Of course, in recent months, the bureaucracy—the Federal Reserve, the Federal Housing Authority, Fannie Mae, and Freddie Mac—has generally ignored the struggles of poor homeowners.
This is asinine. Those agencies--collectively called "bureaucracy" are the very ones that have encouraged the lenders to make loans of questionable veracity to questionable abilities to pay. One can claim, as people often do, that all of banking is a racket and "predatory" loans are racketeering, but there is a reason for the funny money in the first place: Like high crdit card interest rates, you have to give yourself (as a lender) the ability to at least get part of your money back from people who have no business investing in a house in the first place with a job from Boo Boo Burger as their collateral.
Grossman is no dobut correct in that the "overclass" has many of the same separations from the Commonweal concerns of life in their own way as the "poor" do from theirs. But this is a relative comarison, always. Our American poor are the envy of much of the world. If you are going to pretend to be down and out, this is the place. You have much "bureacracy" to support you from food stamps to housing.
The issue is how you do the comparing. In real dollar terms yes the differences in rich and poor are vast and getting wider due to the creative techniques emerging for wealth accumulation not available to people whose insight is limited to menial labor and even many kinds of workaday service, etc.
Now, on the other hand, when it comes to the overall effects of this underclass's eternal dependency on Washington? The trillions spent to alleviate poverty have done so ONLY if "in kind" payments are taken into account, but NOT if the goal of "self-sufficiency" is taken into account.
Voting for a living is not (to me) a legitimate profession.
The Rich don't annoy me all that much, since anyone is capable of stupid and idle antics. I make money off of them and develeped a career on property valuation and brass ring employee relocation. Can't say I could do this with the poor.
The rich hide from the middle class for the same reason the middle class would like to hide from the government created permanent underclass. They don't want a knifing over a wedding ring in your own driveway.