one percent
This week's viral video is a must-see. The six-minute "Wealth Inequality in America," released Friday, presents the shocking, true size of the wealth gap in the country.
In a series of animated infographics, the video lends a visual punch to numbers that are hard to wrap one’s head around. The top 1 percent of Americans hold 50 percent of all investments in stocks and bonds, for example – while 80 percent of Americans share a paltry 7 percent of the nation’s wealth.
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There has been a lot of anger levied at the very wealthy since the Occupy movement began back in September. There is no doubt that much of this anger is justified – righteous indignation, if you will.
The ways that people have become extremely wealthy have often been corrupt or immoral, whether or not they are technically "legal." Part of the reason that the Occupy movement sprang up was because people felt that there were different rules for "us and them." People who lost millions of dollars in what was effectively high-stakes gambling were pardoned with little more than a slap on the wrist, while regular families lost everything in a crisis they had no hand in.
As I say, there has been, and still is, much anger. But out of that anger must come something new, something tangible and real.
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"Sarah Palin, Public Speaker." By DonkeyHotey via Wylio (http://bit.ly/vkaaOW)
A new poll out from the Public Religion Research Institute and Religion News Service shows that just about the same number of American’s feel that Occupy Wall Street shares their values as does the Tea Party.
The split comes down partisan lines but is also generational. Eighteen-to-thirty-nine year olds are much more likely to feel that Occupy Wall Street shares their values then does the Tea Party.
What will be of great interest to watch over the coming months is the overlap between concerns of both movements. For example, neither group is a fan of the bank bailout and express an overwhelming feeling that elected officials aren’t responsive or accountable to those who elected them. I’m not arguing they will join forces any time soon, but they still could find a few areas of agreement.
What convinced me that common ground might be possible was another unlikely event, I read a column by Sarah Palin that I liked.