“Liberty cannot be established without morality, nor morality without faith,” said Alexis de Tocqueville, who also noted Americans’ particular respect for money and those who possess it.
What would the most famous non-American commentator on America have to say about today’s rich behaving badly, from Wall Street banksters voting themselves fabulous bonuses while running too-big-to-fail banks into the ground to the Koch Brothers buying governor’s mansions and statehouses nationwide?
If he were still around, I’ll bet de Tocqueville would commission an artist to do up a graphic like the one below, “Mo’ Money Mo’ Problems.” It shows that rich people really are nastier drivers, bigger tax cheats and worse mortgage deadbeats. Maybe you suspected it already? Now you know for sure.
Re-posted from AccountingDegreeOnline.net.