Are We Living in an “Oligarchy”?

Bernie Sanders said recently that President Trump’s rule is in effect an “oligarchy” of billionaires. The 83-year old senator from Vermont said, “These are the scariest times in my life.” Sanders told his Facebook followers:

“Are you ready for a boring history lesson? Back in the 1770s, the founding fathers of this country, who were nobody’s fools, created a government of checks and balances. They created an executive branch, a legislative branch, the Congress, a judiciary, our federal court system to keep a check on each other.”