Trickling Down

America's super-rich have returned to the days of the Roaring Twenties. As the rest of the country struggles to get by, a huge bubble of multi-millionaires lives almost in a parallel world. The rich now live in their own world of private education, private health care and gated mansions. They have their own schools and their own banks. They even travel apart - creating a booming industry of private jets and yachts. Their world now has a name, thanks to a new book by Wall Street Journal reporter Robert Frank which has dubbed it 'Richistan'. There every dream can come true. But for the American Dream itself - which promises everyone can join the elite - the emergence of Richistan is a mixed blessing. ["Mixed blessing??!!" the blogger says, incredulously.] 'We in America are heading towards 'developing nation' levels of inequality. We would become like Brazil. What does that say about us? What does that say about America?' Frank said. Read the rest, if you can stomach it.

Private submarines? 5-story luxury yachts? This disgusts me. The only thing that trickles down is the golden shower as they piss on the poor and middle class.