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Old June 30th 08, 08:33 PM posted to rec.radio.shortwave
Cato Cato is offline
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First recorded activity by RadioBanter: Dec 2006
Posts: 210
Default Who Owns America's Wealth?

On Jun 28, 11:58*am, Dave wrote:
D Peter Maus wrote:
Dave wrote:
D Peter Maus wrote:
Tex wrote:
The top 10% own 72% of the wealth.


The rest of the 90% own 28% of the wealth.


The top 1% owns 37% of the wealth.


1% of Americans own more wealth than the entire 90% of the rest of
Americans (37% vs. 28%).


Source: The Federal Reserve


Whens the last time a rich person did anything for you? Yeah me
neither.


* The top 1% pay over a third, 34.27% of all income taxes. (Up from
2003: 33.71%)


The top 1% own 53% of the stock market.


* So, what? One person on my block owns 80% of all the real estate.


* Ownership isn't a crime.


* Do the work, you can own something, too.


The working stiff is getting from both ends. *Buying power down,
exposure way up. *Risk has been transferred from capital to labor. *That
is perverse and marks a nation on the brink of disaster. *Tax cuts for
the wealthy are actually loans that the middle class will have to repay.
We are in the middle of a class war that Ronald Reagan started. *You my
friend are on the wrong side.- Hide quoted text -

- Show quoted text -


Welcome back the 1930's Great Depression that hit North America and
Europe so hard... Let's ride the rails boys..
Grow our vegetable gardens on empty plots of land somewhere......
For those lucky to have a small shack... make sure you have your
canning supplies... learn how to make your own soap like great grandma
did....mend your own clothes...you can do amazing things with needle
and thread...
We have our hybrid rechargeable batteries and solar chargers ready
for our radios and flashlights... water filters and purifiers...
rifles and ammo....camping supplies.....
Get ready folks..... THE **** IS GOING TO HIT THE FAN AGAIN. ..
Ten or twenty year depression... and a big war to to solve the
problem...

Actually I liked Ronald Reagan of the U.S.... and his good friend
Margarate Thatcher of Britain. A great pair of good folks.
The two of them made things difficult for the U.S.S.R. and in the
case of Margarate Thatcher of Britain... Argentina as well....
Remember the Falkland Islands and the Iron Lady.