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Dear Mr. 1% - an open letter

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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:30 PM
Original message
Dear Mr. 1% - an open letter
Edited on Thu Oct-06-11 05:31 PM by Cal Carpenter
(Reprinted in full with permission granted by author. Mods, please PM me if you need more info. Thanks)



DEAR MR. 1%

I spoke with you for a moment when you were waiting to cross the street to the Chicago Board of Trade on Monday. I wonder if you are the one who put the now infamous message in the window up there announcing your membership in the 1%. I overheard you telling your friend that none of us had jobs. I leaned over to assure you that you were mistaken, you'd be surprised how many of us do have jobs. I told you that someday they would sell you out too. You turned red-faced, tense, and said no, you were the one that sells people out. “So you are in the 1%?” I asked. You nodded. “That must be why you are getting so defensive.” The light changed and off you went to work for the day.

Work. I'm sure you are 'busy' at your job, but the truth is that you produce nothing of real, material value. You steal the value of other people's work. In truth, you don't actually do anything.

You think we are jealous. That is a typical reaction of a 6th grader who is way too proud of his new brand-name shoes, as though they demonstrate his superiority of character. We may envy the feeling of security you have that you will never be homeless, your kids will be educated, and you will never struggle to feed yourself in your old age, counting pennies to pay for medications or heating bills in cold winters.

Rest assured, we aren't jealous of those products of conspicuous consumption, thousand dollar shoes, cars that cost more than a modest house. See, greed is not built in to human nature, it is the result of the conditions in which we live, a consequence of the capitalist economy that requires us to be competitive, greedy and soulless in our scramble to make it in this world. It is so deeply ingrained in you now that you may not be able to understand this anymore. All we want is the peace of mind of knowing that we have meaningful work for those who are able, and housing, food, health care, education, and other basic necessities within reach for everyone.

You think we are lazy. In reality, many of us are working 2 or 3 jobs just to keep our homes and feed our children. We work harder than you will ever know to make ends meet. The worst part is that the harder we work, the more you suppress our wages, shrink our benefits and skim off the top to fill your own pockets with the profits you make by exploiting us along with workers around the world.

But you have made a mistake. You have become too brazen in your insatiable greed. You've forgotten that you need to perpetuate the myth of the American Dream and throw us some crumbs once in awhile. You have forgotten to play us against each other based on irrelevant social issues, you've neglected to nurture the divide and conquer game to keep us apart. Your worst nightmare is coming true. The peace-loving environmentalists are discovering that the ATV driving deer-hunters are not their enemy, and vice versa. We have more in common than we ever realized, and YOU are the enemy to all of us. There are a hell of a lot more of us than there are of you.

The top 1% held 43% of all financial wealth in the US as of 2007. The bottom 80% of people held only 7%. Fewer and fewer people are controlling an ever-expanding, obscene amount of the wealth and resources in the world and it is moving even further in that direction.

The facade is gone. We are unlearning all the lies we were taught in school about freedom and democracy. The only freedom in capitalism is for the rich to get richer. We aren't falling for your slick marketing or your election campaign distractions anymore. You are the ones who have gotten lazy.

We are talking to each other now, and we are realizing we are not alone. We are learning a new language and developing a class consciousness out there while we hold our signs and talk to each other and march through the streets. We are connecting the dots to workers' struggles around the world. Every time the cops crack down on the protesters on Wall Street to protect your wealth our numbers grow and grow. We are on our way to achieving solidarity.

No wonder you are getting so defensive.

Sincerely,

The 99%
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PETRUS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:31 PM
Response to Original message
1. K&R! nt
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:32 PM
Response to Original message
2. You forgot something....
P.S. Go Fuck Yourself !
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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:34 PM
Response to Original message
3. They're so brave 8 floors up and hiding behind the signs
They really are cowards. But they strut and stuff so they think they're fooling people.
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:39 PM
Response to Original message
4. ...


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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:46 PM
Response to Original message
5. What do you think of people who work by composing music?
Work. I'm sure you are 'busy' at your job, but the truth is that you produce nothing of real, material value. You steal the value of other people's work. In truth, you don't actually do anything.
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onethatcares Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:53 PM
Response to Reply #5
6. I think that people that work by composing music rock or
classical or boogie or reggae.

