401 Pork Belly Crude Efficient Market Theories
I’ve often talked about the “three-legged stool” on this blog. No, you don’t have to leave. This post won’t qualify for a certain tag that shall remain nameless. I’m going to keep this post on a higher, more sophisticated plane.
So often, in fact, that I should probably elevate the topic to the level of a category so you can ignore all the posts equally at the same time. But that would be convenient therefore I won’t do it.
The future is something which “occupies” my thoughts from time to time. (Yes, my brain has little protesters in it.)
To refresh your memory, the “three-legged stool” is a metaphor rolled out around the time that piece of sassafras Ida May Fuller clutched her first Social Security benefits check in her kung fu death grip. I remember it well because I was there. On the floor. Licking her ankles. Whispering hotly, “Be my sugar momma? Mommy? M to the O to the M M Y.”
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Occupy This
Three 99 percenters walked into a bar and realized there wasn't a one-percenter around to pick up the tab. They went home thirsty. Hahahaha!
A friend sent me a link about 10 Things Wrong With Occupy Wall Street (OWS). It got me thinking so I decided to try to respond to all ten points with my esteemed two cents. (That’s a total of twenty cents for those keeping score.)
Here we go. I will now try to offer my customized and heartfelt rebuttal to the following list of things that are alleged to be “wrong” about OWS.
1. The whole we’re the 99% thing.
The author of the article says that OWS does not represent “the middle class, small business America, or people employed by corporate America.” Who said that is supposed to be who they are? By definition, if they claim to be the “99%” then that means they are not the 1%. And who is the 1%? It might just be me, but I think they mean the richest one-percent of Americans.
Who is the 1% if we look at it based on income?
In 2009, it took just $343,927 to join that elite group [of one-percenters], according to newly released statistics from the Internal Revenue Service.
Source: CNN Money
That’s so one-percent I don’t even think I’ve ever even met anyone in that group. I’d hazard a guess that includes most corporation CEOs, at least those in Fortune 500 companies.
If you make less than $344 super clams a year then you’re in the elite group known as the 99 percent. Also, if you’re in the bottom one-percent of that group then you’re known as a “99-percenter bottom dweller.” If you’re in that group all I have to say is, “Howdy, neighbor.”
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Shouts from the Abyss 
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