In case you missed the last couple of weeks trying to decipher the transcript of Sarah Palin's interview with Katie Couric, you may have heard tidbits about some sort of $700 billion bail out for Wall Street. You see, that's where the American people's wealth was spread to billion-dollar corporations who fell short of their original goal of spreading our personal wealth to themselves using bad mortgages as their drive-thru-bank-cannister-vacuum-chute-like-thingy vehicle of choice. My fellow Americans, you may have also noticed that you've been spreading a bit more of your wealth to oil companies and then to credit card companies in the form of higher interest rates & late charges when you couldn't afford to pay them on account of having spent your bill money on gas for your automobile.
If you live along the coast, you'll definitely recall spreading pretty much all of your wealth to insurance companies that were already quite wealthy:
When insurers sharply boost premiums on the coasts, increase deductibles, refuse to renew policies or otherwise cut back coverage, policymakers often accept these steps as necessary to help the property/casualty insurance business meet the huge challenges it faces in a risky world filled with dangers that it cannot adequately measure...And remember when you made the decision to allocate your wealth for the worthy, moral cause of helping your countrymen and countrywomen rebuild their hurricane shattered lives? Well, our Republican leaders faithfully doled your wealth out in a heartily fashion -- to their already superwealthy pals.
...The financial reality of the property/casualty insurance industry couldn’t be more different than the carefully cultivated perception fostered by insurers. Insurers are paying out lower claims, charging higher premiums, reaping greater profits, and are more financially solid than at almost any time in history.
So you see, America is all about spreading the wealth! I mean we love us some fuckin' wealth distribution!! Politicians love to talk about "sharing in the American dream." Remember to remind them -- and most importantly, remind yourselves -- that sharing in that dream requires sharing some of your own damn wealth back to you.