I think they have a great talent and aren't ripping the gains of other folks. It's not like composers don't add to the world.

It's the financial guys that take your 20 and divide it 6 ways making a commission on it each time and then they tell you your 20 is lost.

those guys suck.
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 05:53 PM
Response to Reply #5
7. I think they should be able to make a living creating music
They should be paid a living wage and all the other things that go along with having a livelihood.

They shouldn't have to struggle to pay medical bills.

They should have a roof over their head and the knowledge they will not starve alone when they are too old to work anymore.

Just like any other worker. Artists are workers too.
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prairierose Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:16 PM
Response to Reply #5
8. So, to you, artists and their work have no value?...You believe that ...
they do not produce anything of worth that contributes to the world?

It is the thieves on Wall st and their fraud who contribute nothing and who steal the substance of all who produce real value in this world. That includes those who dig the ditches and those who write music or poetry. It includes the teachers and nurses and mechanics and factory workers and farmers.
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Boojatta Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:19 PM
Response to Reply #8
9. I asked a question to get a sense of what was meant by the words "real, material value."
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:08 PM
Response to Reply #9
12. Music is useful and valuable to people, to society
Living off the profit of other people's work is theft, it is of no benefit to anyone but the thief.
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SomethingFishy Donating Member (552 posts) Send PM | Profile | Ignore Thu Oct-06-11 07:23 PM
Response to Reply #9
14. A musician, an artist, a writer creates something new
out of nothing. Where nothing existed before now there is something that depending on your point of view could be beauty and light, or anger and darkness. But it exists where nothing existed before.

If you are going to compare financial workers to musicians and artists then tell me what these traders and hedge fund managers produce that was not there before.
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PETRUS Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:56 PM
Response to Reply #5
17. Fair question
Edited on Thu Oct-06-11 11:59 PM by PETRUS
And some others beat me to making the point that musicians provide something people do value.

But you said "material" value, which makes the question more interesting and gives me an opening to talk about something. (yay!)

Musicians DO create material value because their activity stimulates other, necessary - and yes, material - functions. To make the music requires instruments (or at least software and hardware) which other people make. There you have some jobs. Same situation when you purchase a recording or see them in concert - that's employment for others and much related economic activity.

The real function of the financial sector in any economy is to channel savings and direct it to productive investments. A properly working financial sector would also be efficient. At this point in the US, our financial sector is bloated, inefficient, and a significant source of waste. Why? A few reasons, but the easy things to point to are arbitrage, high speed trading, and various forms of speculation. These things are more or less tricks, slight of hand, and beating someone to the punch. They do not add value to the overall economy. If those things stopped tomorrow, nobody would miss them except the few people who are making money doing it. These are smart, ambitious people too, and we'd all be better off if they were using their time and intelligence doing something else.
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 09:58 AM
Response to Reply #17
20. Ding ding ding!
"If those things stopped tomorrow, nobody would miss them except the few people who are making money doing it."

Well put!
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arikara Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:20 PM
Response to Reply #5
22. Do you really believe that music has no value?
n/t
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norman7 Donating Member (1 posts) Send PM | Profile | Ignore Thu Oct-06-11 06:23 PM
Response to Original message
10. mr 1%
By the way mr 1%, if the 99% left these shores right now, the country would cease to exist, but if the 1% left right now, i'm pretty sure we could manage on our own.
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:49 PM
Response to Reply #10
15. Very important point!
I'll make sure that gets a mention in the next edition :)
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:32 PM
Response to Original message
11. Beautiful
Rec
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TBF Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:11 PM
Response to Original message
13. Excellent! nt
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Cal Carpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:01 PM
Response to Original message
16. Kick
before bed.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 12:10 AM
Response to Original message
18. 'You steal the value of other people's work'
:thumbsup:

K&R
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 06:21 AM
Response to Original message
19. k&r
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PurgedVoter Donating Member (753 posts) Send PM | Profile | Ignore Fri Oct-07-11 12:51 PM
Response to Original message
21. K&R NT
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Starry Messenger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:21 PM
Response to Original message
23. k&r
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:28 PM
Response to Original message
24. K&R!
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truebrit71 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 04:34 PM
Response to Original message
25. That is absolutely brilliant....nicely done...and yes...there are WAY more of us than them...
....and THAT ought to make them very, very nervous indeed...
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