Who Rules America?
Ilene, WordPress
In Robert Frank’s excellent book "Richistan," he points out that "The wealthy weren’t just getting wealthier - they were forming their own virtual country. They were wealthier than most nations, with the top 1% controlling $17 trillion in wealth. And they were increasingly building a self-contained world, with its own health-care system (concierge doctors), travel system (private jets, destination clubs) and language. ('Who’s your household manager?') They had created their own breakaway republic - one I called Richistan."
(This blog is suspended - another link: http://blogs.wsj.com/wealth/2007/06/05/why-richistan-why-now/)