Dollarocracy Over Democracy, 2012

One Percenters Buying Themselves an Aristocracy

By Leo Gerard
USW President, via Huffington Post

August 30, 2012 – The U.S. Constitution guarantees separation of church and state. What this nation needs now is separation of wealth and state.

Without such a protection, Americans stand to lose their democracy. They’ll be ruled instead by an aristocracy of 1 percenters.

That’s the 1 percenters’ plan. To them, it was no more than a perk when the U.S. Supreme Court enabled politicians to open their wallets for unlimited, anonymous campaign contributions. That’s because way before the 2010 Citizens United ruling, 1 percenters were working on a takeover. If the 99 percent don’t stop them soon, don’t establish some sort of separation of wealth and state, then the nation will lose its founding precepts — that all men are created equal and that governments derive their just powers from the consent of the governed. Aristocracies can ignore the governed.

Already the 1 percenters have been extraordinarily successful. The rich really do enjoy advantages. They’ve succeeded in stuffing Congress with their peers. In America, fewer than 1 percent of all people are millionaires. In Congress, 47 percent are. The median net worth of a U.S. senator in 2010 was $2.56 million.

Those guys haven’t experienced what it’s like to try to pay a mortgage, fix the car and keep food on the table for the average household with a median income of less than $52,000. They’re completely out of touch with the 50 million Americans who don’t have health insurance.

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