Aristocracies In America

Taking away bankruptcy for the middle class, while allowing the filthy rich to still protect their assets through consolidation in certain states, like Florida; elimination of the inheritance tax; limiting the poor and middle class's right to seek monetary damages against huge corporations that kill and maim us; tax policies that shift wealth upward; and on, and on.

The founding fathers were so afraid of aristocracies, Article I, Section 9 of the Constitution states in part: No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince or foreign State.

Thomas Jefferson, John Adams, Benjamin Franklin, Thomas Paine, Noah Webster, Samuel Adams, James Madison — rejected anything that smacked of the stratified aristocracies of Europe. Visiting Europe, Jefferson and Adams wrote of being appalled by concentrations of vast wealth passed down for centuries. Absolutely central to the success of the new republic, they argued, was fair, broad, and equitable distribution of wealth and property.

President Theodore Roosevelt first proposed the current estate tax in 1904 in response to the corruption and excesses of the Gilded Age. Progressive Era reformers feared that if wealth concentration continued unchecked, most of the U.S. population would end up subjects of the robber barons, as Europeans were to their aristocracies. The tax was signed into law in 1916.

Take someone like Bill Gates; whose wealth would probably allow him to buy most of the available real estate in the state of Washington before he passed on. He then, only rents that property, never selling it. Then, he is able to pass that real estate along with his monetary wealth to heirs, who in turn buy another state's real estate and pass it on; it's real life Monopoly. What you end up with, are a few very wealthy individuals that own the nations assets, and everyone else works for them.

Some would think this is acceptable, these are very dangerous individuals, people who's ancestors probably would have fought on the side of the British; these people need to be exorcised form our government.