Wednesday, November 9, 2011

OCCUPY WALL STREET: THE 53%

As the battle rages between the so-called "99%" and "1%", a percentage not accounted for seem to be the  53%.  The "53%" are made of the struggling Americans who some have overcame their respective adversity (most still have a long ways to go) and still pay federal taxes.  Their position concerns one that suggests those who embody the 99% are ones who complain of the corporate greed present in the 1%, yet aren't achieving anything by taking time off from work to "sit in a drum circle".

OCCUPY WALL STREET: THE 1%

As the "99%" rage in the streets of Wall Street New York City, NY, those who look down upon them (quite literally) embody the "1%" of Americans who hold the highest amount of annual income in the United States.  Bruised and battered by the liberal media, these "1%" have been called everything, from greedy to members of high power organizations (see Illuminati ).  Many of the "1%" rely on a simple economic formula for an answer to their so called greed that is embedded in the United States for centuries: capitalism.  As the basic rules or capitalism suggest the money you earn is the money you keep, many of the 1 percent wonder why the 99 percent are entitled to government bailouts in the first place.

OCCUPY WALLSTREET; THE 99%

During the past months of 2011, Occupy Wall Street has raised important questions regarding the major gap between the wealthy and poor in the United States.  Dubbed as "the 99%", many Americans that don't make up the top three million Americans with the most amount of income are protesting on Wall Street, New York City in their disgust with the disparity in numbers regarding the average American's income in comparison to the "1%'s" annual income.  Many believe that the movement is one that is integral to vision of American Capitalism (http://www.forbes.com/sites/kylesmith/2011/11/08/for-the-good-of-capitalism-dont-end-occupy-wall-street/).  Many points made by the 99% concern the level of Americans that are below the poverty line and the amount of welfare that is given out by the government.  It is argued that this system is one that creates a perpetual loop of content fiscally by the one receiving the welfare check, therefore serving as an impediment for one's self to strive for a better life.