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>> BANK OF AMERICA Latest News

MAR 10, 2013 - Zero Hedge

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Guest Post: Corporatism - State-Controlled Capitalism

Submitted by Michael Snyder of The Economic Collapse blog, The Dow is at a record high and so are corporate profits - so why does it feel like most of the country is deeply suffering right now?  Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food stamps and the middle class is being systematically destroyed.  How can big corporations be doing so well while most American families are having such a hard time?  Isn't their wealth supposed to "trickle down" to the rest of us?  Unfortunately, that is ... Read More

Tags: Guest Post: Corporatism - State-Controlled Capitalism,  Bank Of America Latest News