Today I need to apologize. I need to humbly...oh, so humbly...beg for forgiveness. I mean, beg. Because, you see, I've said something really foolish and utterly wrong.
Here it is: as you know, I've been writing a lot about how America is now basically owned by and governed for about 2% of the population, the "mega-rich" who got Ronald Reagan & Co. to transfer vast amounts of the nation's wealth from us to them.
Well, I'm wrong.
I've looked at the numbers and discovered that it isn't 2%. It is more like 1%.
That's right. About 1% of Americans own pretty much everything. (Here's a site you can go to see some of the numbers in question http://www.stateofworkingamerica.org/. And while you're cursing... I mean, cruising, look at this column by Nicholas Kristof in the New York Times, http://www.nytimes.com/2010/11/18/opinion/18kristof.html?_r=1&nl=todaysheadlines&emc=a212).
So, to the top 1%...the mega-bankers and mega-lawyers and mega-CEOs who have vacuumed every penny out of the public's pocket...the Wall Street Brokers who "broke" the economy and then used bail-out money to give themselves obscene bonuses...the Off-Shorers and Out-Sourcers who plunged us into a "post-industrial, service-based economy" of mass unemployment and national decline...
I'm sorry.
I'm terribly, terribly sorry I grossly underestimated just how rare and strange you are.
Can you ever forgive me?
Posts
The Rumblings Abdominal
6 years ago
