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Thread: I am the 1%

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    Guns Network Lifetime Membership 01/2011 old Grump's Avatar

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    I am the 1%



    Posted by Wayne Root on November 28, 2011


    By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee

    I am the 1%. I am a S.O.B. (son of a butcher). I started out with nothing. I was raised in a blue-collar dead end town on the Bronx borderline. Today I live the American Dream. My story is the story of the 1%.

    The fake story meant to deceive you is that the 1% is Bill Gates, Donald Trump, Warren Buffett, Senator John Kerry, or Arianna Huffington. Gates was born to a family that owned the biggest bank in the Northwest. Trump was born to a billionaire father, the largest landlord in Brooklyn and Queens. Buffett’s father was a well-connected Congressman. Arianna Huffington and John Kerry married into fortunes. They aren’t the 1%. They’re the lucky sperm club.

    99% of the 1% are just like me- small businessmen and women who started from humble origins and earned their money the old fashioned way. Our “overnight success” came from 25 years of hard work, risking everything, and overcoming failure. Many of us are struggling, but will forever keep striving for the American Dream.

    I am sick of being denigrated and misrepresented by the media and leftist politicians who are purposely misleading the public about the 1%.
    I am sick of Obama targeting, vilifying, demonizing, and punishing us for our success. I am sick of the class warfare, jealousy, and envy that Obama’s socialist cabal tries to foment among the masses. The public has been told lies about the 1%.

    My story is the story of 99% of the 1%. I am a small businessman. I work 16-hour days, mornings, nights, weekends, holidays, birthdays, and anniversaries. I have no guaranteed job for life, nor any pension. I have no rich daddy or sugar daddy.

    I don’t own a yacht. I have no private jet. I don’t have millions in an offshore trust. I don’t have one dollar offshore. Unfortunately, I don’t have $100 million here in America either. I am not connected, work like a dog, and fought like a cornered wolverine for everything I’ve ever achieved. No one has ever given me anything. I’ve earned it.

    I don’t run a bank and have never been friends with a bank President. My buddies don’t run giant multi-national corporations. My friends don’t control the White House, Congress or the Fed. My friends are small business owners just like me. They are the 1%.

    Along the way I’ve created many jobs, helping others live the American Dream too. I’ve made countless payrolls, and paid for other people’s health insurance. I’ve also failed countless times, wiping out my savings. But I never complained, blamed anyone but myself, and never asked for a bailout. Is this the story the media tells you about the 1%? Funny, I’ve never heard it.

    My butcher father taught me to ask for nothing from government. I believe in self-reliance and personal responsibility. I’ve never collected a check from government in my life- other than a student loan. And I paid that back in full, with interest. I want and expect nothing from government. And in return, I just want government to get out of my way, and stop stealing (Obama calls it “redistributing”) so much of the money I’ve earned.

    I became a self-made millionaire by the age of 30 by working grueling hours, being relentless, and risking my own money. My success was earned with blood, sweat, and tears. I’ve missed far too many cherished family moments with my four children. I rarely get a chance to watch TV. I live on a world-class golf course, but I’ve never played golf once in the ten years I’ve lived here. Should I be demonized and punished for my sacrifice and work ethic?

    My butcher father taught me to out-work, out-smart, and out-hustle my competition. He taught me to study hard when others are partying. He taught me to stay away from drugs, and alcohol. He taught me that nothing good ever happens after Midnight. His dream was that I be accepted at Columbia University, where he wished he could have gone.

    So I studied. I sacrificed. I got Straight A’s. I graduated Valedictorian of my high school. I was accepted at Columbia University (as was my sister). I earned Deans List honors. Should I now be punished for doing everything right, by others who chose to party when I was studying?

    My butcher father was right. So I listened some more. He told me you had to risk your own money and start your own business to achieve the American Dream. So I became a risk-taking entrepreneur. After enduring several devastating failures, I became a business owner, television anchor and host, Las Vegas oddsmaker with my own star in the Las Vegas Walk of Stars, and eventually the 2008 Libertarian Vice Presidential nominee. As Don King says, “Only in America.

    Is this the story of the 1% you hear in the media? Is this the narrative you hear from Obama?

    I’m just one of millions of small business owners in the 1% who strive every day to achieve the American Dream through discipline, unmatched work ethic, sacrifice, and personal financial risk. Are you aware that the standard Small Business Administration loan is personally guaranteed? How many bank, automotive, or green energy executives personally guaranteed their government loans? Zero.

    We have earned our success. Shouldn’t those who create jobs, pay the taxes that pay for the roads, schools, entitlements, and the bills of government be celebrated as heroes and role models? Last I checked you don’t demonize, denigrate or punish heroes, do you?

    We are the true 1%.

