Ideally, yes, "of the people, by...."
In reality, it is "of the corporation, by the corporation, for the corporation"...
Distribution order of the bailout reflects that:
1. Corporations
2. Small businesses
3. Peoples
Any questions? Please re-read the second paragraph... 
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I know you are more of a lover than a fighter, and I love that about you. I think we need both lovers and fighters at this time. I’m a fighter, and I’m fighting for the people now. Enjoyhttps://youtu.be/6KlJotKFS6w
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I feel & share your righteous indignation my friend. My anger grows with the passage of every day/hour until I’m exhausted. As Marianne Williamson says this corrupt “government” has needed a “course correction” from the moment avarice took precedence over “we the people”
End of conversation
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One wonders if that's still possible given that America lives the opposite of its 'principles'.
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I agree.

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Wasn’t it people living to their principles that led to this mess? Perhaps some of us might like to review the principles we live by and focus more on connecting and helping each other.
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Shouldn’t, but they will.
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