Posted 10 years ago on Nov. 22, 2011, 5:57 p.m. EST by jazz
This content is user submitted and not an official statement
Hi every one,
According to the most recent Federal Reserve "Flow of Funds" report, total US household net worth is about $58.5T and according to the census.gov's US Population Clock as of 12:42 EST today, November 8th, 2011, that gets divided by 312,575,092 Americans. But wait! According to widely cited Nobel Laureate Joseph Stiglitz, 42% of that is controlled by the nation's top 1%! 42% of $58.5T is $24.57T divided by 1% of the population, or 3,125,751 Americans, and the average 1%er is worth $7,860,510.96. So the remaining 58% of the wealth is $33.93T and we divide that by the remaining 99% of the population, or specifically 309,449,341 Americans and we get an average net worth of us 99%ers of $109,646.38. I'm just pointing this out to set a target for rich liberals that want to take themselves all the way down to the AVERAGE of the 99%, you know, in solidarity. Now of course, that number is skewed by those at the top of the 99%, but so is that figure for the 1%. We know there are some folks out there with a lot more than the 1%er average of about $7.9M! The top tenth of a percenters! The true beneficiaries of corporatism!
Michael Moore, with a conservatively estimated net worth of $50m and Russell Simmons with a reported net worth of $340m are well above that average 1%er and fall squarely in that 0.1%. They are the VERY problem that the movement they claim to support is protesting, and yet while Fox News gets heckled out of OWS, these two are embraced, and embraced as representatives by the media. But I'm here to help them out. So Michael Moore, Russell Simmons, if either one of you actually decides to voluntarily join those of us in the 99%, I'll move into a tent at OWS and be the last person to leave when it's over. I will go on every march, attend every general assembly, and cover every appearance each of you make there for this YouTube channel.
All you have to do is donate enough of your net worth to charity (and I mean a real charity, actually delivering real aid or comfort of some kind) to put you squarely in the 99%, and I'll do it! You've both enjoyed seeing this become a global movement, so just be glad I'm only asking you to join 99% of AMERICANS, because if we used global numbers, you'd have to give away even more money. How much would it be worth it to you to have a former Republican Congressional candidate join the encampment while clearing your conscience at the same time? But I'll make it even easier for you! You don't have to come down to the average. Keep a million bucks. Keep two! That's probably closer to the cutoff to the top 1% anyway. WAIT! I'll make it EVEN EASIER! JUST COME DOWN TO THE LEVEL OF THE AVERAGE 1%ER! THAT'S RIGHT! You can keep $7,860,510.96 and I'll still do it!
But just for Russell Simmons and Michael Moore, I'll make it EVEN EASIER for you to take me up on this very serious offer. Take just 10% of your net worth, give me half, and give the occupy movement the other half, and I'll camp out for a whole year and cover EVERYTHING. Well, one year or until it's over, whichever comes first.
It's time to put up or shut up. You know what, I'll even extend the offer to anyone in the top tenth of a percent. If you want to donate just half of one tenth of your net worth to AVTM, don't worry, I'll camp out for a year and you don't have to give half of anything to the Occupation Movement. This offer most certainly applies to the ever hypocritical Warren Buffett as well, who should write a check to the IRS, or shut the hell up about raising taxes. If any one of you rich liberals decides to accept my challenge, I'll see you at Zuccotti Park, and then we can debate if this is really about the 99% versus the 1%, or those of you who want to use the force of government to impose their will on others, versus those of us who JUST WANT GOVERNMENT TO LEAVE US ALONE!
Peace, love and light.