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Half Of American Households Hold 1 Percent Of Wealth
invite response
2012 Jul 19, 8:19am 15,727 views 57 comments
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resistance
2012 Jul 20, 11:02am
If you ask the Fed, they will tell you that they absolutely must print up great gobs of cash for their friends or the world will end. So it was the only responsible thing to do...
It's a Wonderful excuse, also used to drag us into Iraq when it was really a wacko Saudi who attacked America on 9/11. Why didn't we attack Saudi Arabia? Ah, look at Bush-Saudi connection and all becomes clear.
It will be used many many times in the future. Remember the next time you hear it: "Do what I say, no questions, or world will end."
At this very moment, the remaining Syrian elite are broadcasting that the world will end unless the rebellion is crushed.
PockyClipsNow
2012 Jul 20, 11:04am
Endless end of world scares have and will continue.
Global Warming is one.
xrpb11a
2012 Jul 20, 12:44pm
You really are clueless.
I'm a job creator, and I pay more corporate and personal taxes in one year than you will in a lifetime...
APOCALYPSEFUCK is Shostakovich says
Zero taxes for Job Creators ! They are the CHRIST in our midst !
taxes lol, they pay no taxes, Job Creators are being PAID TO CREATE JOBS they are not creating.
Social Media Guru Since 1999
freak80
2012 Jul 21, 11:40am
Endless end of world scares have and will continue.
Global Warming is one.
A good point, I think. Fear-mongering isn't just on the far-right.
I'm convinced AGW is real. But using scare-tactics just ticks people off...especially when there's a big cold spell or snowstorm. ;-)
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That's the real MEAT of the situation. It's not about as Rick Santelli said, the neighbor next door who got "too much house" one they "didn't deserve" due to a liar loan. That is small change problem that a big shot like Rick shouldn't even stoop for.
In the end, the result of all this is STILL that Richie Rich gets richer, and the poor get poorer.
"The share of the nation's wealth held by the less affluent half of American households dropped precipitously after the financial crisis, to 1.1 percent, according to new calculations by Congress's nonpartisan research service.
By contrast, the share of total net worth held by the weathiest 1 percent of American households continued rising, hitting 34.5 percent in 2010. The top 10 percent's share was 74.5 percent."
http://www.huffingtonpost.com/2012/07/19/households-wealth-american-1-percent_n_1687015.html