FALLING DOWN, 2009 STYLE

The Rage of the Privileged Class As It Loses Its Privileges -- New York Magazine

I found this to be a compelling read - not because you sympathize with the privileged class whining about their loss of privilege - but because it lays bare some of the conversations around class that, up until this crisis, we've tended to ignore or avoid. Personally, I can't see really see a long-term bad consequence of a shrinking class gap though the the elitist-populist anger (if that makes any sense) may have some interesting political repercussions.

--O.W.