Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 1 Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
OpEdNews Op Eds

How Trump's Grift Gave Government to the 0.01 Percent

By       Message Richard Eskow     Permalink
      (Page 1 of 3 pages)
Related Topic(s): ; ; ; ; ; , Add Tags Add to My Group(s)

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 12/6/16

Author 77715
Become a Fan
  (14 fans)

From Our Future

- Advertisement -

Our country's privileged few used to exert their control through political surrogates. Now, thanks to Trump, they're taking a more hands-on approach.

If it weren't for his appeals to hate, it would be easy to understand why so many voters were taken in by Trump. It's not just that the middle class is dying, or that wages have flatlined and inequality has soared. It's that there is real fear behind those numbers.

Millions of Americans, of all races, genders, religions, and national origin, are living in economic fear and distress. Two-thirds of us would have trouble meeting a $1,000 emergency.

- Advertisement -

That kind of economy is a breeding ground for grift. Studies like those conducted by Boston College's Center for Retirement Research confirm what professional con artists have always known: people in financial distress are easier marks. And make no mistake about it: Donald Trump is a con artist. Trump voters have been taken in by a grift so shameless he might as well have pretended to be calling from the IRS.

Trump was always a Trojan horse for the 0.01 percent. And now he's forming a government of, by, and for the very elites he campaigned against.

Rule of the Ultra-Elite

- Advertisement -

We already live in the most unjust and unequal economy in modern American history. A new report from Deutsche Bank shows that the top 0.1 percent of Americans now holds as much wealth as the bottom 90 percent. In other words, if the United States were 1,000 people in a room, just one of them would be as wealthy as 900 of the others.

That particular statistic hasn't been this bad since the 1930s.

Trump's administration is already the wealthiest in history. Its members are heavily drawn from the tiny group of 16,000 people in this country who own as much wealth as 80 percent of the population -- some 256,000,000 Americans. His cabinet picks include two confirmed billionaires (so far -- he's not done yet). They come from an even more elite group: the 536 Americans whose combined wealth exceeds $2.6 trillion.

For context, the median wealth of an American adult is roughly $34,316.

It's not just their wealth that distinguishes Trump's team from the vast majority of Americans. It's their class exclusivity. Trump has largely drawn from people who, like him, were born into wealth and privilege. This insularity, combined with the heartlessness of the policies they espouse, makes it even less likely that they will empathize with -- or even understand -- the problems of ordinary people.

Most of them have never experienced hard times. And judging from their policy positions, they can be counted on to have about as much empathy for working people as Leona Helmsley's dog.

- Advertisement -

By the way: that dog, who was rich enough to join Trump's cabinet, was named "Trouble."

Goldman Sachs Bait-and-Switch

Next Page  1  |  2  |  3

 

- Advertisement -

Must Read 1   Valuable 1  
View Ratings | Rate It

http://www.huffingtonpost.com/rj-eskow/the-dumbest-bipartisa

Host of 'The Breakdown,' Writer, and Senior Fellow, Campaign for America's Future


Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

How to Fix the Fed: Dismiss Dimon, Boot the Bankers, and Can the Corporations

The Top 12 Political Fallacies of 2012

Pawn: The Real George Zimmerman Story

What America Would Look Like If Libertarians Got Their Way

"F" The Bureaucracy! The White House Can Help Homeowners Right Now

"His Own Man's" Man: Jeb Bush and the Return of Wolfowitz