Kleptocracy – noun; a government or state in which those in power exploit national resources and steal; rule by a thief or thieves. informal: a government where officials are politically corrupt and financially self interested…
To wit: President Obama and the First Family left a $16 million dollar tab for taxpayers to pick up for flight expenses on just two trips last year alone.
Michelle Obama wants Chinese take out – rumored here to be a paltry additional $8 million dollars net; to you Joe Taxpayer. Eric Holder wants free frequent flyer miles, great gig if you can get it! That really must chap Nancy Pelosi’s ass given her private jet got taken away.
And what about uncle Ben Bernanke’s legacy balance sheet which now totals 4.3 Trillion dollars and allowed the biggest transfer of wealth from you the bagholders to the Five White Guys Who Ran Wall Street. The faces have changed but the names not so much: AIG, GS, JPM, MS, BAC and their bumlicking minions, liars and thieves.
Need I go on? Welcome to the United Socialist States Of America!