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The One Percent Blues

The One Percent Blues
Fri, 9/6/2013 - by Anthony Haden-Guest
This article originally appeared on Creative Time Reports

The hugely rich have always been with us, of course, but now it’s… different. When wealth was generated by land, trade and manufacturing, everybody lived in the same world—though some in nicer parts of it than others. But now that dull “real” world has been magicked into a wondrous VIP Room where insiders play games like arbitrage and asset stripping – Hello, Bain! – while trafficking in financial instruments referred to by acronyms, and so arcane that some of their users apparently understand them only dimly. There have, of course, always been traders that bet on failure—the corner pawn shop, for one—but they were small stuff. Today, mighty empires are built from disaster and debt.

But, hey, the players say they feel “unloved”—persecuted by grungy taxpayers and snippy regulators? Woe is us! Hence this lament.

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Article Tabs

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Virtually every facet of the upper echelons of American society is represented in the emails, from legacy media to academia, Silicon Valley, Wall Street, and Washington DC.

To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.

In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.

Regardless of the motive for the boat strikes in the Caribbean, the Sept. 2 strike has sparked bipartisan outrage among members of Congress who have oversight over the Pentagon.

If Democrats stick to the blueprint last week’s elections provided, MAGA could be extinct before the end of the decade.

Virtually every facet of the upper echelons of American society is represented in the emails, from legacy media to academia, Silicon Valley, Wall Street, and Washington DC.

To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.

Posted 1 month 1 week ago

In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.

Posted 1 month 1 week ago