    Roman Catholic, Life Member of American Legion, VFW, Wisconsin Libertarian party, Wi-FORCE, WGO, NRA, JPFO, GOA, SAF and CCRKBA


    "THE STATE THAT SEPARATES ITS SCHOLARS FROM IT WARRIORS WILL HAVE ITS THINKING DONE BY COWARDS AND ITS FIGHTING DONE BY FOOLS"

    THUCYDIDES.



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    Registered User LAGC's Avatar

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    Smile

    So he admits that under our current system only 1% of the population can ever hope to rise out of the middle-class and become rich by profiting off others? Nice...

    While I agree that the Occupy movement's main beef is really with the top 0.1% not the entire 1%, this guy doesn't do the 1% any favors by pointing out how few people can really hope to get ahead in our society.
    Last edited by LAGC; 12-16-2011 at 08:22 AM.
    "That tyranny has all the vices both of democracy and oligarchy is evident. As of oligarchy so of tyranny, the end is wealth; (for by wealth only can the tyrant maintain either his guard or his luxury). Both mistrust the people, and therefore deprive them of their arms." -- Aristotle, Book V, 350 B.C.E

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    Quote Originally Posted by LAGC View Post
    So he admits that under our current system only 1% of the population can ever hope to rise out of the middle-class and become rich by profiting off others? Nice...

    While I agree that the Occupy movement's main beef is really with the top 0.1% not the entire 1%, this guy doesn't do the 1% any favors by pointing out how few people can really hope to get ahead in our society.
    Jeeeezus.......
    If anything he is pointing out how few people have the work ethic and determination to achieve it you dope!

    Have I not said the same thing to you?
    Really, and think about this carefully, if you applied yourself as he outlines, would you not EVENTUALLY be inclined to stumble into a profitable paradigm??
    THAT is how success is achieved by 90% of the 1%

    Next question is do YOU have what it takes to work that hard?
    Yeah, I didn't think so. Instead you want to steal from those that do because you COVET.
    CHOOT UM!

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    Quote Originally Posted by LAGC View Post
    So he admits that under our current system only 1% of the population can ever hope to rise out of the middle-class and become rich by profiting off others? Nice...

    While I agree that the Occupy movement's main beef is really with the top 0.1% not the entire 1%, this guy doesn't do the 1% any favors by pointing out how few people can really hope to get ahead in our society.
    Wow LAGC, you just never tire of strutting your ignorance and stupidity for all to see. If you would have ever taken responsibility for your own welfare instead of stealing other people's things to get ahead, you might have developed the mental skills to understand what Mr. Root said.

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    Senior Member mriddick's Avatar

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    If everyone could or would do it they wouldn't call them the 1% now would they

    I'm always amazed at the people who will ask me how I managed to do as well I have yet never listen to the advice I give them. Most I think really do hope for a miracle when it comes to wealth and completely disregard the work hard/spend wisely advice. Instead most falling back on the whole it's so tough line like LAGC is in this thread. Of the 1%'ers I personally know it runs about 25% inherit or marry into it, the rest work very hard for it. That 75% is the engine of our society, they push us forward.
    Last edited by mriddick; 12-16-2011 at 10:21 AM.

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    Quote Originally Posted by old Grump View Post
    We have earned our success. Shouldn’t those who create jobs, pay the taxes that pay for the roads, schools, entitlements, and the bills of government be celebrated as heroes and role models? Last I checked you don’t demonize, denigrate or punish heroes, do you?
    Interestingly, I have an old book first published in 1884 and reprinted several times (my copy dates from 1910) called Parton's Captains of Industry. It is a small and cheaply produced volume, clearly intended for the mass-market. It contains short biographical sketches of a dozen men from different walks of life: from a typical railroad engineer to the likes of Henry Bessemer and Horace Greeley. Each one is praised not for how much money he made-- although plenty of them made boatloads of money-- but how each one's decisions and hard work contributed to his success, and how that success benefitted society. I don't think it's a coincidence that the era that produced this book also produced an America that quickly transformed from a backwards, isolationist frontier nation to the strongest and most dynamic economy in the world. They knew the value of work and sacrifice, and didn't begrudge people their success in business... they were, in Mr. Root's words, "celebrated as heroes and role models." We should be so wise.

    Jackoffs like LAGC and the OWS folks have no idea how much of their comfort, security, and prosperity is based on the hard work and sacrifice of others. If they ever got their way they'd be shocked to learn how much harder their lives would become once income was redistributed "fairly."

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    Quote Originally Posted by Sergis Bauer View Post
    Jackoffs like LAGC and the OWS folks have no idea how much of their comfort, security, and prosperity is based on the hard work and sacrifice of others. If they ever got their way they'd be shocked to learn how much harder their lives would become once income was redistributed "fairly."
    It's coming. Just imagine the confusion when that goose is cut open and they find there are no golden eggs inside. Instead it will be more hard work and poverty than they imagined possible. I guess it will be better because it will be FAIR that we all suffer horribly instead of enjoying the current status quo.
    CHOOT UM!

