Jim Tumbls.

“Collectively, [the wealthiest] 400 have $1.57 trillion in wealth. It’s hard to get your mind around a number like that. The way I do it is to imagine that we were still living during the great radical Eisenhower era of the 1950s when marginal income tax rates hit 91 percent. Taxes were high back in the 1950s because people understood that constraining wild extremes of wealth would make our country stronger and prevent another depression. (Well, what did those old fogies know?)”

What does $1.53 trillion buy? Lots of great ‘stuff’ for all Americans, and our society as a whole. “And please let’s not call it socialism, now that we’ve placed the entire financial sector on welfare to the tune of over $13 trillion in subsidies and guarantees.”

Read more at: http://www.huffingtonpost.com/les-leopold/the-forbes-400-shows-why_b_306228.html?alacarte=1