Then there's this summary of our woes.
Combine those two pieces with the other recent reports showing banks and mortgage servicers have changed NOTHING and continue to fabricate documentation and commit frauds on courts when foreclosing people out of their homes and you wonder just how clueless these people are.
I am certain that the elites of Bourbon France sniffed that the message from the masses nearing the Bastille was incoherent. Given Americans' propensity for violence and extremely well stocked gun racks, I pray that the elites here understand something about history, such as what happens to a society when the middle class is destroyed and impoverished.
High tech information processing and the globalization of trade, with the concomitant insecurity for all but the elites creates conditions conducive to tremendous and self- reinforcing inequality, like the positive feedback cycle that drives a microphone into a painful squawk of noise. The destruction of communities by the banksters and the corporate chieftains who insist that Henry Ford was misguided to care whether the people who built his cars could afford them is at the point where even relatively or apparently well-off folks are without any resiliency and cannot withstand any reversals, such as a serious illness or job loss.
Given that most people of a certain age played Monopoly as children (a game created during the Great Depression before this one), it's a wonder that more people don't remember that the game is a lot more fun when all the players have enough money to make deals and exchanges interesting and beneficial to both sides. Once someone establishes enough dominance to make the outcome a foregone conclusion, the fun stops and the grinding down starts, often right before people quit, often by turning over the table and scattering the game pieces to hell and gone. It's not fun when it's a board game, much less when it happens in real life.