The Five Facts you should know about the 1%

[Ichingcarpenter]

1. The Top 1 Percent Of Americans Owns 40 Percent Of The Nation’s Wealth:




2. The Top 1 Percent Of Americans Take Home 24 Percent Of National in 1976 they took home just 9 percent — meaning their share of the national income pool has nearly tripled in roughly three decades.


3. The Top 1 Percent Of Americans Own Half Of The Country’s Stocks, Bonds, And Mutual Funds:



4. The Top 1 Percent Of Americans Have Only 5 Percent Of The Nation’s Personal Debt:






5. The Top 1 Percent Are Taking In More Of The Nation’s Income Than At Any Other Time Since The 1920s:







More details at ThinkProgress :

http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-one-percent/

[Jim Warren]

1. Why are you doing it?

How much better can you eat? What can you buy that you can't already afford?--Jake Gittes

The future, Mr. Gitts, the future--Noah Cross

[Ichingcarpenter]

2. I goddamn near lost my nose with the one percent.

I noticed their graphs are from 2007 so the situation can have only have gotten worse

[Smarmie Doofus]

4. "Whoever killed my husband... why have they gone to so much trouble?"

"Money. How they expect to make it out of emptying reservoirs, that I don't know."

[vets74]

6. That's sorta what TEXAS did.

The 12 years of Rick Perry saw a big increase to urban population.

So they rerouted water from farming to the cities. Did not expand the artificial lake system AT ALL.

Now they pay for it.

Recall Joseph and the Pharoah -- 7 years of fat followed by seven years of lean. Perry nad his Top 1%ers didn't recall it. They didn't lay aside anything.

[Quantess]

3. I always say that most of the top1% is too "common", too unwashed,

for the top .0001%

[No Elephants]

5. Someone who was descended from Boston Brahmins who had lost their fortune over the

years told me what his grandmother said when he told her he had voted for JFK:

"The Kennedys are lace curtain Irish with a whiskey forturne. You did NOT vote for him and that is that."

But, I don't know if blood lines count that much anymore.

I daresay, Bill Gates would be welcome at whatever "blueblood" event he might choose to show up to.