plutocracy
1 : government by the wealthy
2 : a controlling class of the wealthy
The boss of the government (taxpayer) owned AIG says he is taking just $1 in salary. What about other compensation? Other compensation like the taxpayer's bailout money that you sent to Goldman Sachs to boost the value of the $3 million of Goldman Sachs stock he owns.
America has become a plutocracy of government by the wealthy, and the wealthy who control the government continue to steal from the taxpayers while pretending to take just $1. They are taking trillions of dollars.
AIG CEO Edward Liddy owns $3 million of stock in Goldman Sachs.
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