The 1%

Video of the Day – Nicole Miller CEO Tells the Poor in the U.S. to Stop Whining

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The following clip from CNBC of Nicole Miller’s CEO Bud Konheim is absolutely disgusting. Then again, this simply continues the recent trend of wealthy people coming on financial outlets and telling the poor how they are supposed to feel. Rather than me rewriting what I already wrote on this topic, I encourage you to read my … Read more

Gallup Poll: Americans Most Negative on the Nation and Economy in 30 Years

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I guess Americans just haven’t heard of a little something called the stock market.  Isn’t that right Bernanke?  Wasn’t the stock market rally you engineered supposed to make everyone feel all nice and confident?  Well the great middle class squeeze continues, as the stock market is for the 1% what food stamps are for the poor.  They are just strategies to keep these groups apathetic and obedient.  The middle class isn’t buying it though, as is evidenced by this recent Gallup Poll conducted January 7-10, 2013.  From Gallup:

PRINCETON, NJ — U.S. President Barack Obama begins his second term at a time when Americans are as negative about the state of the country and its prospects going forward as they have been in more than three decades. Fewer than four in 10 Americans (39%) rate the current status of the U.S. at the positive end of a zero to 10 scale. This is about the same as in 2010, but it is fewer than have said so at any point since 1979. As they usually are, Americans are more upbeat in their predictions of where the U.S. will be in five years (48% positive), but this is also lower than at any time since 1979.

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