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Who is top 'one percent' in US? Sat Oct 22, 2011 7:27PM
Press TV ^ | Sat Oct 22, 2011 7:27PM | Staff

Posted on 10/22/2011 1:18:30 PM PDT by Cardhu

Anti-corporatism protesters across the United States are not satisfied with the econoimc situation, saying that only one percent of the country's population has the nation's wealth.

Among the top one percent category are the following:

Warren Buffett...................USD 39 billion (Berkshire Hathaway)
Charles Koch.....................USD 25 billion (Koch Industries Inc)
George Soros.....................USD 22 billion (Soros Fund Management)
Sheldon Adelson................USD 21.5 billion (Las Vegas Sands Corp)
Michael Bloomberg.............USD 19.5 billion (Bloomberg L.P)
John Paulson......................USD 15.5 billion (Paulson & Co)
Carl Icahn............................USD 13 billion (Viacom)
Anne Cox Chambers.................USD 12 billion (Cox Enterprises)
Ronald Perelman.......................USD 12 billion (MacAndrews & Forces Holdings Inc)
Abigail Johnson.....................USD 11.7 billion (Fidelity Investments)

But the list of the rich is longer than just a few names. Many believe there are a number of less publicized tycoons who have amassed an absolute fortune and like other corporations they were unaffected by economic fluctuations such as the 2008 recession and the costly wars in Iraq and Afghanistan have not had any substantial bearing on their political and economic prowess.

Nearly 2,000 people have been arrested across the US simply for participating in peaceful protests against top level corruption.

Protesters blame Wall Street and big corporations for their country's deepening crisis, saying they have had enough of capitalism and want an end to economic inequality.

Protesters say they represent 99 percent of Americans mainly the middle class.

"What I would say is that people are incredibly eager to put questions of economic inequality back on the table in a way that is acceptable to the 99 percent of the American people," one protester said.

Protesters believe that their lives have been negatively affected by the one percent of Americans who have accumulated huge wealth by means of corporatism.

They also ask why only one percent of the population of over 300 million should pocket almost 40 percent of the nation's wealth as the one percent rich own half of America's stocks and bonds.


TOPICS: Extended News; News/Current Events
KEYWORDS: buffett; soros; top1

1 posted on 10/22/2011 1:18:34 PM PDT by Cardhu
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To: Cardhu

Next year...I’m cracking the top 1,000,000.


2 posted on 10/22/2011 1:23:51 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Drango
Next year...I’m cracking the top 1,000,000.

You lucky dog... do you want to hear a hard luck story? :)

3 posted on 10/22/2011 1:26:41 PM PDT by Cardhu
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To: Cardhu

Soros’ New Plan: The Phoenix Group
Wed Apr 20, 2005

At a highly secretive meeting of “progressives” in Scottsdale, Arizona, George Soros began laying long-term plans to use his vast wealth to tilt US politics to the far left: Soros says be patient. (snip)

http://littlegreenfootballs.com/weblog/?entry=15536_Soros_New_Plan-_The_Phoenix_Group&only=yes


4 posted on 10/22/2011 1:28:46 PM PDT by donna (This is what happens when America is no longer a Christian nation.)
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Where Would You Go Without FR?


Click The Pic

Become A Monthly Donor And Never Be A Lonely Conservative Again

5 posted on 10/22/2011 1:30:33 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Cardhu

Consider the source: Press TV is the Iranian state television network. You know, the country that wants to obliterate Israel, took our embassy hostage, supplies terrorists with weapons, etc.


6 posted on 10/22/2011 1:32:29 PM PDT by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: 2ndDivisionVet

Duh!


7 posted on 10/22/2011 1:34:10 PM PDT by Cardhu
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To: Cardhu
As long as we insist on having a society there is always going to be someone that can be accused of being a 1%...usually by someone who covets what the accused possesses.
8 posted on 10/22/2011 1:50:48 PM PDT by crazyhorse691 (Obama is just the symptom of what is destroying the U.S.)
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To: Cardhu

Nearly 2,000 people have been arrested across the US simply for participating in peaceful protests against top level corruption.

They were arrested for breaking the law not for simply peacefully protesting. What a load of crap!!


9 posted on 10/22/2011 3:01:18 PM PDT by vicar7 ("Polls are for strippers and cross-country skiers" Sarah Palin)
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To: Cardhu

To find top-level corruption go to the White House!


10 posted on 10/22/2011 3:04:26 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Cardhu

Other than Soros, I see a lot of people there who employ a LOT of people and create goods and services others freely choose to purchase.


11 posted on 10/22/2011 3:11:07 PM PDT by mnehring
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To: Cardhu

I was running the numbers in my head, and I really wonder what the income of those people at the bottom of the “1%” is compared to the average household income. Is there a list somewhere of these 3 million people who are to blame? What if there WAS a list - do these protesters actually plan to physically force 3 million people to give up their assets for re-distribution by the fools in Zuccoti Park? I’ve also got a question for these folks — what about their drug dealer friends? Obviously THEY have lots of money, too... Only they don’t pay taxes, and there is no record of how much they have. I’d LOVE to see these fools go after some of THOSE people — the cartel runners who have MILLIONS, but CAN’T pay taxes, or they’d be in jail! LOL


12 posted on 10/22/2011 3:20:56 PM PDT by LibertyRocks
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To: Cardhu
Protesters believe that their lives have been negatively affected by the one percent of Americans who have accumulated huge wealth by means of corporatism.

They're wrong. The 1% always wants to keep their wealth, or make more, so they invest in businesses that will provide for that. Those businesses hire people to work for them, thus providing an income to people in lower tax brackets.

There are many others who might have wanted to start businesses so that they could build their own wealth, unfortunately, the liberals, over the last 30 years, have made it more difficult for businesses to get started, and remain competitive.

The protesters should be in DC, in front of the White House and Congress, because in those two places are those who caused the slow-down in the economy, the collapse of the housing market, and the lack of well paid jobs.

13 posted on 10/22/2011 3:48:09 PM PDT by SuziQ
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To: Cardhu
What people are in the top 1%?
Just over 3,120,000 of them.
14 posted on 10/22/2011 4:22:37 PM PDT by reg45 (I'm not angry that Lincoln freed the slaves. I'm angry that Franklin Roosevelt bought them back.)
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To: Cardhu

Those OWS creeps don’t represent me at all.


15 posted on 10/22/2011 4:45:28 PM PDT by MEG33 (God Bless Our Military Men And Women)
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To: Cardhu

Forbes:

400 Billionaires

http://www.forbes.com/forbes-400/

No doubt there are a few beneath the radar. There is one in my hometown.


16 posted on 10/22/2011 6:06:44 PM PDT by LucyT
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