Topic: Who Are The 1%? | |
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Who is getting rich exploiting the 99%? Meet the worst of the 1%. This is a series of 1-minute videos by Brave New Films.
"The 1% in 1 Minute. These videos show the facts, plain and simple. Share them with your friends and family so Americans can understand exactly how their democracy is being taken from them." Click through to see the rest! From the site: KNOW THE FACTS In just the last generation, the richest 1% almost quadrupled their incomes. The average wealth of the 1% is 225 times bigger than the wealth of the typical household – the highest it’s ever been. Three decades ago, CEOs made about 40 times as much as an average worker – now CEOs make almost 200 times as much as regular employees. Last year, half of Americans earned less than $26,000 while CEOs at top 500 companies raked in an average of $11 million. Over the past decade, earnings for middle-class Americans actually fell. In fact, working Americans’ wages are now a lower percentage of our economy than they’ve ever been. The divide between the richest and the poorest is worse in America than it is in nearly all of Europe and Asia and much of Africa. It’s about as bad as in Rwanda and Serbia – and it’s bad for our economy. The 1% is not an accident – it is the result of policies our government chose to pursue. _______ http://smirkingchimp.com/thread/dave-johnson/41672/who-are-the-1 At the above link you will find short videos detailing the richest of the rich. |
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Dude why you want to pick on people who make money. ?
"As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source |
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The term "One-Percenters" originated from the July 4, 1947 motorcycle rally held in Hollister, California. The rally, which was attended by approximately 4,000, captured media attention after a fight broke out between two motorcycle clubs, the Boozefighters and the Pissed Off Bastards.
The American Motorcyclist Association (AMA) defended the reputations of its members to the press, stating that 99 percent of bikers are law-abiding citizens, but there's that last "one percent" that are nothing more than "outlaws." The term caught on and new motorcycle gangs emerged, called the "one-percenters," which included the Hells Angels. |
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Edited by
volant7
on
Wed 02/29/12 09:07 PM
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top 1% are luciferians
http://www.youtube.com/watch?v=NB-HZG1Zh7s&feature=related http://www.youtube.com/watch?v=lUpZhhbKUBo Ted Gunderson - The Great Conspiracy Exposed 1/7 PL http://www.youtube.com/watch?v=W5r3HELQBXI watch all 7 parts |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You've got it backwards. To make it fair, 100% of the population would pay no income tax. Assuming that the government is "owed" money is fundamentally flawed as it rests on the false premise that a) man owes a "debt to society" b) a central planner has the wisdom to distribute monies rationally and appropriately. (or some variations on these themes) All that has been proven wrong for more than a century. The solution is to make funding of government activity voluntary and to allow competing currencies. |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You've got it backwards. To make it fair, 100% of the population would pay no income tax. Assuming that the government is "owed" money is fundamentally flawed as it rests on the false premise that a) man owes a "debt to society" b) a central planner has the wisdom to distribute monies rationally and appropriately. (or some variations on these themes) All that has been proven wrong for more than a century. The solution is to make funding of government activity voluntary and to allow competing currencies. |
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The State Is the 1 Percent
The "occupy" protest movement is thriving off the claim that the 99 percent are being exploited by the 1 percent, and there is truth in what they say. But they have the identities of the groups wrong. They imagine that it is the 1 percent of highest wealth holders who are the problem. In fact, that 1 percent includes some of the smartest, most innovative people in the country — the people who invent, market, and distribute material blessings to the whole population. They also own the capital that sustains productivity and growth. But there is another 1 percent out there, those who do live parasitically off the population and exploit the 99 percent. Moreover, there is a long intellectual tradition, dating back to the late Middle Ages, that draws attention to the strange reality that a tiny minority lives off the productive labor of the overwhelming majority. I'm speaking of the state, which even today is made up of a tiny sliver of the population but is the direct cause of all the impoverishing wars, inflation, taxes, regimentation, and social conflict. This 1 percent is the direct cause of the violence, the censorship, the unemployment, and vast amounts of poverty, too. I'm speaking of the state, which even today is made up of a tiny sliver of the population but is the direct cause of all the impoverishing wars, inflation, taxes, regimentation, and social conflict. This 1 percent is the direct cause of the violence, the censorship, the unemployment, and vast amounts of poverty, too. Look at the numbers, rounding from latest data. The US population is 307 million. There are about 20 million government employees at all levels, which makes 6.5 percent. But 6.2 million of these people are public-school