#90 Ninety-Nine Red Ballons Go By

Occupy Wall Street; the antithesis of the Tea Party.  They claim that they are against Wall Street because 99% of the people are being controlled by 1% of the population.  They claim this 1% include the big business CEO's, head of corporations, escape artists of the tax codes, hypocritical bourgeoisie extremists, and what Obama says are people who make $250,000 or more.  And of course this 1% is backed by the GOP and every conservative.  As with any political pundancy these are exaggerated numbers.

First of all the number of millionaires in this country is more than any other country.  But the percent is not 1%.  It is not 2%.  It is 5% of Americans are millionaires.  If we claimed that $250,000 is the cut-off for these problems we would have to raise the percent to a walloping 15%.

Secondly, who are these people that make over $250,000?  Sure, CEO's and people that own their own business, i.e., the entrepreneur.  But others that are included in this mess are professional sports figures, models, lucky lottery winners, authors, and the biggest number...Hollywood.  Yes, Michael Moore, you fat slothful, gluttonous piece of crap that uses the same capitalistic ways you argue against to make a living, you are one of the top 1%.  Notice though that politicians are not in that group.  But again this is misleading.  One reason why $250,000 was chosen as the cut off is because that is the highest amount that government employees (hmmm...Congress and the President) could make.  But that is just their income.  Most politicians are millionaires.  Most come from wealthy families, because that is how they could afford to run for office in the first place.

Thirdly, where are these people?  Oddly enough the most of the top ten places where millionaires live are in the area located around DC and Democratically controlled states.  http://finance.yahoo.com/real-estate/article/113718/states-most-millionaires-cnbc.  The only exception being Alaska.  The state where most businesses were started by individuals willing to go the extra mile and work for a living.  By shear numbers it doesn't look like the GOP or especially conservatives are the ones who keep backing this 1% up.

This current administration is demonizing and criminalizing those who built this country; small business owners and corporations, both who supply jobs for the people.  The four factors of production are capital, land, labor, and entrepreneurship.  These four things supply jobs for everyone else.  Yes, there are those who will get rich off of others, but it is only because we are stupid enough to keep buying their junk, watching their games, seeing their movies, and voting for them.  We are the problem.  Why don't we occupy Home Street?

The Occupy groups are just, should we say, terrorists groups.  Well, they were allowed to say it about the Tea Party (which again, is not the savior of anything by any means).