the election of Mitt Romney as POTUS; those who support paranoid war-mongering, disaster capitalism, further deregulation of the banking industry, an end to Social Security and elevators for their fleet of personal automobiles; billionaires who pay less tax than their secretaries; those who like to gamble away their investors' pensions while reaping millions for themselves in fees; members of the Mormon faith; a collection of people wearing magic underpants; those who would let Detroit automakers fail.
1.) Although Warren Buffett is a member of the Mittocracy, he believes his ilk should pay more in taxes than his secretary.
2.) Now that Mitt Romney is president, the Mittocracy will dismantle Social Security and educational loans.
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)