The 1% in the USA

[Operational needs]

http://nypost.com/2017/07/10/why-or...-media-in-contempt-all-in-one-hamptons-party/

A short but to the point article. I'm sure their attitude is, let the 99%ers eat cake.

 

[upschuck]

TLDR

 

[upschuck]

As for the part I read, it is a two way street, I don't really care about them, and they don't about me, just wish they'd keep their grubby hands off my stuff.

 

[wkmac]

http://nypost.com/2017/07/10/why-or...-media-in-contempt-all-in-one-hamptons-party/

A short but to the point article. I'm sure their attitude is, let the 99%ers eat cake.

From the article:

"Ivanka Trump and Jared Kushner partied with billionaire Democratic donor George Soros, who rubbed shoulders with billionaire GOP donor David Koch."

As I read this, a monologue from the late George Carlin came to mind.

 

[moreluck]

You do realize that if you count the entire world, the UPS drivers are probably part of the 1%??

 

[Operational needs]

You do realize that if you count the entire world, the UPS drivers are probably part of the 1%??

And?

 

[oldngray]

And?

FedEx drivers aren't?

 

[Operational needs]

From the article:

"Ivanka Trump and Jared Kushner partied with billionaire Democratic donor George Soros, who rubbed shoulders with billionaire GOP donor David Koch."

As I read this, a monologue from the late George Carlin came to mind.

So true then, and still true today.

 

[Operational needs]

FedEx drivers aren't?

In comparison to the majority of the world, maybe. This is about the US though.

 

[wkmac]

You do realize that if you count the entire world, the UPS drivers are probably part of the 1%??

Your argument loses its punch when one understands the difference between metaphor and literalism.

 

[moreluck]

And?

and....when you complain about those rich 1% you are actually talking about yourself.

 

[Operational needs]

and....when you complain about those rich 1% you are actually talking about yourself.

My brain might be overheated, but I'm pretty sure the article talks about American politicians and American media. Don't remember anything in there about the rest of the world.

 

[newfie]

Maybe we can change the title to the .1 percent?

 

[moreluck]

My brain might be overheated, but I'm pretty sure the article talks about American politicians and American media. Don't remember anything in there about the rest of the world.

I wasn't commenting on any article. I was commenting on the "1%" that is thrown around like it only means the uber-rich.

 

[Turdferguson]

and....when you complain about those rich 1% you are actually talking about yourself.

"So what does it take to be part of that 1%? On a national basis, in 2013 you needed a minimum household income of $389,436 to join the club. But the threshold is a lot higher in certain East Coast locales, such as Connecticut ($659,979), Washington, D.C. ($554,719) and New Jersey ($547,737).

The cut off for the 1% is even higher in certain standard metropolitan areas known as refuges for the rich. In the Jackson, Wyoming-Idaho ski resort area the cut-off for the 1% is an impressive $1.65 million. In Bridgeport-Stamford-Norwalk, Connecticut it’s $1.39 million and in Summit Park, Utah the minimum income to be a one percenter is $1.21 million.



The spreads in wealth inequality are just as dramatic. In New York, Connecticut and Wyoming, for example, the top 1% has an average income that is more than 40 times the average incomes of the other 99% in those states. The numbers are more sane in certain parts of the country. For instance, the state where it’s easiest to join the 1% club is New Mexico, where a household income of $231,276 is sufficient."

I don't make anywhere near that.

 

[Brownslave688]

http://nypost.com/2017/07/10/why-or...-media-in-contempt-all-in-one-hamptons-party/

A short but to the point article. I'm sure their attitude is, let the 99%ers eat cake.

This is a bit of a misconception. The 1% isn't really that big of a deal. My wife and I are close to being 1%. In our area we are firmly in the 1% here. The .01% is what everyone really means when they say 1%.

 

[wkmac]

This is a bit of a misconception. The 1% isn't really that big of a deal. My wife and I are close to being 1%. In our area we are firmly in the 1% here. The .01% is what everyone really means when they say 1%.

Thus why the term is more metaphorical. Nobody knocking down an annual income of $750k are going to be in an individual position to sway the levers of power and public policy. Now that income may get them access into larger wealth collectives, thus the socialism of the so called wealth class, and then as a collective they gain some manner of influence but the real players are way up the food chain. Most cases they buy politicians on both sides thus why campaign promises are never kept. The real owners, that metaphorical 1%, won't allow real change.

The great early 20th century anarchist Emma Goldman once said, "if elections changed anything, elections would be outlawed." 100 years later Emma was spot on.

The biggest worry of this privileged political class is should the rest of us outside their "Big Club" who realize we're getting screwed over ever stop fighting among ourselves, realize the real enemy and then build our own structures that by pass their rigged game. Should that ever happen, game over.

 

[bbsam]

As for the part I read, it is a two way street, I don't really care about them, and they don't about me, just wish they'd keep their grubby hands off my stuff.

Strange you should say that. In one way or another they have convinced themselves that you don't have stuff. It ALL belongs to them.

 

[Catatonic]

http://nypost.com/2017/07/10/why-or...-media-in-contempt-all-in-one-hamptons-party/

A short but to the point article. I'm sure their attitude is, let the 99%ers eat cake.

Good article Toons!
I contended for 40 years that the divide in American is class distinction.
Start taxing wealth and get that money/value in circulation to the working class.

 

[upschuck]

Strange you should say that. In one way or another they have convinced themselves that you don't have stuff. It ALL belongs to them.

In reality some things we buy are not.