smtha
Marseille et moi: tekiffe.tumblr.com
beepbeeprobot:

markcoatney:

In which a former intern does me proud.

But the thing is, she’s probably NOT the 1%.
Being the 1% doesn’t mean you’re employed, or that you’re not completely underwater in debt.  The average 1% makes almost one million dollars a year; you have to make at least $343,927 a year to be a part [reference].  That is their income.  Not holdings, not liquid assets, not stocks: income, from a job and capital gains and whatnot.  Having a job that pays you $150,000 a year or even having a trust fund that you could live off of means you still probably make $100,000 too few to be part of the 1%.
Look, the solidarity is good and important, but the vast majority of people who say “I am the 1%” aren’t.  And that betrays a fundamental misunderstanding of what the OWS movement—and our current economy—is about.

Agreed. 
  1. beepbeeprobot:

    markcoatney:

    In which a former intern does me proud.

    But the thing is, she’s probably NOT the 1%.

    Being the 1% doesn’t mean you’re employed, or that you’re not completely underwater in debt.  The average 1% makes almost one million dollars a year; you have to make at least $343,927 a year to be a part [reference].  That is their income.  Not holdings, not liquid assets, not stocks: income, from a job and capital gains and whatnot.  Having a job that pays you $150,000 a year or even having a trust fund that you could live off of means you still probably make $100,000 too few to be part of the 1%.

    Look, the solidarity is good and important, but the vast majority of people who say “I am the 1%” aren’t.  And that betrays a fundamental misunderstanding of what the OWS movement—and our current economy—is about.

    Agreed. 

  1. 134 notesTimestamp: Thursday 2011/12/29 12:21:08Via: i-built-the-shadows-hereSource: westandwiththe99percent
  1. dailybenjamin reblogged this from newsweek
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  7. mafiosa reblogged this from i-built-the-shadows-here and added:
    Agreed.
  8. dansolomon reblogged this from i-built-the-shadows-here and added:
    This is an important point. “The 99%” was such a smart name to use because it encompasses just about everyone. That’s...
  9. oddbodkins reblogged this from newsweek and added:
    Hey, thanks for standing with so many others. No need to use your wealth and probable influence to do anything better;...
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  11. Betsy! submitted this to westandwiththe99percent