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Forum Post: Even the 1% seems to agree with OWS

Posted 12 years ago on Oct. 27, 2011, 6:19 p.m. EST by NielsH (212)
This content is user submitted and not an official statement

http://www.huffingtonpost.com/2011/10/27/millionaire-tax-warren-buffett_n_1035763.html

4 Comments

4 Comments


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[-] 1 points by sudoname (1001) from Berkeley, CA 12 years ago

Yeah.. they are smart. More power to them.

I think the richest 1% aren't really the problem. I mean, >$230k/year (or so) doesn't buy a lot of influence, and in some cities, with multiple children, this doesn't even go very far. I'm glad they are waking up to this. As you say, the 1% can be great help to the movement. The bay area (where I am) actually has a LOT of 1%'ers who would be sympathetic.

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[-] 1 points by NielsH (212) 12 years ago

Part of the 1%, even though I have little sympathy for their plight, feel very uncomfortable about the current economic situation. The economy is highly volatile and so is the income of the investor class. The ones making money like bandits are executives at corporations, while investors go through (relatively) rough times.

A people's movement is usually helped by the enlightened self-interest of part of the upper class. Don't forget that FDR was part of that same upper-class, as was Henry Ford.

Of course OWS should remain independent of any big sponsor or spokes person, but it would be smart to show that standing behind OWS's cause is actually in the interest of a large part of the 1% too. No investor wants another bank crash or another Enron scandal.

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[-] 0 points by figero (661) 12 years ago

you are already corrupted by the unions & ACORN, working families party - please lol!

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[-] 0 points by figero (661) 12 years ago

some feel guilty. cant imagine a surgeon making 350K feeling guilty about such ridiculousness. but that's the world we live in

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