great post! Thank you!