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[QUOTE]Originally posted by Jay the Obscure: [QB] [QUOTE]According to the Federal Reserve, in 1990 the richest 1 percent of America owned 40 percent of its wealth -- the greatest level of inequality among all rich nations, and the worst in U.S. history since the Roaring Twenties. Furthermore, the richest 20 percent owned 80 percent of America -- meaning, of course, that the bottom four-fifths of all Americans owned only one fifth of its wealth. Another revealing way of expressing this statistic is that the top 1 percent owned more than the bottom 90 percent combined.[/QUOTE] Oh, yeah, the old pee on my leg and tell me it's raining theory worked just fine. For the very wealthy. [/QB][/QUOTE]
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