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Old 12-10-2013, 12:48 PM
 
38,086 posts, read 19,112,717 times
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Get to know the 1% that liberals hate.

they feel like galley slaves. Their lives are fifty shades of bondage to discipline. What is their number one worry? Money, naturally.

Even if we climb over the razor wire into top half of the 1% we still donít get the key to the Playboy Club. Youíre not rich in the Hollywood sense until you attain the top 1/100th of the 1%, with an annual income of at least $10.2 million. The 99% only know such people through seeing them on television or reading about them in the newspapers. People in the lower dungeons of the 1% do know these people, though, because unfortunately they have to work for them.

Are You Rich Enough? The Terrible Tragedy Of Income Inequality Among The 1% - Forbes
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Old 12-10-2013, 01:05 PM
 
38,086 posts, read 19,112,717 times
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a subset of the truly rich has developed. the left likes to tax income as much as it likes to tax wealth or spending, which deters upward mobility. Still, in the abstract it’s a welcome and necessary flushing of the system, and if, as some research suggests, this ability to rise (or fall) is diminishing, that itself will reshape America.

Per Obama, The 'I' Word Is To Absorb America's Politics - Forbes
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Old 12-10-2013, 01:10 PM
 
22,770 posts, read 25,308,934 times
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Quote:
Originally Posted by petch751 View Post
You’re not rich in the Hollywood sense until you attain the top 1/100th of the 1%, with an annual income of at least $10.2 million.
net worth is what matters. income is just what journalists have more convenient access to in terms of data.
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Old 12-10-2013, 01:15 PM
 
Location: Portland, Oregon
46,054 posts, read 28,429,938 times
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Is this another thread sucking up to your wealthy overlords? I think the one percent is doing just fine in the world, so no I will not weep for them like the OP.
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Old 12-10-2013, 01:37 PM
 
48,519 posts, read 81,350,619 times
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No; its people who are depend and know it on the top producers in the country. They basic know no politician can work magic and make them middle class or above. Others create their own jobs .Both see non-producers as pure consumers.
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Old 12-10-2013, 02:28 PM
 
25,090 posts, read 11,769,024 times
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Quote:
Originally Posted by le roi View Post
net worth is what matters. income is just what journalists have more convenient access to in terms of data.
le roi has got it in one. income isn't what matters anymore, after about 50 mil a year the actual wealth is all in the assets.
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Old 12-10-2013, 02:41 PM
 
22,770 posts, read 25,308,934 times
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Quote:
Originally Posted by greywar View Post
le roi has got it in one. income isn't what matters anymore, after about 50 mil a year the actual wealth is all in the assets.
well, it is just counting the wrong people.

someone who inherited $500 million worth of stock, who has structured their portfolio to yield $70,000 / year of dividend interest , who flies around in corporate jets, is most certainly "in the 1%" -- although according to Forbes, this person is nobody special because of their modest taxable income.

meanwhile, a young surgeon making $500,000 / year, with a negative net worth due to student loans, is considered "in the 1%"

it doesn't make any sense.
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Old 12-10-2013, 02:43 PM
 
Location: Tyler, TX
15,194 posts, read 17,757,474 times
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Quote:
An entry ticket to the 1% starts with an annual income of about $394,000
I'm well on my way... I'll need another revenue stream or two, though. We've been thinking about what we want to do for our next business.

You don't have to wait - you can start hating me now, for doing nothing more than making more money than you. That's what you're going to do anyway. You could take control of your destiny and do something about it, but it's much easier (and politically advantageous for those you serve) to simply hate, with no plans to change your lot in life.
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Old 12-10-2013, 02:45 PM
 
22,770 posts, read 25,308,934 times
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Quote:
Originally Posted by swagger View Post
I'm well on my way... I'll need another revenue stream or two, though. We've been thinking about what we want to do for our next business.

You don't have to wait - you can start hating me now, for doing nothing more than making more money than you. That's what you're going to do anyway. You could take control of your destiny and do something about it, but it's much easier (and politically advantageous for those you serve) to simply hate, with no plans to change your lot in life.
ha, don't flatter yourself.
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Old 12-10-2013, 03:07 PM
 
4,414 posts, read 3,239,674 times
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Quote:
Originally Posted by petch751 View Post
Their lives are fifty shades of bondage to discipline. .
Come on, this is too good to not be satire.
My Poe's Law detection meter just exploded.
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