How I would Transfer the American Wealth
If I were in charge of the wealthiest country on earth and wanted to transfer the wealth from the working middle class to the rich and powerful, I would go about it like this....I would first cut taxes and then start a war that we cannot afford because of the tax cuts. The war allows a perfect opportunity for the connected few, the largest corporations, to operate under the radar of financial scrutiny, via services rendered to the war machinery, perpetuated by a national fervor of drummed up patriotism and fear, to extract billions, make that trillions, from the American middle class. However, since there has been a tax cut, and the American middle class is pretty much broke from past digressions of others in charge before me, the only way to pay for this war would be to barrow the trillions needed from other countries. I would not pay for the war as we go along because if the American people were to feel the true pain of the cost of the war, they would probably demand that we end it as soon as we start it. I would barrow the money so that we don't have to feel any pain. I would use the national credit card and I would use my borrowing power to max out the national credit card (it's not mine, I don't have to pay it back). I would make a deal with congress, who I assume would be of my same party persuasion and therefore like minded, that if they ignore my shenanigans in perpetuating and running this war, that I will not veto any of their spending bills and therefore they will get their fair share of the transfer of wealth for their own leaches that are sucking onto THEIR asses. So the debt gets transferred to future generations, no short term pain, the American people feel like their being protected, and I've lowered taxes. It's perfect! So maybe we will have incurred a debt so astronomical that there is no way we will ever pay it off, in fact the interest alone on that debt will insure that we never again enjoy the prosperity we once knew, never have anything that resembles national health care, never again have quality education in our schools, social security will disappear, the infrastructure will erode, and the working middle class will become so poor that we will most likely devolve into 3rd world status.....HOWEVER....the millionaires will have become billionaires and it won't matter to them. And I won't care, they are my friends. They are the folks I pledged my services to when I took the job. This is how I would transfer the wealth of America. Now in all fairness, for the sake of full disclosure, I have to admit that these were not my ideas....I copied them.