General Discussion
In reply to the discussion: Trump still has a 90% approval among Republicans. [View all]Blue_true
(31,261 posts)The 1% is being smoked by the 0.5-0.01%. An article posted here on DU (I think) pointed that out. The 1% can afford to endow several chairs at a top university or finance a building at one of those places, the 0.01% certainly can, as can others up to maybe the 0.3%. So the 1% are resorting to cheating and brides to get their children into top colleges. So Ms. Loughlin and her rich husband worth around $60 million have to cheat to get their kids into USC, when a Rap Mogul and a friend dropped $70 million on that should to endow a whole department and the rap mogul's kid got into USC (hopefully on her own merits, but her dad's pile of money to the school didn't hurt).
Your life as a top 5%er is pretty comfortable. But you have concerns that a person richer than the top 1% doesn't even know exists, because of their lives in their gilded world, where people are constantly kissing their asses.