lies, damned lies, and..........

[topspin]

So sparky your rich, are you so smart that others can't duplicate. Child please

 

[sjay]

I'll give you ten to one sparky's not rich,talkin ipo's is just that all talk.If he was rich he'd be doing not pretending ,probably lives in some trailer or shack in some tiny town because big cities and big business scare him.He just sits around glooming and dooming just like he does here.

 

[rikules]

statistics

have at 'em........

83 percent of all U.S. stocks are in the hands of 1 percent of the people.
Controlling the wealth of America ? top 1 percent control 83 percent of U.S. stocks. As a share of personal income mortgage debt ate up 19 percent in 1949. In 2003 it went up to 85 percent. 80 percent of Americans 65 years and older depend on Socia



61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
News Headlines




66% of the income growth between 2001 and 2007 went to the top 1% of all Americans.

The United States bubble economy and lessons from Japan | Harvard Magazine Jul-Aug 2010



36 percent of Americans say that they don't contribute anything to retirement savings.

News Headlines


A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
Most Americans still unprepared for retirement - survey - Mar. 9, 2010



24% of American workers say that they have postponed their planned retirement age in the past year
Most Americans still unprepared for retirement - survey - Mar. 9, 2010


Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008
1.41 Million Americans Filed for Personal Bankruptcies in 2009 a jump of 32 Percent from 2008. More and More Average Americans Resorting to Bankruptcy even with Tougher Rules to File.

Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975
Are the Rich Getting Richer? The Data Say Yes - DailyFinance


For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together

Read http://endoftheamericandream.com/archives/living-the-dream-what-do-you-own-reallymore:


In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one
America's Race To The Bottom | The Smirking Chimp



As of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.

Are the Rich Getting Richer? The Data Say Yes - DailyFinance




The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

*Finance 101: Blame the Poor***** : Information Clearing House -* ICH


Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.

N.Y. comptroller: Wall St. bonuses up 17% - Washington Times




In the United States, the average federal worker now earns 60% MORE than the average worker in the private sector
Government jobs: Bloated pay, benefits cost us all - USATODAY.com



The top 1% of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago
Extra: Rich getting richer faster - MSN Money

In America today, the average time needed to find a job has risen to a record 35.2 weeks.
With the US trapped in depression, this really is starting to feel like 1932 - Telegraph


More than 40% of Americans who actually are employed are now working in service jobs, which are often very low paying

Wal-Mart sales suggest the economy is still shaky - May. 20, 2010

For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011


More than 40m now use food stamps - The Boston Globe

This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour


Bangladesh: Factory fire kills 21 garment workers | Workers & Labor |Axisoflogic.com

Despite the financial crisis, the number of millionaires in the United States rose a whopping 16 percent to 7.8 million in 2009

U.S. millionaire ranks up 16 percent last year | Reuters

Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years

Children's quality of life declining, says report - CNN.com

The top 10% of Americans now earn around 50% of our national income


Emmanuel Saez's Home Page


18 States face austerity cuts

46 States Facing Greek-Like Budget Crisis

~S~

"The top 10% of Americans now earn around 50% of our national income"

I imagine that even this statement is a misrepresentation of the awful truth

if the top 10% earn 50%
I would not be surprised be surprised to find that the top 1% earn 90%...or 95%....

 

[AVG-JOE]

statistics

have at 'em........

>snip for space<

~S~

"The top 10% of Americans now earn around 50% of our national income"

I imagine that even this statement is a misrepresentation of the awful truth

if the top 10% earn 50%
I would not be surprised be surprised to find that the top 1% earn 90%...or 95%....

The top 10% earning 50% of the national income is believable for the here and now...

Another truth to make you feel lucky is that if you live in America and have been here since 1990, you are among the top 25% of the planetary income bracket for that stretch of time on Earth. You're also in the top 1% for overall standards of living if you consider our entire short, miserable, beautiful, wonderful history.

America has been a tremendously successful experiment that generated immense wealth in spite of and because of our laws and community ideas as much as the organization and industry that exploited the abundant resources that were here for the taking.

Would the world be different if Europe had found America 1000 years earlier? How about 500 years later? What would the world be like if Columbus had met a hurricane?

Timing certainly facilitated technology - almost as much as the carbon fuels of the last 300 years - Will the 'Carbon Fuels Age' be a blip on human history like the 'Iron Age' was? It certainly has made life in the here and now different than anything our ancestors, even only 5 generations ago, would understand.

Christopher Columbus with GPS...?