The Occupy Wall Street movement protesters—as well as Obama and the Democrats—are fixated on what they say are “the rich 1%,” as opposed to the noble and deserving “99%”.
Their aim is woefully off, as anyone with some knowledge of Austrian economic theory and historical analysis can explain. But they’ve never read an Austrian School economist, such as Ludwig Von Mises (pronounced MEE-zezz)—or reject that school of thought as extremely dangerous to their interests—with the Ruling Class attitude expressed above. LOL.
But don’t get me wrong! There is an “evil 1%”! And their rapaciousness and oppression must be confronted and dealt with. That much is true. But…