There is some very interesting stuff going on with the Wall Street Rallies lately. The latest theme of these rallies are “We are the 99%”. This draws from the fact that currently 1% of the U.S. population controls about 50% of the total wealth in the country. Due to the high umemployment at a time with correspondingly high bonuses for the super rich (1%) the people are finally starting to realize that something is wrong with the current way our capitalist system is operating.
This 1% number rivals even the medieval serfdom times in the Middle Ages! And given the exodus of middle class jobs and high unemployment the serf mentality seems to also be taking hold. Getting back to the interesting thing as mentioned in the beginning of this post, it seems some of the 1%, or at least those near the 1% are joining the 99%. To the right is a picture of one of those individuals. I’m sure there are many in the “real” 1% who are screaming that “Those are just the spoiled rich kids who don’t appreciate the power that was given to them….” In some ways that is probably true but since a good percentage of the 1% got to where they are by the elimination of the inheritance taxes deemed “death taxes” by the spinners hired by the 1%.
To many in the 1% their wealth is I suspect kind of secondary to them. The accumulation of the money and power is what they are actually addicted to. The money itself doesn’t mean as much as the power. I read somewhere recently about how stressful J.P. Rockefeller II life was due to the pressures of inheriting such tremendous wealth. I’m sure those who are without a job in today’s world and are having trouble putting food on the table or the keeping the bankers from foreclosing on their homes don’t have much simpethy for the “poor stressed rich people”
I certainly celebrate the 1% who are standing with the 99% to put more power to the people. When this condition reached its peak in the 1700s in Europe it resulted in the French Revolution. That was certainly a bloody one for the 1%. I certainly hope that doesn’t happen again but we do need to fix this total inequality before it does.
So, here is to you 1%ers who have a conscience.
But what do I know….