The Real Terrorists: The .01%
They consist of 16,000 individuals, about the size of a crowd at a professional basketball game. The inequality horror they’ve fomented is reaching far beyond the half of the American population that is in or near poverty, for it now impacts those well above the median — those in the second highest of four wealth quartiles.
The Financial Terrorism of America
Details of the following statistic are available here at YouDeserveFacts.org.
1. The .01% Have as Much Wealth as 80% of America
The combined net worth of the 16,000 richest Americans is approximately the same as the total wealth of 256,000,000 people.
2. Americans with up to a Quarter-Million Dollars are Part of the Nearly 80% of Americans with Less Wealth Than the .01%
The 80% includes all Americans with a net worth up to about $277,000.
Also from Paul Buchheit:
- 5 Signs of a Dying Society
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