Monday, May 14, 2007

Millionaires and the top 1%

I just read a depressing article about "pentamillionaires," or those individuals who have more than $5 million in revenue, investments and property.

It can be summarized best by: "To enter the nation's top 1%, you need more than $5 million. And if you get there, you'll have plenty of newly-arrived company: The number of U.S. "pentamillionaires" has quadrupled in the past 10 years, to more than 930,000."

I think America is seriously in trouble, as major network news sources seem to care more about these pentamillionaires and their "troubles and successes" and the reasoning for it rather than the tens of millions of impoverished workers trying desparately to get out of the isolating and violent cycle of poverty...

It's just so upsetting. I don't even think I can vocalize this feeling, other than by saying "we're fucked."

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