The Top 5 Facts About America’s Richest 1%

Discussion in 'Current Events' started by Serlak2007, Oct 11, 2011.

  1. Serlak2007

    Serlak2007 Well-Known Member

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    And some people have audacity to say that people protest because they are high, uneducated idiots, confused by Soros's money and liberal ideas ?! Only complete moron would do nothing when there is such social trend in the country.
     
  2. Phoebe Bump

    Phoebe Bump New Member

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    We don't wanna talk about wealth. Hell, we don't even want to talk about income. They are off the table.

    Signed,
    A Republican
     
  3. SiliconMagician

    SiliconMagician Banned

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    Notice how the top 1% only hold 5% of the nations debt. Do you think that might have something to do with why they are rich in the first place? Perhaps smarter with money than the other 99%?

    There is no such thing as old money in America anymore. Almost everyone in the 1% are self made first or second generation.

    These people earned their success, they didn't screw anyone out of anything.
     
  4. Landru Guide Us

    Landru Guide Us Banned

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    How do you know they earned their success? Are you a mind reader as well as a **********?

    By the way, half of the superwealthy in this country inherited their wealth, so your argument is bogus. But then you really don't care -- it was a disingenuous argument from the start.
     
  5. Iriemon

    Iriemon Well-Known Member Past Donor

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    We obviously need to cut their taxes. We aren't yet a banana republic.
     
  6. Serlak2007

    Serlak2007 Well-Known Member

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    Someone has to give money to those who need money. When I'll be rich I'll have no debt too, all I'll have will be a bunch of debtors.
     
  7. Radio Refugee

    Radio Refugee New Member

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    Far from it. They are layabout greedheads, looking for someone else to blame for their personal failure and someone to pay for their mistakes.

    Read Durant's 9 volume history. There are dozens of societal examples where the cognitive elite gather the most wealth through industry, thrift and ingenuity only to have the looter class destroy them through violence.

    Welcome to the looter class.
     
  8. Radio Refugee

    Radio Refugee New Member

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    Got it. All wrapped up in one sentence.
     
  9. Radio Refugee

    Radio Refugee New Member

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    This is actually a very good thing. Obama would destroy the banana industry.
     
  10. Radio Refugee

    Radio Refugee New Member

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    1. Their capital is responsible for more employment than you can possibly imagine.

    2. They pay more taxes than you can possibly imagine.

    3. They require less government services as a percentage of their tax payments than any other cohort.

    4. None of their wealth was earned by you.

    5. You want most of it.
     
    injest and (deleted member) like this.
  11. conBgone

    conBgone Banned

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    And?
    Your time is up, no matter who THEY are.
     
  12. injest

    injest New Member

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    ROTF!!!

    name ONE revolution, ONE socialist country where there is not a 'ruling class' that hogs up the wealth??

    just one...come on...

    at least in a capitalist system we can have a middle class instead of your dream of a serfdom ruled by a special class (you assume of course that YOU will be one of the 'special' ones...)

    you are wrong.

    and the people pushing this revolution need to remember that once the guillotine went into action, it didn't stop at just their enemies, once unleashed, your head is as likely to land on the block as your enemy.
     
  13. Landru Guide Us

    Landru Guide Us Banned

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    Explain to us how hedgefunds produce jobs. Go into detail and use lots of hand gestures.

    Yep when own virtually all the income producing assets in a country you're going to have income. That's the problem.

    Except for endless foreign wars costing trillions, you're right.

    Half of it wasn't earned by them. It was inherited.

    I thought that's what capitalism was all about?
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    The top 5% only earn 21%
    http://www.census.gov/hhes/www/income/income.html

    And there is not a "pool", if you want to earn more do the things that will get you there.

    The politics of envy is quite ugly.
     
  15. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    From your post:
    Think progress is the brain child of John Podesta.

    More leftist propaganda.
     

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