The 'one percent' among the '99 percent'

Just who are those Occupy Wall Street protestors trying to fool?

Only themselves. Daily Caller:

Many "Occupy Wall Street" protesters arrested in New York City reside in more luxurious homes than some of their rhetoric might suggest, a Daily Caller investigation has found.

For each of the 984 Occupy Wall Street protesters arrested in New York City between September 18 and October 15, police collected and filed an information sheet recording the arrestee's name, age, sex, criminal charge, home address and - in most cases - race. The Daily Caller has obtained all of this information from a source in the New York City government.

Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 - a far higher number than the $185,400 median value of owner-occupied housing units in the United States.

Some of the homes where "Occupy" arrestees reside, viewed through Google Maps and the Multiple Listing Service real estate database, are the definition of opulence.

Using county assessors and online resources such as Zillow.com, TheDC estimated property values and rents for 87 percent of the homes and 59 percent of the apartments listed in the arrest records.

Even in the nation's currently depressed housing market, at least 95 of the protesters' residences are worth approximately $500,000 or more.

The median monthly rent for those living in apartments whose information is readily available is $1,850.

As Will Rahn points out, this information "reinforces the persistent critique of protesters as entitled, upper-class agitators with few legitimate grievances."

Indeed, in a must read piece in yesterday's Atlantic, Megan McCardle makes the argument that the OWS protests are the "almost elite" becoming disillusioned because the "promise" that a good education would lead to a good job making good money is no longer valid.

Perhaps still living at home at age 25 or 30 because they can't find a decent job is eating at these people. It would me, I can assure you. But adults get over their disappointment and get busy building the best life they can. The OWS protestors have shown themselves to be perpetual children who have no clue what being a responsible adult is all about.





Just who are those Occupy Wall Street protestors trying to fool?

Only themselves. Daily Caller:

Many "Occupy Wall Street" protesters arrested in New York City reside in more luxurious homes than some of their rhetoric might suggest, a Daily Caller investigation has found.

For each of the 984 Occupy Wall Street protesters arrested in New York City between September 18 and October 15, police collected and filed an information sheet recording the arrestee's name, age, sex, criminal charge, home address and - in most cases - race. The Daily Caller has obtained all of this information from a source in the New York City government.

Among addresses for which information is available, single-family homes listed on those police intake forms have a median value of $305,000 - a far higher number than the $185,400 median value of owner-occupied housing units in the United States.

Some of the homes where "Occupy" arrestees reside, viewed through Google Maps and the Multiple Listing Service real estate database, are the definition of opulence.

Using county assessors and online resources such as Zillow.com, TheDC estimated property values and rents for 87 percent of the homes and 59 percent of the apartments listed in the arrest records.

Even in the nation's currently depressed housing market, at least 95 of the protesters' residences are worth approximately $500,000 or more.

The median monthly rent for those living in apartments whose information is readily available is $1,850.

As Will Rahn points out, this information "reinforces the persistent critique of protesters as entitled, upper-class agitators with few legitimate grievances."

Indeed, in a must read piece in yesterday's Atlantic, Megan McCardle makes the argument that the OWS protests are the "almost elite" becoming disillusioned because the "promise" that a good education would lead to a good job making good money is no longer valid.

Perhaps still living at home at age 25 or 30 because they can't find a decent job is eating at these people. It would me, I can assure you. But adults get over their disappointment and get busy building the best life they can. The OWS protestors have shown themselves to be perpetual children who have no clue what being a responsible adult is all about.





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