Letter to the Editor
America is no longer a democracy. America is now an oligarchy. An oligarchy is where a small group of rich people control the government. Here’s 3 strong indicators supporting my claim:
1) In 2008 there was so much fraud in the banking system that every major financial institution collapsed. They had transferred trillions of dollars out of our pockets leaving us with 18 trillion in national debt. And in spite of crashing the economy with fraud, no one is being prosecuted for these crimes. The rich don’t go to jail,
2) All of us in the lower 98 percent pay our taxes but the rich pay half the rate we do on the money they aren’t hiding in foreign bank accounts. Apple – for example – has $137 billion stashed overseas. They live in California mansions while we pay interest on the debt.
3) When the sequester made air travel inconvenient for the rich to fly Congress acts instantly to releave their suffering while the old and the poor eat dog food in some alley.
And it’s not just a republican issue. Both parties are allowing it to happen. We need to tell Obama and Erik Holder to start prosecuting the rich the way they go after the poor.