The "occupation of Wall Street" movement, due to people from all walks of life, different demands, so the slogan of a multitude of names, see people see things in a blur. While only a slogan is uniform, that is all that we belong to the 99% protesters, here expressed dissatisfaction with the mouse to the 1% person.

America that1%People are doing what

Text / Chen Sijin

In what kind of person American belong to 1%? Big boss is the removal of entrepreneurs, lawyers and bankers (referred to as the Wall Street in the transaction, fund management and financial services).

However, afford much food for thought is, these two kinds of occupation is not in itself create a penny of the wealth, but the wealth Reallocate (redistribution). This wants to be mentioned from the sufferings of a friend.

Six years ago, my friend Lucy died in a car crash in New York, injury of the cervical spine, evaluated by an insurance company, is willing to pay $20000 in damages. Lucy went to consult a lawyer, just want to know the amount of compensation is reasonable. Which know lawyers offer oneself to pick up the case, the guarantee to get at least $200000 and all claims, before she did not have to spend a penny. Lucy thought that met a "Huo Leifeng".

This lawsuit is a 5 years, winning the lawsuit, won $200000 in damages. Lucy was overjoyed. Unexpectedly, the claim amount is four six, the first and 80000 law. Then calculate the attorney's fees. Lucy received the lawyer floor thick stack of bills, she be startled at: court costs $500 per hour, $250 per hour daily desk job interview, $200 per hour, a total of $100000 in legal fees! Finally, to her hand, is still a cheque for $20000. The lawyer's "polite", don't let her lose a good. Thus, in the whole event who pocket the money the most.

Two years ago, once there are two financial news attracted the attention of many people.

The first big news is the government of Canada will several large tobacco companies to court, claim 350000000000 dollars! Claim is deliberately conceal, destroy the tobacco companies report of scientific research, the Canadian government in medical costs annually spend tens of billions of. Destroyed report of smoking on the human body harm as heroin, not only damage the lungs, are more prone to heart disease, stroke, diabetes can cause serious, will lose immunity ability, and more innocent harm of secondhand smoke!

A few years ago American government hired lawyers sued the tobacco companies, "the lawsuit", involving 6 billion, shocked the world. People thought American government to give tobacco companies a little "color see see". The tobacco companies is not fuel-efficient lights, where waiting to be slaughtered, they spend huge sums of money to please the powerful lawyers, with USA government "". Obviously, the tobacco companies is better, as the results of OJ Simpson's case, the lawyer confuse right and wrong ability make the big big small, small matter of, finally just in a pack of cigarettes, plus health warnings that smoking is harmful, and an increase in the tobacco tax. But always in the sheep's wool, government lawsuit cost taxpayers to buy single, tobacco companies's legal fees and taxes on tobacco for cigarette price, finally by consumers themselves. And the lawyer will be tens of millions of dollars in legal fees pockets. Therefore, the government of Canada sued tobacco companies, it is so. However, the biggest winner is certainly a lawyer, the amount of money a few hand weak.

Second news is the last year at the CEO of Goldman Sachs and chairman Blankfein (Lloyd Craig Blankfein) interview. American financial crisis is far from over, Goldman has declared 2009 "is expected to become the most profitable year", the bonus amount will hit a record high, average each employee will receive a $700000 bonus. This USA community reacted strongly, a piece of rumblings of discontent. Blankfein's commentary on television debate does not give bonuses, salaries can't keep "genius".

America lawyer is a money making machine, but with the Wall Street bankers a ratio, it is pale into insignificance by comparison. The financial crisis, people finally see greatly small Madoff distribution of wealth of energy. These years, with the America regulators lifted restrictions on bank business, make more and more complex financial instruments have been invented, wealth is more and more easily from the public's pocket, "assigned" into the Wall Street bankers pocket.

Thus forming a circle, a group of "the smartest man in Wall Street" is a huge income attract engaged, involved in the production of amazing foam, and hurting the real economy, harm the public. Don't know what to do so when will end?

But I hope the Wall Street financial speculators not overdo sth., if the rate of growth of sheep cannot catch up with the growth, finally can only eat the wolf wolf.