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The Real Debt Ceiling

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John Rachel
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I've referenced this in a prior blog. But it's worth reviewing.

To spend the Koch brothers incomprehensible fortune at $10,000 per day, it would take almost 28,000 years __ it would be 29,394 C.E. when you finished your shopping spree.

Spending one million dollars a day, it would take 214 years to go through the monumental wealth of Gates.

The fortune of the Walton family __ owners of Wal-Mart __ totals more that the bottom 42% of Americans. One family has more money than 134,000,000 people.

This is insane.

This is the system we have in place.

This is what the laws of this country have cemented into our national landscape.

Wealth inequality on this level is inhumane and grotesque.

Worst of all __ and the subject of a whole other blog __ the economic infrastructure which locks in this kind of excessive capital aggregation is destroying our planet, and may lead to human extinction. I can't improve on Naomi Klein's lucid exposition of this, so I won't try.

Just taking the narrow view of the social consequences, and the destructive impact wealth inequality has had on our democracy, we need to ask ourselves . . .

Is this sustainable?

One great thing about a rhetorical question is that the answer is so obvious, you don't have to answer it.

But we certainly need to do something about it . . . before it's too late.

Other than a handful of legislators __ Bernie Sanders and Elizabeth Warren certainly are talking about it __ and our president who gives lip service to this critical issue, there is no one in public life who is serious about addressing this threat to our existence as a nation.

No one!

Just about everyone in elected office __ to a man, to a woman __ needs to go.

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John Rachel has a B.A. in Philosophy, and has written ten novels and six political non-fiction books. His political articles have appeared at OpEdNews, Russia Insider, The Greanville Post, and other alternative media outlets. Since leaving (more...)
 

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