On February 26, 2013 we saw this headline: Profits at U.S. banks up 37% - CBS News: The very next day we were treated with the news that JPMorgan Chase would be cutting 17,000 jobs. Today - despite the uncertainty in the economy with the sequester taking hold - the Dow hit a new record high while at the same time we still see the unemployment rate remaining high. What's up? Simple. It's that major greed factor setting in again. The wealth is piling up at the top and at this point it isn't even trickling down to those of us in the struggling, disappearing Middle Class. To get an excellent graphical representation of the true extent of wealth inequality in America check out this video. It is both informative and enlightening.
