One of the reasons I started this blog was because of the negative attention that is currently “occupying” (pun intended)our media outlets. With the presidential election occurring this year, I presume the noise level will only increase over the next several months. My hope is that those who read this blog get a deeper understanding of a majority of the 1% and realize that the problem is not with the 1%. It’s not with the 99%. It’s with our government and reckless spending.
Perceptions like this one really get under my skin. In it, the author is stating his case on why he will be joining the 1% in obvious satire and in a patronizing manner. I recommend reading the entire article, but I wanted to highlight a few flaws in his perception:
“The One Percent have fun. They have jobs and money. Or just money, because when you have a lot of money, you don’t need to work.”
“Bought toxic, mortgage-backed derivatives? Don’t worry, your government will bail you out if you’re in the One Percent. Bought a toxic mortgage? It’s your “responsibility,” if you’re in the 99 Percent.”
“The One Percent don’t have school loans or credit card debt. When they get into financial trouble, they get bailed out by the Big Government they claim to hate.”
Those familiar with my story, know that none of this is true in my case. Is there some validity and truth to the article? Sure, but it applies to the ultra wealthy and those in wall street. Mathematically speaking, likely the 0.1%, and those that are in banking/finance, and politics….probably a few hundred to thousand people. My goal and wish is that we don’t get lumped into this group and that the 99% not paint with a broad brush.