teachers, whom I think we can say are not really the ruling elite. That takes us down to 4.4 percent. We can knock of another half million who work for the post office, and probably the same who work for various service department bureaus. Probably another million do not work in any enforcement arm of the state, and there's also the amazing labor-pool fluff that comes with any government work. Local governments do not cause nationwide problems (usually), and the same might be said of the 50 states. The real problem is at the federal level (8.5 million), from which we can subtract fluff, drones, and service workers. In the end, we end up with about 3 million people who constitute what is commonly called the state. For short, we can just call these people the 1 percent. The 1 percent do not generate any wealth of their own. Everything they have they get by taking from others under the cover of law. They live at our expense. Without us, the state as an institution would die. "They do not comprehend that the real enemy is the institution that brainwashes them to think the way they do." Here we come to the core of the issue. What is the state and what does it do? There is vast confusion about this issue, insofar as it is talked about at all. For hundreds of years, people have imagined that the state might be an organic institution that develops naturally out of some social contract. Or perhaps the state is our benefactor, because it provides services we could not otherwise provide for ourselves. In classrooms and in political discussions, there is very little if any honest talk about what the state is and what it does. But in the libertarian tradition, matters are much clearer. From Bastiat to Rothbard, the answer has been before our eyes. The state is the only institution in society that is permitted by law to use aggressive force against person and property. Let's understand through a simple example. Let's say you go into a restaurant and hate the wallpaper. You can complain and try to persuade the owner to change it. If he doesn't change it, you can decide not to go back. But if you break in, take money out of the cash register, buy paint, and cover the wallpaper yourself, you will be charged with criminal wrongdoing and perhaps go to jail. Everyone in society agrees that you did the wrong thing. But the state is different. If it doesn't like the wallpaper, it can pass a law (or maybe not even that) and send a memo. It can mandate a change. It doesn't have to do the repainting: the state can make you repaint the place. If you refuse, you are guilty of criminal wrongdoing. Same goals, different means, two very different sets of criminals. The state is the institution that essentially redefines criminal wrongdoing to make itself exempt from the law that governs everyone else. It is the same with every tax, every regulation, every mandate, and every single word of the federal code. It all represents coercion. Even in the area of money and banking, it is the state that created and sustains the Fed and the dollar, because it forcibly limits competition in money and banking, preventing people from making gold or silver money, or innovating in other ways. And in some ways, this is the most dreadful intervention of all, because it allows the state to destroy our money on a whim. The state is everybody's enemy. Why don't the protesters get this? Because they are victims of propaganda by the state, doled out in public schools, that attempts to blame all human suffering on private parties and free enterprise. They do not comprehend that the real enemy is the institution that brainwashes them to think the way they do. They are right that society is rife with conflicts, and that the contest is wildly lopsided. It is indeed the 99 percent versus the 1 percent. They're just wrong about the identity of the enemy. http://mises.org/daily/5776/The-State-Is-the-1-Percent |
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top 1% are luciferians http://www.youtube.com/watch?v=NB-HZG1Zh7s&feature=related http://www.youtube.com/watch?v=lUpZhhbKUBo Ted Gunderson - The Great Conspiracy Exposed 1/7 PL http://www.youtube.com/watch?v=W5r3HELQBXI watch all 7 parts |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You can choose to be misinformed thats your own choice. |
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The term "One-Percenters" originated from the July 4, 1947 motorcycle rally held in Hollister, California. The rally, which was attended by approximately 4,000, captured media attention after a fight broke out between two motorcycle clubs, the Boozefighters and the Pissed Off Bastards. The American Motorcyclist Association (AMA) defended the reputations of its members to the press, stating that 99 percent of bikers are law-abiding citizens, but there's that last "one percent" that are nothing more than "outlaws." The term caught on and new motorcycle gangs emerged, called the "one-percenters," which included the Hells Angels. I knew I couldn't have been the only one who thought this thread was about bikers...... |
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Edited by
Bestinshow
on
Thu 03/01/12 06:38 AM
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http://www.youtube.com/watch?v=HyJn1CW0hbw&feature=player_embedded
The first of ten vids talks about Rob Walton and his family that has more wealth than the bottem 30% of americans combined. Wallmart workers use an estimated one billion in public healthcare because wallmart does not provide adequate insurence to its employees |
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Vid number two talks about Lloyd Blankfein CEO of Goldman Sachs net wealth 433 million.
