Wealth Inequality In America

https://www.youtube.com/watch?v=QPKKQnijnsM

YouTube is more trusted than CNN.

But it's not only the Time Warner news outlet... People trust YouTube more than any television news, from cable to network, from Fox to ABC.

Why?

Because there's no filter.

No one beholden to banks or advertisers skewing what's exhibited.

Now I haven't checked the data in this clip. For all I know, it could be inaccurate. But I doubt it, after all, just the other day I saw in the "Wall Street Journal" that nine bankers collectively made in excess of $1 billion last year. A BILLION DOLLARS! HOW AM I SUPPOSED TO COMPETE WITH THAT!

I can't.

And here's where I give the rap that our whole country has been skewed, its culture compromised, by income inequality. Of course the poor are disadvantaged, but each and every American is culturally disadvantaged because the best and the brightest no longer go into the arts, because they just can't make enough money. And no one wants to be poor anymore. The middle class is a fiction. Ivy Leaguers, they want that cash.

But let's not get sidetracked.

This is about the power of YouTube.

First, the power to reach people.

Second, the impact of said videos.

Yes, you at home, with a really good idea, well executed, can reach a million people. This was previously impossible. Distribution was controlled by said networks and cable outlets. That's what happened in the music business. The labels lost control of distribution and...

Revenues collapsed and the whole industry went topsy-turvy.

And now the same thing is going to happen to government.

You see D.C. is out of touch. They think they're playing for the money, for the special interest groups. If you think politicians are beholden to the public, you've got a third grade education.

That's America in a nutshell. Everybody owes somebody else.

Except on YouTube.

Yes, just like the public was far ahead of the music business, it's now far ahead of the government.

Same deal with the rich.

If you're wealthy, I'd say it's time to keep your name out of the paper, to forgo that victory lap, along with the yacht. Because there's more of us than there are of you. Hell, did you read today's "Wall Street Journal," about how in Switzerland there are new rules regarding executive pay?

Why should America be different?

Why can't there be an Arab Spring here?

This video says both Democrats and Republicans desire the same income distribution, which is a far cry from today's reality. This is not a political issue, this is a HUMAN issue!

"A Jumbo Payday for Deal Titans": http://on.wsj.com/XPlEXh

"Swiss Back Executive-Pay Controls": http://on.wsj.com/ZZYuQS


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