The income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the stability of democratic capitalism itself.
Is that a liberal's talking point? Sure. But it's also a line from the recent public testimony of a champion of the free market: Federal Reserve Chairman Alan Greenspan.
America's powerful central banker hasn't suddenly lurched to the left of Democratic National Committee chief Howard Dean. His solution is better education today to create a flexible workforce for tomorrow - not confiscation of plutocrats' yachts.
Holy shit! The stability of democratic capitalism is itself threatened by current trends in income? Oh my God! Who should we blame?
Instead of simply reporting on the facts that bolster his assertion in the first graf, Peter Grier, the author of this monstrosity, chooses to gratuitously swipe at liberals twice within the next two grafs.
Since when is Howard Dean the ne plus ultra of American leftism? Why is liberalism itself such a prominent feature of this story? Aren't talking points a more characteristic tactic of the monolithic Right than the slapdash, ineffectual Left?
Later in the article we get these gems of journalistic integrity: "So are liberals overjoyed by these words from a man who is the high priest of capitalism? Not really, or at least not entirely." Liberals overjoyed about income equality just because it's validated by Greenspan? Peter, what are you smoking?
Or this: "On the other hand, some conservatives label the whole inequality debate a myth. The media's recent focus on the subject stems from its liberal bias and clever press management by Democrats, they say."
Peter, what the fuck? Get your head out of your ass. Liberals aren't the problem — plutocrats, their yachts, and their lackeys in the press and in government are the problem.
Look in the mirror. Now look at your yacht. Don't have a yacht? Then you're a lackey. Stop kissing pork-greased plutocratic ass already.
