How Many Of You Are "One Percenters"

WTF's Avatar
  • WTF
  • 11-05-2011, 06:16 PM
......is it just rich conservatives? Originally Posted by Marshall
Hey Marshall, WDF here! I know you didn't ask me but let me say it is just rich conservatives we hate!
Hey Marshall, WDF here! I know you didn't ask me but let me say it is just rich conservatives we hate!

I know..............




BTW: How did you like Nina?
I B Hankering's Avatar
Jackie is not rich but he wants to act like it. The rich throw you/us a bone Jackie and you get to scrap off the leftovers


http://sociology.ucsc.edu/whorulesam...er/wealth.html


Wealth, Income, and Power

by G. William Domhoff


This document presents details on the wealth and income distributions in the United States, and explains how we use these two distributions as power indicators.
Some of the information may come as a surprise to many people. In fact, I know it will be a surprise and then some, because of a recent study (Norton & Ariely, 2010) showing that most Americans (high income or low income, female or male, young or old, Republican or Democrat) have no idea just how concentrated the wealth distribution actually is. More on that a bit later.
As far as the income distribution, the most striking numbers on income inequality will come last, showing the dramatic change in the ratio of the average CEO's paycheck to that of the average factory worker over the past 40 years. Originally Posted by WTF
I'm going to read the article more thoroughly, probably tomorrow. I read enough to see that real estate is a large part of how wealth is evaluated in the study, and that the bottom 99% have suffered a 36% decline in wealth in the last decade. No doubt, a large portion of the decline in wealth for the bottom 99% is due to the housing bubble bursting. But the reality is that that market was artificially stimulated, and those houses were really never worth what they were selling for. It was a bubble.

Now as to the 0.1%, it seems they've always been there: George Washington, John Jacob Astor, Cornelius Vanderbilt, John D. Rockefeller, etc. And it's hard to believe that the gap today is worse than it was 100 years ago, but like I said, I'll read the article more thoroughly tomorrow when there is no SEC football.
  • MrGiz
  • 11-05-2011, 06:36 PM
Okay..... fuck all this crap..... it's time for some FOOTBALL!!

GEAUX TIGERS ! !
I B Hankering's Avatar
Okay..... fuck all this crap..... it's time for some FOOTBALL!!

GEAUX TIGERS ! ! Originally Posted by MrGiz
+1
What matters to me is the present and the future.
And to keep myself educated, what I have to do every weekend is study the world's currency charts, the fundamental analysis of the world economy as a whole and some countries in particular. The money flow, the economical and political influence on that money flow. The possibilities of Government and sometimes even corporate or private interventions. Technical, fundamental and sentimental analysis of everything related, and correlation / inverted correlation between everything that I come across. And all that just to be prepared for next weeks challenges.

As far as history goes, although I think it is interesting, I really don't have the time to study it in depth.

D'Rufus, a currency trader? Really? I'd imagine one would have to be smarter, more informed and have better judgment than you to be successful at that..........
Okay..... fuck all this crap..... it's time for some FOOTBALL!!

GEAUX TIGERS ! ! Originally Posted by MrGiz
Haha, I hear ya on that one. Two undefeated teams. It's going to be a good one.
I wonder if the "most hated man in Lousianna" is pondering his fate.
dilbert firestorm's Avatar
I have worked in every shithole corner on six of the seven continents.... trust me... Originally Posted by MrGiz

I take it that you haven't been to Antarctica lately.
dilbert firestorm's Avatar
Hence, you're admitting your pompous statement: stemmed from your lack of education - ignorance - on the matter.


BTW . . .
. . . wasn't it the Dutch who introduced the slave trade to North America? Originally Posted by I B Hankering
may have been the Dutch, but I think the Spanish conquistadors were first tho.
  • MrGiz
  • 11-05-2011, 10:58 PM
I take it that you haven't been to Antarctica lately. Originally Posted by dilbert firestorm
Nope.... but I would LUV to go someday!!

Guess it's on my bucket list.
I B Hankering's Avatar
may have been the Dutch, but I think the Spanish conquistadors were first tho. Originally Posted by dilbert firestorm
The Spanish brought slaves, with Estevanico the Moor being one of the more famous. But it was the Dutch who introduced the "slave trade" to the thirteen colonies in 1619. http://www.geheugenvannederland.nl/h.../tentoon3.html

GEAUX TIGERS ! !
WTF's Avatar
  • WTF
  • 11-05-2011, 11:30 PM

GEAUX TIGERS ! ! Originally Posted by I B Hankering
I had them +4.5 and straight up for a 5k plus win. Today , I am a 1%'er! LOL


Those Tigers have been very good to me this year.
I B Hankering's Avatar
I had them +4.5 and straight up for a 5k plus win. Today , I am a 1%'er! LOL


Those Tigers have been very good to me this year. Originally Posted by WTF
Good!
dilbert firestorm's Avatar
I had them +4.5 and straight up for a 5k plus win. Today , I am a 1%'er! LOL


Those Tigers have been very good to me this year. Originally Posted by WTF
on the betting line?