AuH20
10-16-2011, 09:52 PM
:mad:
http://www.zerohedge.com/news/guest-post-america%E2%80%99s-wealth-defined-society
We should be challenging not only the meaning behind those statistics which are getting all the headlines, but also dig deeper for what other statistics may mean for a more just society. Such statistics are available but unfortunately not properly analyzed or, at the very least, not properly presented. There are very powerful implications to the well-being and justice for the bottom 80 percent of us… not just a majority, but a resounding and truly overwhelming majority… the EIGHTY PERCENT of POOR and POWERLESS in a nation we deem free and democratic, but which unfortunately is neither. Here is what we tend to focus on… how unequal we are relative to The Wealthiest One Percent with three examples cited time and time again:
That the Top 1% owns 40% of the Nation’s Wealth; and,
That the Top 1% end up receiving 24% of the National Income (Take Home Pay); and,
That the Top 1% owns 50% of the nation’s stocks, bonds and mutual funds.
There is another truth, however, which gives a much greater condemnation of our capitalist system, a system which has gone array and makes a mockery of a just society, one which brings out the worst in our citizens, the predatory nature of man, not his compassion.
Shouldn’t that overwhelming part of the population, the bottom 80 percent, be just as angry or upset if told they are joining forces with the only true middle-class, a class which in relative terms is ALMOST THIRTY-TWO TIMES (32X) as wealthy as they are? [The 19% group that follows the top 1% possesses 53% of the Nation’s Wealth; while the bottom 80% only possesses 7% of the Nation’s Wealth.]
Isn’t about time we look at the distribution of wealth in this nation, and realize the iniquity in our system of taxation, for the unworkable and unfair system that it is?
Should it surprise us that the standard of living for most Americans has been declining for years? That more and more Americans lack access to basic necessities such as food and health care? That 19 percent of Americans lack the money to put enough food on the table… while that’s only true with 6 percent of Chinese?
It is the system… a system which unfortunately is endorsed by far more than 1 percent of the population. For America to set on a right course, the movement cannot be solely Occupy Wall Street… it should grow and become Occupy Main Street.
http://www.zerohedge.com/news/guest-post-america%E2%80%99s-wealth-defined-society
We should be challenging not only the meaning behind those statistics which are getting all the headlines, but also dig deeper for what other statistics may mean for a more just society. Such statistics are available but unfortunately not properly analyzed or, at the very least, not properly presented. There are very powerful implications to the well-being and justice for the bottom 80 percent of us… not just a majority, but a resounding and truly overwhelming majority… the EIGHTY PERCENT of POOR and POWERLESS in a nation we deem free and democratic, but which unfortunately is neither. Here is what we tend to focus on… how unequal we are relative to The Wealthiest One Percent with three examples cited time and time again:
That the Top 1% owns 40% of the Nation’s Wealth; and,
That the Top 1% end up receiving 24% of the National Income (Take Home Pay); and,
That the Top 1% owns 50% of the nation’s stocks, bonds and mutual funds.
There is another truth, however, which gives a much greater condemnation of our capitalist system, a system which has gone array and makes a mockery of a just society, one which brings out the worst in our citizens, the predatory nature of man, not his compassion.
Shouldn’t that overwhelming part of the population, the bottom 80 percent, be just as angry or upset if told they are joining forces with the only true middle-class, a class which in relative terms is ALMOST THIRTY-TWO TIMES (32X) as wealthy as they are? [The 19% group that follows the top 1% possesses 53% of the Nation’s Wealth; while the bottom 80% only possesses 7% of the Nation’s Wealth.]
Isn’t about time we look at the distribution of wealth in this nation, and realize the iniquity in our system of taxation, for the unworkable and unfair system that it is?
Should it surprise us that the standard of living for most Americans has been declining for years? That more and more Americans lack access to basic necessities such as food and health care? That 19 percent of Americans lack the money to put enough food on the table… while that’s only true with 6 percent of Chinese?
It is the system… a system which unfortunately is endorsed by far more than 1 percent of the population. For America to set on a right course, the movement cannot be solely Occupy Wall Street… it should grow and become Occupy Main Street.