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A capitalist explains things

This is hard to summarize, so all I can do is urge you to read this article by Nick Hanauer, who is a very rich person who is also, apparently, an honest man. A very rare mix these days.

I confess I was totally unaware of the overtime rules he writes about, or of the fact that they have been used as yet another means of screwing the middle class. It is also extremely disheartening to know that Obama could single handedly take action that would go a fair distance toward reversing inequality in this country and to also know that, when all is said and done, he'll do next to nothing.

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