America minted its first billionaire 103 years ago when steel magnate John D. Rockefeller’s bank balance clicked over to ten digits. The country is now home to 607 billionaires. Three of them are running for president.
Media tycoon and former mayor of New York City Michael Bloomberg ($53 billion) sent up a trial balloon this week, joining hedge fund manager Tom Steyer ($1.9 billion) and the incumbent horror Donald J. Trump (morally bankrupt) on the campaign trail.
Never before has the country seen three billionaires vying openly for the most powerful office in the nation. The standard operating procedure for plutocrats has been to wield power from behind closed doors, and to do so quietly, lest they alert the teeming masses.
Continue reading “Billionaires and ballots. We need to talk.”