XPost: alt.impeach.clinton, alt.society.liberalism, talk.politics.misc   
   XPost: alt.atheism   
   From: linder.one@osu.edu   
      
   Nicklas@Click.com wrote:   
      
   >On Tue, 19 Feb 2008 18:34:31 GMT, linder.one@osu.edu   
   >(Jeffrey Scott Linder) wrote:   
   >   
   >>Nicklas@Click.com wrote:   
   >>   
   >>>On Tue, 19 Feb 2008 13:31:21 GMT, linder.one@osu.edu   
   >>>(Jeffrey Scott Linder) wrote:   
   >>>   
   >>>>   
   >>>>1. According to a study of Federal Reserve data conducted by NYU   
   >>>>professor Edward Wolff, for the nation’s richest 1%, inherited wealth   
   >>>>accounted for only 9% of their net worth in 2001, down from 23% in   
   >>>>1989. (The 2001 number was the latest available.)   
   >>>   
   >>>   
   >>>How much of that "9%" represents the total wealth of   
   >>>the US?   
   >>   
   >>Something less than 9%.   
   >>   
   >>Why did you snip the rest?   
   >>   
   >>JSL   
   >   
   >The top 2% own almost 3/4ths of the wealth   
   >   
   >The wealthiest enherited (like Scaife) and  sit back   
   >and pull strings with their money---not to better   
   >society---but to make more wealth for themselves.   
   >   
   >The idea that they do it "for america" is absolute   
   >nonsense.   
      
   Which, of course, has nothing to do with the current discussion.   
      
   You asked where they got their money...I showed you...you punted.   
      
   JSL   
      
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