The American Spectator has a long article, written by Anthony Codevilla, on America’s Ruling Class. It is a very long article, so you may want to print it out to read it…then kindly come back here and discuss.
I think the article somewhat overstates its case, but points to some trends which are very disturbing and are moving, in the wrong direction, very fast. This is important enough to deserve careful reading and extensive discussion.
Update: Grim has a useful summary of the article.
Update 2: A couple of relevant links:
RWCG on Modern Leftism as a Fine-Tuned Wealth Display Strategy
My post explaining why paying higher taxes can be very profitable
Also: The Booming Washington, DC Economy…related to my “profitable higher taxes” link above.