Friday, September 28, 2012
Chris Hayes describes the power of Plutocrats.
Chris Hayes presented his view of the plutocracy in America as shown in the video-tape where Romney made his now famous "I can't reach 47% of Americans so I will just ignore them." speech. Chris (in his Sunday show on September 23, 2012) analyzes the problems of plutocracy and the power of money to spread the ignorance and fears of the plutocrats who control that wealth.
Plutocrats have power, but the power they have is a power they use primarily to maintain the wealth that gives them their social position and power. They tend to make rotten politicians and worse government officials because they are blinded to the needs of the nation by their own needs to maintain themselves. That's what Romney's description of the 47% as moochers really means.
Posted by Richard at 3:36 PM