Do you think these guys (the likes of Citibank) don't know what's going on? Do you really think it's incompetence that has caused such an imbalance in income distribution? Take a glimpse into Citibank's Plutonomy Report in 2006 as they paint wealth confiscation by the top 10% as a good thing. Go politicians!
The report looks like it was written by Indian workers. How can I tell? By the phrases that are used.
This report was linked elsewhere online at several websites a few weeks ago. So I apologize if you have already run into it.
[Link] Citibank's Plutonomy Report 2006
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