I’ve never had a problem with money. It’s good, it’s green, you can do fun things with it. But as a Finance Professor, I learned long ago that there is a difference between appreciating the power of money and falling in love with it. America is a country that loves money the way Flava Flav loves clocks and fried chicken; it’s entirely over the top, and years of unregulated capitalism are serving to undermine the stability of our entire democracy.
Over the last 15-years, the real wage of the Average American worker has remained stagnant. Programs have also been sliced for the poor in record numbers. All the while, the wealthiest 5% of all Americans have accumulated more than half of our country’s wealth. Simultaneously, the bottom 40% only hold .3% of that wealth. This, my friends, is not healthy American free enterprise. This is the making of an oppressive society that is hell bent on self-destruction.