GMontag's Journal: Almost in league with the top 1% EVIL!

According to this article on Ezra's site I am at least in the top 50% of wealth in the world!

The post I made there might be a little off, since neither of my vehicles has a lein, the 'hybrid' Charger is now worth almost twice the price I paid for it, but I do have some unsecured debt. Otherwise, the condo is worth about the amount of mortgages against it.

Now, from the way that people who write stories like this do their math, I am probably near the top evil 1% because, of course, assets count but debt doesn't. Unless they are writing a story about how evil bankers are. Just like revenues count for them, but profit does not, or profit counts but ROI doesn't, etc.

So, although I am not actually rich, I certainly am evil :)

I am in the top 1% ?

[ellem]

Clearly that's bullshit. I'm the poorest person on my block, on my train - I drove a 96 Corolla for Chris'sake!

Re:

[GMontag]

Check the babble on the front page, where a different version of the same thing is posted. We are apparently the only people who are anywhere near that income in the USA, according to annoying thread #1.

I'm having a hard time with this

[banky]

So now I find out my wife and I are part of this super-elite cabal of weath-holders. Awesome.

Just like my dad and grandfather were both Masons. Have I ever gotten a cut of their world-domination proceeds? Have they ever called to ask my opinion on how to rig elections or influence global markets? No.

I swear, there must be some oversight in all this, for I clearly am not wielding the power for which it is asserted I have (I still haven't even won the debate over the new TV yet)

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[GMontag]

My bad. If I had not limited this JE to "no foes" the MarxistHacker, or similar, would be in here telling us how we are stealing everything we have from the people who deserve it (in some incoherant manner, of course).

Of course it is not clear to us, since we are the 'oppressors in denial' or something like that.

Amazing!

[robi2106]

By not being a complete debt ridden idiot I have managed to automatically place myself in the top 1/2 of the richest of the fattest cats of the world! Woo me. By having a paltry $6000 in various checking, saving, brokerage accounts (excluding any retirement accounts) I am not positively rolling in money.

I should be paying midgets to follow me around as servants.

But I'm not because those numbers are a complete waste or the term "study."

jason

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[Bill Dog]

What's evil is that I'm likely going to need to join the richest 1% ($500K), at a minimum, just to be able to retire some day! (In this country.)

I see the numbers are adjusted for currency exchange rates, but IANAEconomist, and don't know that that means they're thereby adjusted for buying power within the respective countries.

A more interesting comparison might be which countries have more people doing alright towards when the day comes that they're too old to work, vs. how many are in trouble. I bet the p

Re:

[GMontag]

IIRC, exchange rates have something to do with what a consumer can buy, but they have much more to do with how much other currency they can buy. It is not about the Chips, it is about the Pounds.

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[GMontag]

I prefer Amazon servants, but taste is to the taseter.

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[robi2106]

doh! I aimed too low when going for the servants.

of course the amazon servants would be better. heck, they could even reach things on the top shelf!

jason

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[ces]

Hey me too! I have more assets than 50% of the world. At one time I was even in the 5% club!

Despite being a total bleeding heart socialist myself I think Ezra makes a complete ass of himself by posting crap like this.

Even the poor in the US are mostly 'wealthy' by world standards. The fact that even homeless people can afford to eat in McDonalds and buy a cup of Starbucks coffee (both considered luxuries in poor countries) proves that.

Relative standingw within a country are far more important in the grand s

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[GMontag]

If you think that post of his was, er, interesting take a look at his work from yesterday!