The Pitchforks Are Coming… For Us Plutocrats

[merrylander]

Originally Posted by bobabode

Indeed. He offers sound advice to his fellow 1%ers.
"And so I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.
If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when."


Read more: http://www.politico.com/magazine/sto...#ixzz363zkhM9R

I could go back to the beginnings of this site and find posts where I have simply stated. All the economists say that at least 70% of our economy is consumer driven. So if you beggar the consumer just how long do you think the economy will survive? It is not only greed on the part of the 1% it is also arrant stupidity. YMMV

[BlueStreak]

Originally Posted by merrylander

I could go back to the beginnings of this site and find posts where I have simply stated. All the economists say that at least 70% of our economy is consumer driven. So if you beggar the consumer just how long do you think the economy will survive? It is not only greed on the part of the 1% it is also arrant stupidity. YMMV

That's exactly right.

Dave