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    The only good thing about the coming economic depression is that the likes of LAGC and his OWS buddies will become targets of opportunity because they will be starving and resort to theft and thuggery to try and get food and such which will make them fair game for those who are prepared to defend themselves.



    The Salvation Army (bless them) will only be able to handle a small % of those bastdards and there will be no help from the UN as the whole world will be on fire.

    The rest of us, besides defending ourselves will be hard at work digging out of the situation.
    ~Nemo me impune lacessit~




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    Team GunsNet Silver 12/2012 Warthogg's Avatar

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    Quote Originally Posted by mriddick View Post

    I'm always amazed at the people who will ask me how I managed to do as well I have yet never listen to the advice I give them.
    Generally people want to know 'the secret'. Virtually no one wants to learn there is no secret.


    Wart

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    Team GunsNet Silver 12/2012 Warthogg's Avatar

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    Quote Originally Posted by nitewatcher View Post
    Im a 1%'er with just a high school diploma. my family is not wealthy. Im a successful contractor.worked hard & still work hard. I live in a plain house my newest vehicle is a 2001. I saved & did not spend foolishly. I invested wisely. I pay my employees a fair wage.
    My congratulations.


    Wart

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    There are so many ways to succeed in this country that any charge of "greedy rich people" is absurd. They are really showing their lazy asses is all's that happening.

    We do have a two class society in one regard though - those that are willing to work and those who are not. Simple as that.
    ~Nemo me impune lacessit~




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    Registered User LAGC's Avatar

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    Quote Originally Posted by nitewatcher View Post
    Im a 1%'er with just a high school diploma. my family is not wealthy. Im a successful contractor.worked hard & still work hard. I live in a plain house my newest vehicle is a 2001. I saved & did not spend foolishly. I invested wisely. I pay my employees a fair wage. I owe your fuckers nothing!!! & you will get nothing from me. Make your own way, lazy greedy good for nothing sissys be man
    Pardon me if I doubt it. Do you really rake in more than $350K/year? I'm not talking about how much your business makes, but how much YOU take home after you pay all your employees and business expenses. $350K in yearly income is the current threshold of what it means to be part of the 1%. I doubt many users here are in that elite group, regardless of how much they defend them and make excuses for their gross wealth.

    And there's hardly a single one of them that didn't get that kind of income without EXPLOITING many workers below them and/or gambling on other people's work (e.g. the stock market/capital gains.)
    "That tyranny has all the vices both of democracy and oligarchy is evident. As of oligarchy so of tyranny, the end is wealth; (for by wealth only can the tyrant maintain either his guard or his luxury). Both mistrust the people, and therefore deprive them of their arms." -- Aristotle, Book V, 350 B.C.E

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    Senior Member mriddick's Avatar

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    If referring to me I never said I was a 1%, at most I'll say I've done good in life. My stepson, now he's a 1%, his father in law is probably a .05%, heck thanks to them my grandsons are probably worth more then most... My stepson I would bet had a tougher life then 99% of anyone you'll ever know or meet, the father in law took a small farm and made it into a very well ran corporation. Now granted grandsons were born into it all but that's only because their parents and grandparents planned ahead for that.

    In a free economy it's sort of tough to lay all the blame on the guy at the top for exploiting workers, afterall I've never been forced to work for anyone and I'm doubtful many are. Again I think you see yourself as a victim rather then empowered, you see yourself and others as victims of others since I take it you don't have what they have? Maybe you ought to look inward and see the choices and mistakes you've made that have put you where you are instead of looking at blaming others?

    I don't see a problem with simplifing the tax code, getting rid of deductions and leveling the playing field but the constant harping over those who have having some special power of those that don't does get old. Granted it's tough to go out and work for it but for most of us that's how we got to where we are.

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    Registered User LAGC's Avatar

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    Quote Originally Posted by nitewatcher View Post
    Your a lazy jealous fool. Lets just this about what I make...I paid $143, 856 in taxes last year. I can write a check today for 400K can you? Whens the last time you used a hammer, or a shovel. got any calluses on your hands? I think your a soft mommas boy
    Just be honest with me here. Did you pay $143K in taxes YOURSELF, or is that how much your business paid? Can you write a $400K check YOURSELF, or is that just your business line of credit? For some reason I suspect you're really a 10%'er, not a 1%'er.

    And don't kid yourself. You don't become that rich by working hard, but only by getting people UNDERNEATH you to do work FOR you. Working hard yourself is only optional at that point.

