http://www.fool.com/investing/general/2011/10/10/i-am-the-99-how-about-you.aspx
For the past few days, I've been trying to wrap my head around what it is -- exactly -- that protesters are trying to accomplish with their "Occupy Wall Street" demonstrations.
Even the man responsible for starting the protests, Adbusters Editor-in-Chief Kalle Lasn, wasn't quite sure what the rallying cry would be. "The demand could be some stupid lefty thing like 'overthrow capitalism,'" Lasn said back in September. "We're hoping it's something specific and doable.”
Now in its third week, this nascent movement seems to have found its motto.
"We are the 99%"
In case you’re wondering, if your household takes in less than $1.5 million per year, you, too, are in the bottom 99% of income earners, according to statistics from the Tax Policy Center.
(Article does continue.)
Zim:
The article goes on with a graph. Showing, in the
1920's the top 1% made some 70% of the money.
In the 1960's, the bottom 90% made some 65% of the
money. And we've been going down ever since.
My suspicion is that as America goes more and more
socialist, the 'wealth disparity' gets worse and
worse.
As in, the more 'power and control' that is exercised
by 'socialists' . . . the more that control is abused
and used by the wealthy to enrich themselves while
impoverishing everybody else.
I do not believe it is a coincidence that the rise
of the welfare state inthe 1960's marked the fall
of the American Middle Class.
Zim.
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