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Half Of American Households Hold 1 Percent Of Wealth


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2012 Jul 19, 8:19am   15,254 views  57 comments

by Vicente   ➕follow (1)   💰tip   ignore  

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

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54   PockyClipsNow   2012 Jul 20, 11:04am  

Endless end of world scares have and will continue.

Global Warming is one.

55   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...

HRHMedia says

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

56   freak80   2012 Jul 21, 11:38am  


Why didn't we attack Saudi Arabia? Ah, look at Bush-Saudi connection and all becomes clear.

Fair enough, but invading Saudi Arabia? Yikes! Imagine what the Muslim world would have thought. Saudi is home to the holiest sites in Islam.

57   freak80   2012 Jul 21, 11:40am  

PockyClipsNow says

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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