"The answer to the question âIs America a plutocracy?â might seem either trivial or obvious depending on how one defines the term. Plutocracy, says the dictionary, simply means ârule by the rich.â If the query is taken literally to mean that the non-richâthe vast majority of American citizensâhave no influence in American democracy, or that the country is self-consciously ruled by some hidden collusive elite, the answer is obviously âno.â On the other hand, if the question is taken to mean, âDo the wealthy have disproportionate political influence in the United States?â then the answer is obviously âyesâ, and that answer would qualify as one of the most unsurprising imaginable. Wealthy people have had disproportionate influence in most polities at most times in history..." More: http://www.the-american-interest.com/article-bd.cfm?piece=906
Rush Limbaugh mentioned the ruling class, and Sarah Palin is rejected because she is not part of the ruling class. Obama doesn't seem to be part of the ruling class, so I'll guess he's just being used as an instrument.