Big scams in the USA that are destroying the American middle class, seniors, and the nation. Some of these scams are: dot-com; subprime mortgages; 0% interest rate; international disorder; higher education scam; private prison scams; sport and entertainment; tax scam; etc…
It is not by an accident that from the above scams in the last 20 years (1996-2016) over 6 million “new Wall Street millionaires” were created in the USA and over 400 billionaires. When, before, during more than 200 years (1776 –1991) only 3.6 million “traditional millionaires” were created. The difference is: “traditional millionaires” created and built national wealth versus today’s “New Wall Street millionaires” that got their millions from the above scams, by robbing the American people and the country…
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SHORT STORY # 59.
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BY ALLA P. GAKUBA, BSCE, MAS, Ph D
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