The poor never complain. The rich are another story. From 2008 until present, the rich have received unprecedented government benefits, mostly by rigging markets and graciously accepting the profits from governments asset enhancement initiatives.  All of this has been on the backs of ordinary people who oddly don’t seem to mind.

The economy is turning bad. Incomes are going to drop and and asset prices are going to tank. You won’t hear a complaint or request for help from the poor. The rich will squeal like stuck pigs. Billionaires will be on television begging for government intervention and asking for bailouts.

When the government gives, gives and gives to a privileged class for a long enough time they consider their benefits an entitlement. Today’s rich have succeeded with unprecedented government assistance. The rich have been conditioned to expect the Federal Reserve to guarantee profits for them. This is seen as an entitlement these days.  Today’s rich are conditioned to think of investment profits as a right guaranteed by government.