Bitchin Dave's newsletter

Once again, it feels like the world around us is out of control, and I have to say that I get irrationally angry at some of it.  New stories appear every day about malfeasance, greed, corruption, subverting religion, social issues, and a total lack of concern for our future, or that of the planet.  There are lies and obfuscation that just make everything harder. And of course, the people that support the unfettered administration behind most of the nonsense are just blindly clapping, even when it directly adversely affects them.  It's a form of insanity, and cultish in the way it plays out. FAFO, indeed. But I remain hopeful about it all.  At ...

Wealth is so out of control these days.  The  ü ber wealthy have grown to a point where they have become oligarchs ( actual definition:  An oligarch is an extremely rich and powerful person who uses extreme wealth and business ties to control or influence government and society . The word comes from ancient Greek terms meaning "to rule by the few" ) Back in 1990, there were just 66 people in the US who had a billion dollars or more.  And the top 1% of the population controlled a little under $5 trillion in total. Today, there are about 3,400 people with a billion or more (that's more than a 50 fold increase, and the curve is something like exponential growth).  And the amount of...