Only 1.4% of free US population in 1860 owned slaves, the era's 1-percenters: The 2020 Census should ask how many they own now

Slate takes The Atlantic to task for not taking the 1% seriously enough

Here in "Actually, the 1 Percent Are Still The Problem".

Actually, the Reagan 1986 tax reform was the problem, but Jordan Weissmann never mentions it.

This despite his wonderful graph of the top 10% over time showing the 1% take-off after the reform. When it becomes easier for the already rich to take high incomes the ordinary way, like everyone else, because of low top marginal rates, less money ends up getting plowed back into productive purposes like it used to before 1986.

We keep believing the myth that "the rich are different than you and me", but they're not. They're as indolent, undisciplined and blinkered as any middle class family leveraged to the hilt which believes it deserves a house a little larger than it can afford, two car payments, the weekly fine dinner out and the expensive annual winter vacation.

The 1% aren't the problem. You will have them always with you, by definition. The problem is human nature, and government's failure to correct for it.

Say what you will about "Christian" belief, previously it at least curbed the 1%'s enthusiasm, with the stick of high marginal income tax rates and the carrot of low long term capital gains taxes.

Obama's Red Diaper Doper Babies Attack Atherton, California, 94027, America's Richest Zipcode

Story here.

Greedy Little Monsters 'Occupy' This City and That, Seeking Forgiveness of Student Loans

In DC, the mostly leftist little monsters closest to the federal feeding trough were more careful to de-emphasize the fascist partnership between the current regime and the banks in hope of getting them to forgive their debts, too, and make the 1-percenters who already pay for almost everything pay for that as well. Stories here and here, and video here.

likes Obama, sees a bailout as reform

can't stay, has to go to class

Which just proves that greed is not the exclusive preserve of the rich and powerful. But cut off the student loan gravy train and the student protesters would be replaced by tens of thousands of unemployed PhDs, college administrators and support personnel from newly closed colleges and universities all across the land, which would be a good first step in improving education in America. 

Some worshippers at the altar of the great god have discovered that the religion is not all it's cracked up to be:

purportedly seen in Wall Street