If we are still talking about controlling the wealth, then NO, it should not be in the hands a few hundred politicians. Theoretically, the elected should represent the interest of their constituents, but does that ever happen? It's impossible to represent the interests of everyone, so maybe the elected should not represent the interest of any. Instead the politicians end up doing what they think is best for people affiliated with the party that elected them. People are self-governing. That was the case when this country was first founded. That was the case when people headed west, outside of the grasp of the government.
Where did the incentive go? Can you not become rich? What's stopping you? Sure, if you think that Obama is the candidate for you go for it. No matter which candidate you choose, it's wrong to take from one, against his/her constitutional rights, and give to another. The bailout and many goverment programs included. And i'm far from people making $200k or $250k, whatever it is, that will be taxed more. I don't want their money. I just want to keep more of what I earn. I don't want social security. I just want the federal government to go back to it's roots. People will take care of themselves. People will take care of each other.
How much wealth do you think is/was redistributed thanks to government? Beyond regulation, we can look at government contracts or legislation that was passed to stack the deck, if you will, in some rich guy's favor.
No matter what, it's difficult to deny they system is flawed, and there needs to be a change that no politician can provide; only the people can demand it.
I've enjoyed the chat. I'll check back tomorrow.