The new book by Pulitzer Prize-winning journalists Donald Barlett and James Steele is, they say, “the story of how a small number of people in power have deliberately put in place policies that have enriched themselves while cutting the ground out from underneath America’s greatest asset – its middle class.
General Motors in mid-February announced its highest annual profits ever -- $7.6 billion in 2011 profits on revenues of $105 billion. That’s not only an increase of 62% from the year before, it’s just two years since GM reorganized under federal bankruptcy law – helped by $82 billion in taxpayer money.