Plutocracy of the Rich, by the Rich and for the Rich

Masocchio at Firedoglake explains that our government is incompetent because it does everything for the rich:

The people who run our political economy, the rich and their tools in Congress, have adopted utterly incoherent policies: spending money on things they like and demanding cuts in everything they don’t like. The things that matter to the rich are completely different from the things that matter to the middle class and the poor, the only two classes that polite society admits exist. Even millionaires are middle class now, and the discussion in public spaces, like newspapers, television, radio and big internet sites, never points out that the very rich, the top few thousands of wealthy people, constitute a class with identifiable interests.

In September, 2008, they demanded trillions of dollars in direct and indirect bailout subsidies. Millions of Americans lost their jobs in the ensuing crash. When the Tea people began screaming about deficits, the rich explained that “we” had to bail out the economy, and that such deficits were natural. Somehow, the screamers didn’t notice that the cause of the problem was the greedy rich whose utter incompetence produced the Great Crash. The rich don’t want to pay for their disastrous management of the political economy, and that causes incoherent government policies.

SNIP

How can we as nation survive this utterly incoherent management of the political economy by the rich?

Read the whole thing.