As you recall Goldman Sachs contributed to the financial crisis Goldman Sachs got 24 billion in the bailout and a staggering 814 billion in aid from the fed. |
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Unfortunately in some cases the wealthy won't use their own money to bail themselves out,they rather borrow it.
Also this country and others have this idea that people should wake up in the mornings go to work and make the rich,richer.This is true but if thats the case shouldn't employers have company programs where the employees have motivation to come to work other than they have to pay bills.Some do the majority don't.Then again some companies have folded do to scandals or actually having programs to give the employees motivation. So if the wealthy would spread the wealth instead of sitting on it maybe it could help the economy or put a dent in it atleast.Theres billions of dollars sitting in these wealthy peoples accounts,even the interest alone could be used to help smaller business that are in trouble.No they rather crush the little guy and put people out of work.Or the investors see a big drop in profits take what they can and bail.This has become the American way. |
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Unfortunately in some cases the wealthy won't use their own money to bail themselves out,they rather borrow it. Also this country and others have this idea that people should wake up in the mornings go to work and make the rich,richer.This is true but if thats the case shouldn't employers have company programs where the employees have motivation to come to work other than they have to pay bills.Some do the majority don't.Then again some companies have folded do to scandals or actually having programs to give the employees motivation. So if the wealthy would spread the wealth instead of sitting on it maybe it could help the economy or put a dent in it atleast.Theres billions of dollars sitting in these wealthy peoples accounts,even the interest alone could be used to help smaller business that are in trouble.No they rather crush the little guy and put people out of work.Or the investors see a big drop in profits take what they can and bail.This has become the American way. they could donate it to the government directly if they wanted to,,,if the thought of 'giving' it to hard working people offends them so,,, |
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The average wealth of the 1% is 225 times bigger than the wealth of the typical household – the highest it’s ever been.
Three decades ago, CEOs made about 40 times as much as an average worker – now CEOs make almost 200 times as much as regular employees. http://whoarethe1percent.com/ Think about it 40 times the average salary is alot, fourty times your lifestyle. That seems reasonable to pay a succsesfull ceo who leads a company to profit. Now think about 200 times your lifestyle for people who have devestated the economy, influenced the media and corrupted our politics. These are simply awful times for most. |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You can choose to be misinformed thats your own choice. I would suggest you actually look at the real facts from the IRS as apposed to some propaganda video focusing on a minority. The top 10% of earners carry 70% of the tax burden while the bottom 50% carry 3% of the tax burden. Truth hurts doesn't it? As a single 27 year old in the top 25% I face a heavy tax burden and it will only increase as I get older while moving towards the 10% mark. http://www.heritage.org/budgetchartbook/top10-percent-income-earners |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You can choose to be misinformed thats your own choice. I would suggest you actually look at the real facts from the IRS as apposed to some propaganda video focusing on a minority. The top 10% of earners carry 70% of the tax burden while the bottom 50% carry 3% of the tax burden. Truth hurts doesn't it? As a single 27 year old in the top 25% I face a heavy tax burden and it will only increase as I get older while moving towards the 10% mark. http://www.heritage.org/budgetchartbook/top10-percent-income-earners These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3% of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. http://www.faculty.fairfield.edu/faculty/hodgson/Courses/so11/stratification/income&wealth.htm What exactly is the heritage anyhow? I take it then you have found work and are no longer unemployed? |
