The 1%

A second Gilded Age?

The Help — Thu, 27 Oct 2011 14:00:22 +0000

The stats on our financial success keep coming in daily, it’s hard to keep up.

The conclusion: We are doing marvelously.

Admire this graph, which draws on the latest data from the Congressional Budget Office. Notice how our income has grown at a rate of nearly 300 percent since 1979. Three cheers for the 1%!

According to the Huffington Post piece, America is entering a Second Gilded Age.

Us? Joining the ranks of Vanderbilt and Frick, Rockefeller and Carnegie?

Aw shucks, Huff. Now’s that flattery.

NY Times has outed us… not.

The Help — Wed, 26 Oct 2011 14:34:42 +0000

The New York Times reports today that – get this – the 1% is heavily represented in New York!

As if those Occupy folks needed the Times to tell them. As if they aren’t at Wall Street for that very reason. As if most New Yorkers aren’t well accustomed to our leisurely gait around town.

Conclusion: Even those ragamuffins deserve some respect. They may be in the bottom 99%, but they are still people.

Don’t fight us; join us!

The Help — Sun, 23 Oct 2011 18:30:00 +0000

Come to think of it, it’s not a bad idea.

The young folks at BeTheOnePercent.com are taking up the Lockean spirit of individual gain. Their call to arms for the younger generation is expressed in their slogan, “Be the 1%.”

Of course, we would rather they don’t pull any of our friends back into the lower 99. Moreover, it strikes us a bit naive to think that the majority of Americans have any shot at such success given the current social and economic structure of American society. Intro to Sociology at any decent university would have disabused them of such faith. All the same, we take it as a complement.

Sad News for Goldman

The Help — Wed, 19 Oct 2011 11:28:34 +0000

A lot of awful things are happening around the globe, but nothing saddens us more than the recent news about our dear friends at Goldman Sachs. That the firm is reporting losses for the first quarter since the financial collapse is the worst thing you want to hear when you wake up and look out the glass wall of your penthouse over the heights of Manhattan.

We know how hard this must be for you and your families, but we have faith you’ll make it through, just as our grandparents did during the Depression.

Another Bailout?

The Help — Sun, 16 Oct 2011 03:21:24 +0000

More good news:

Former Sec. of Labor Robert Reich was recently quoted saying we might get another bailout if the European market fix doesn’t work out. With any luck, our good friend Mr. Obama will make this one as good as the first! Thanks 99%!

Who knew? Our wildly successful friends

The Help — Sun, 16 Oct 2011 03:16:58 +0000

Nasdaq.com has reported that some of our dearest friends – Bank of America, Wells Fargo & Co., Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan Chase – have assets that together make up 60% of America’s Gross Domestic Product (GDP).

And we thought it was only 50% of the GDP. Congrats to them!

Our Super-Rich Diversity

The Help — Sun, 16 Oct 2011 01:57:25 +0000

Mother Jones tends to do a bit too much muckraking for our tastes, but they have written a delightful piece about who we really are that highlights are diversity.

Reply to Charges: Do we pay the police?

The Help — Sun, 16 Oct 2011 01:39:02 +0000

Recently, the Occupied Wall Street Journal, October 8, 2011, reported that JP Morgan Chase, a prominent member of our club, gave $4.6 million to the New York City Police Foundation. Do we pay the police to protect the interests and assets of the 1%? Of course we do: look at those angry people down on Liberty Plaza! Get a job!

We are the 1%

The Help — Sun, 16 Oct 2011 00:21:35 +0000

It is time to answer Occupy Wall Street with our own Declaration.

Declaration of the 1%

When in the course of human events, there comes a time when 1% of a nation’s citizens, corporations included, must defend themselves against the great masses of the world who are angry because the 1% has so much fun and they don’t. We hold the following truths to be self-evident: that we the wealthiest 1% are entitled to a lot of things, most things really; and among them are life, liberty, and whatever else we like. Get a job!

Signed,

The 1%