    Most of the people who really bust their asses in the fields and doing hard manual labor earn less than $50K.
    "That tyranny has all the vices both of democracy and oligarchy is evident. As of oligarchy so of tyranny, the end is wealth; (for by wealth only can the tyrant maintain either his guard or his luxury). Both mistrust the people, and therefore deprive them of their arms." -- Aristotle, Book V, 350 B.C.E

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    Registered User LAGC's Avatar

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    Quote Originally Posted by nitewatcher View Post
    I dont want to hijack this forum so this will be my last post here. Hey LAGC, whens the last time you created a job...other than a blow job? Would you feel better if I fired my employees & went and got a job delivering pizza? YOU will never accumulate any wealth in your life. For you its easier to bitch & blame. Have a nice life.
    Ah c'mon, we were just starting to have a nice conversation. Don't "take your ball and go home" already just because I shed a different light on your situation. Geesh.

    No, I think its great that you create jobs and have a successful business. Good for you. But don't act like you're being all altruistic here. The reason you hire people is so you can make more money off of them. Am I wrong?

    If employees were all paid what they were really worth to a company, there would be no room for profits.

    I'm not saying its necessarily a bad thing to profit off of other people's labors, but don't act all butt-hurt when the government taxes some of that exploited wealth back and redistributes it back to those who weren't as fortunate as yourself.

    Business owners often act as if they live in a vacuum, that their wealth accumulation happens independent of all the infrastructure and laws (and cheap labor pool!) that make for such a business-friendly environment. Government protects their property, defends them from fires, builds and maintains roads, and maintains some semblance of law and order to make it all possible.

    And all the government gets is a cold shoulder and resentment in return.

    Hmmph.

    Last edited by LAGC; 12-16-2011 at 03:06 PM.
    "That tyranny has all the vices both of democracy and oligarchy is evident. As of oligarchy so of tyranny, the end is wealth; (for by wealth only can the tyrant maintain either his guard or his luxury). Both mistrust the people, and therefore deprive them of their arms." -- Aristotle, Book V, 350 B.C.E

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    Moderator & Team Gunsnet Platinum 07/2011 O.S.O.K.'s Avatar

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    LAGC, you are an idiot. According to you anybody that has a business that employs people and is successful is "exploiting" the workers?





    You are such a fool.

    Why do you live in America? Why don't you take your red ass to China or maybe North Korea? Everybody in NK is "equal" and only dear leader and his croney's have anything. That's what you're after isn't it?
    ~Nemo me impune lacessit~




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    Senior Member mriddick's Avatar

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    Quote Originally Posted by LAGC View Post

    If employees were all paid what they were really worth to a company, there would be no room for profits.
    Now that is a very odd statement. As in most things you just can't help but over reach can you

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    Guns Network Lifetime Membership 01/2011 old Grump's Avatar

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    Quote Originally Posted by LAGC View Post
    So he admits that under our current system only 1% of the population can ever hope to rise out of the middle-class and become rich by profiting off others? Nice...

    While I agree that the Occupy movement's main beef is really with the top 0.1% not the entire 1%, this guy doesn't do the 1% any favors by pointing out how few people can really hope to get ahead in our society.
    Every society, every culture, every race, religion, ethnic group the cream of the crop will work hard and make it and the 1% on the bottom will complain. Takes no effort at all to determine which 1% you are. A bag lady collecting aluminum cans and selling them for scrap in order to buy some pet food to feed herself with is higher on the scale of success than you are. Yet you think you are better than a man who has worked hard and made himself a success owes you a share of his earnings. Well that takes imagination so we know you are not brain dead, your wires are hooked up all wrong and you will die as messed up as you are right now because there is no hope for you. My condolences, it must be a terrible thing to know you will die a loser.

    Roman Catholic, Life Member of American Legion, VFW, Wisconsin Libertarian party, Wi-FORCE, WGO, NRA, JPFO, GOA, SAF and CCRKBA


    "THE STATE THAT SEPARATES ITS SCHOLARS FROM IT WARRIORS WILL HAVE ITS THINKING DONE BY COWARDS AND ITS FIGHTING DONE BY FOOLS"

    THUCYDIDES.



  19. #19
    Senior Member TEN-32's Avatar

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    You guys are all missing the point. This whole 99% propaganda piece is designed with one thing in mind...to diminish the importance and role of the American middle class. The working folks that pay for the world to go 'round. The 99% is really more like the 40-45% and growing due to our current "president" and Nancy and Barney and Dodd and Reid. They have managed to re-engineer our housing/mortgage system, health care system and banking. The American middle class is the engine that runs the world. If that goes away so does America. WAKE UP before you wake up a slave.

  20. #20
    Senior Member mriddick's Avatar

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    The top 20% pay 85% of taxes, I think the middle class has already voted themselves out of the conversation. If you are in the middle 50% (25% at the top, 25% at the bottom) chances are you are going to take more then you pay, now that is something few like to hear but many like in practice.

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