Joseph Stiglitz : Of the 1%, by the 1%, for the 1%

Joseph Stiglitz : "Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret." Joseph Stiglitz wrote in an article in Vanity Fair , what's interesting is the timing of the piece, as the issue of Obama's complete incompetence on economic matters has driven his approval numbers to the lowest levels which could be a sign that Obama may not be re-elected for a second term