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Posted at 03:35 PM ET, 10/13/2011

Occupy Wall Street protests get support of the one percent

Featuring the personal stories of Americans affected by the recession, the Tumblr blog  “We Are The 99 Percent” quickly became a potent symbol for the protesters occupying Wall Street who say it’s not right that one percent of Americans control a large part of the country’s wealth.

Now, some of the “one percent” are speaking up to say they agree.


(Image via ‘We are the 1 percent, we stand with the 99 percent’)
In a new blog called “We are the 1 percent, we stand with the 99 percent,” Americans who have gotten rich from stocks, the oil industry or inheritances have posted their own stories, saying that they are living comfortably while others struggle, and that this needs to change.

The blog was created by ResourceGeneration.org, a group of young people with wealth that work for social change, and Wealth for the Common Good, a group of business leaders, high-income households and partners who work for shared prosperity, according to their Web sites.

The first sign to be posted on the blog was from Jessie Spector of Northampton, Mass., a program director at Resource Generation, who was marching on the Brooklyn Bridge the day that 700 protesters were arrested.

Spector held a sign as she marched that read: “I was born into the 1%, I want redistribution, we'll all be better for it & Tax me!”

Spector told a local paper, The Valley Advocate, that she held the sign because she “wanted to mix up the message. . . . It's important to show there are rich people in solidarity.”

 Warren Buffett made waves in August when he sent a similar message of wealth redistribution in a New York Times op-ed, saying legislators need to raise taxes on the “mega-rich,” including himself.

“While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks,” Buffett wrote.

Other spinoffs of the original “We are the 99 percent” Tumblr blog haven’t been so sympathetic.

Conservative activists started a “We are the 53 percent” blog to represent the 53 percent of Americans who pay federal income taxes, indicating that they think the Wall Street protesters aren’t included in that.

Within days, an “Actually, you’re the 47 percent” blog sprung up to mock the so-called taxpayers on the conservative blog.

By  |  03:35 PM ET, 10/13/2011

Tags:  National, Occupy Wall Street, the one percent

 
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