Most of the 1% aren't gaining all that much

[cthulu2016]

In terms of rate of wealth gain, most of the 1% is limping along, having to make do with merely being very rich.

The top tenth of the 1%, however, is doing quite well.

And the top 1% of the top 1% in wealth is rocketing upward.

It is cause for a revolution of some sort.



Notice the difference between the great depression and the recent small depression. During the great depression wealth inequality decreased.



Charts from:
http://talkingpointsmemo.com/dc/the-amazing-wealth-surge-for-the-top-0-1-percent

[gordianot]

1. It is tough if you are a 1%er and make stuff to sell when few can buy your stuff.

If you are a 1%er who has a monopoly, involved in scams to defraud the public, hedging bets on losses; then life is a great big opportunity.

[Maedhros]

2. Notice that the period of greatest prosperity in America occurred during the time frame

in which the wealth share of the top 0.1% was at its lowest.

Since 1978 this share has been increasing continually.

Notice also that the last three Democratic Administrations did nothing to reverse the trend.

[Octafish]

3. It's like a pattern.

Or a replay.

"One of the things that is interesting about reading conspiracy theory is that much of what folks think is conspiracy is really many people acting in concert to make or protect their money." -- Catherine Austin Fitts.

Wealth, Income, and Power

[Maedhros]

4. "The greatest trick the Devil ever pulled was convincing the world he didn't exist."

Verbal Kint, The Usual Suspects (1995)

The 0.1% have done a very good job of ensuring that nobody notices them. If for no other reason, OWS deserves our gratitude for raising awareness of the existence of the ultra-wealthy and putting the notion of "the 99%" into the national vocabulary.