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Vid number two talks about Lloyd Blankfein CEO of Goldman Sachs net wealth 433 million. As you recall Goldman Sachs contributed to the financial crisis Goldman Sachs got 24 billion in the bailout and a staggering 814 billion in aid from the fed. There is a Global Financial Crisis and Goldman Sachs are Central to that. Goldman Sachs were involved in trying to destabilize The Euro also IMO. Question....Who Benefits from Goldman Sachs actions? |
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Edited by
Chazster
on
Thu 03/01/12 08:36 AM
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You can choose to be misinformed thats your own choice. I would suggest you actually look at the real facts from the IRS as apposed to some propaganda video focusing on a minority. The top 10% of earners carry 70% of the tax burden while the bottom 50% carry 3% of the tax burden. Truth hurts doesn't it? As a single 27 year old in the top 25% I face a heavy tax burden and it will only increase as I get older while moving towards the 10% mark. http://www.heritage.org/budgetchartbook/top10-percent-income-earners These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3% of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. http://www.faculty.fairfield.edu/faculty/hodgson/Courses/so11/stratification/income&wealth.htm What exactly is the heritage anyhow? I take it then you have found work and are no longer unemployed? For one the source you listed makes up a chart that they say is "suggested" by this 1 source. That one source only pertains to changes in wealth not who controls wealth and only pertains to people who took part in the survey. Pretty sure that isn't very reliable where my source is the IRS and total taxes for the whole country. Let's take this a step further and ask why would you tax assets? If I earn the same money as you but I save my money or invest and you blow it on vacations ect I would have more assets then you. Why should I have to pay anything more because I manage money better? You are taxed on income not wealth. |
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Dude why you want to pick on people who make money. ? "As the economy continues to recover, it’s likely that the top 1% of income earners will likely pay an even higher percentage share of overall income taxes than 38%. If things were fair, they would only have to pay 20% of total income taxes since 20% is their share of total income. Alas, the rich pay almost double what they owe. On the flip side, the bottom 50% who earn 12.75% of total earnings only pays a paltry 2.7% in total taxes. Inequality is wrong and we should treat everybody equally. Discrimination is not OK, just because you aren’t being discriminated against. The government should try to fix the imbalance by increasing the breadth of working Americans who pay taxes to 100% so that everybody pitches in. If all working Americans in the bottom 50% paid taxes, the 10% gap in what they should be paying should narrow. It doesn’t makes sense if you are in the bottom 50% who isn’t paying their fair share of taxes to go after the top 50%, let alone the top 1% who are paying way more than their share of income. Trying to squeeze people even more when you’re not paying any taxes, or paying very little is a throwback to tyranny." http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/ just siting my source You can choose to be misinformed thats your own choice. I would suggest you actually look at the real facts from the IRS as apposed to some propaganda video focusing on a minority. The top 10% of earners carry 70% of the tax burden while the bottom 50% carry 3% of the tax burden. Truth hurts doesn't it? As a single 27 year old in the top 25% I face a heavy tax burden and it will only increase as I get older while moving towards the 10% mark. http://www.heritage.org/budgetchartbook/top10-percent-income-earners These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3% of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. http://www.faculty.fairfield.edu/faculty/hodgson/Courses/so11/stratification/income&wealth.htm What exactly is the heritage anyhow? I take it then you have found work and are no longer unemployed? For one the source you listed makes up a chart that they say is "suggested" by this 1 source. That one source only pertains to changes in wealth not who controls wealth and only pertains to people who took part in the survey. Pretty sure that isn't very reliable where my source is the IRS and total taxes for the whole country. I am off for the weekend to Columbus to state wrestling tournement the boy made it now we have to see how far he can go. |
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