re: "So your parents told you that it would be OK if 100% of the wealth of our nation were to be owned by only a small percentage of the citizens"
Assuming they came about their wealth honestly, then yes.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months