Wednesday, June 29, 2011

Charles Hugh Smith: The U.S. Is A Kleptocracy Too

From Of Two Minds:

Yesterday, I noted that Greece Is a Kleptocracy; the U.S. is a kleptocracy, too. Before you object with a florid speech about the Bill of Rights and free enterprise, please consider the following evidence that the U.S. is now a kleptocracy worthy of comparison to Greece:

1. Neither party has any interest in limiting the banking/financial cartel.

2. Our stock markets are dominated by insiders.

3. The rule of law in the U.S. has been divided into two branches: one in name only for the financial Elites and corporate cartels, and one for the rest of us mere citizens.

4. Just as in Greece, taxes are optional for the nation's financial Elites.


http://www.oftwominds.com/blogjune11/US-kleptocracy6-11.html

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