[THE FACT IS THAT THEY ARE THE SCUM OF TE EARTH; THEY ARE THE ONES THAT GOD CONDEMNS IN THE BIBLE; THEY ARE THE VAMPIRES FEEDING ON THE BLOOD OF HUMANITY.
THE FACT IS, THEY ARE THE LOWEST LOW-LIFES IN EXISTENCE!]
The filthiest fact is that Congress wants to cut the food benefit to hungry Americans, almost half of them children, so that money can keep flowing to the top.
First of all, who are they? Mostly the 1%. But the top 2-5% have also done quite well, increasing their inflation-adjusted wealth by 75 percent from 1983 to 2009 while average wealth went down for 80 percent of American households. The rest of the top 20% have been prosperous, realizing a 32 percent gain in inflation-adjusted wealth since 1983. The facts to follow are primarily about the richest 1%, with occasional dips into the groups scrambling to make it to the top.
1. Accumulating almost all the wealth
As evidence of the extremes between the very rich and the rest of us, the average household net worth for the top 1% in 2009 was almost $14 million, while the average household net worth for the bottom 47% was almost ZERO. For nearly half of America, average debt is about the same as average asset ownership.
The extremes are just as filthy at the global level. The richest 300 persons on earth (about a third of them in the U.S.) have more money than the poorest 3 billion people. Out of all developed and undeveloped countries with at least a quarter-million adults, the U.S. has the 4th-highest degree of wealth inequality in the world, trailing only Russia, Ukraine, and Lebanon. ...
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