Please transfer of wealth?? why don't you look at the numbers before you flap your gums.
1979 Top 1% made 9x bottom 90% Top 0.1% made 21x bottom 90% This ratio stable since after WWII
Since 1979 top 1% make 21X bottom 90% top 0.1% make 70X bottom 90%
an astounding generational transfer of literally trillions of dollars from nine out of 10 Americans to the superrich.
Let's also factor in that the top 0.1% pay a much lower effective tax rate than most americans and we can see where the real transfer of wealth has come.
The only people who cheared for the emperors new clothes were 1. Those that sold the him and thus the public the clothes 2. The fools in the public who thought they were smart and rich if they saw the clothes.
That's what I see on this board a bunch of fools stammering over the emperors new clothes.
I truly believe the Bush legacy is looking better and better every day. Obama's been in office a little over a month, and we're only starting to get a taste of how his socialistic programs will slowely destroy this once-great country. He is on a mission to destroy every 401K, every retirement plan, and make everyone dependent on the government. God help us.
He is just the puppet of George Soros, we all know he wants the US to go into socialism as the meglomaniac rich get more control. Soros is pure evil, and you can almost guarantee he and his minions are behind most of the late day selling.