How to beat the 1%

[Playinghardball]

[Tuesday Afternoon]

1. DU Rec

[daleanime]

2. K&R....

[DURHAM D]

3. A very good article for background -

http://www.vanityfair.com/politics/features/2009/04/iceland200904-2

One of the distinctive traits about Iceland’s disaster, and Wall Street’s, is how little women had to do with it. Women worked in the banks, but not in the risktaking jobs. As far as I can tell, during Iceland’s boom, there was just one woman in a senior position inside an Icelandic bank. Her name is Kristin Petursdottir, and by 2005 she had risen to become deputy C.E.O. for Kaupthing in London. “The financial culture is very male-dominated,” she says. “The culture is quite extreme. It is a pool of sharks. Women just despise the culture.” Petursdottir still enjoyed finance. She just didn’t like the way Icelandic men did it, and so, in 2006, she quit her job. “People said I was crazy,” she says, but she wanted to create a financial-services business run entirely by women. To bring, as she puts it, “more feminine values to the world of finance.”

Today her firm is, among other things, one of the very few profitable financial businesses left in Iceland. After the stock exchange collapsed, the money flooded in. A few days before we met, for instance, she heard banging on the front door early one morning and opened it to discover a little old man. “I’m so fed up with this whole system,” he said. “I just want some women to take care of my money.”

[redstatebluegirl]

4. I would like to think "we the people"still have a voice.

[TBF]

5. The threshhold for the top 1/10th of the top 1%

is about 100 million I believe.

Do you have that kind of $$$? If so, you've got a voice. If not I think you're pretty much deluding yourself as evidenced by the most recent Supreme Court decisions. I am not trying to be mean and don't really mean this towards you personally. I don't have that kind of cash and I'm sure the majority of DUers don't. I'm really speaking to everyone with my response. It's like George Carlin said "It's a big club and you're not in it". Although it really isn't even that big ... about 16,000 families.