The Myth of the 1%

We hear a lot about the 1%. We are told that they are in control of the USA. It’s not true.

There are over 300 000 000 Americans. 1% would put 3 million people in control.
It’s not very likely that so many cooks are stirring the imperial stew. If we take half of 1% of 1% of the 1%ers we get down to about 250 billionaires. Still a lot of people to be holding the strings to the great puppet show, but it’s probably doable. The top 10 richest people alone can stuff $600 000 000 000 into their collective piggy bank.

$600 billion! That’s the equivalent of $1 bills stacked 60 000 km high! You couldn’t climb to heaven on that tower of bucks, but you could certainly feel godlike. And, if you were so inclined, you could feed the world’s hungry and house all the homeless with a couple of percent of your vast fortune and still manage to scrape by on the billions you had left.

If you were so inclined. Unfortunately, people with that much money have one and only one inclination. They are locked into increasing their wealth. That’s the way money works. You and I would act in the same way if we were inflicted with that much wealth. Follow the money and witness how the billionaires are increasing their fortunes with billions yearly while billions of people grow poorer and poorer, nature grows sicker and sicker—its environmental fever growing hotter and hotter—while the future grows dimmer and dimmer.

Instead of investing a little percent of their wealth in people, the 1% of 1% of the 1%ers can afford 1000s of millions of dollars to inform everyone that this is the way things should be and not to worry because the 3 million 1%ers working for them will take care of us and solve all of our problems. With so many ”informative” dollars it’s not surprising that so many people believe the myths despite reality claiming the opposite.

*

“The people in control are out of control.”
Dartwill Aquila

*

*