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(CNBC) Obvious Why holiday sales may hinge on how the 1% feels. OCCUPY THE GAP   (cnbc.com) divider line 40
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1282 clicks; posted to Business » on 21 Nov 2011 at 3:58 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



40 Comments   (+0 »)
   
 
2011-11-21 01:14:38 PM
images.wikia.com
What the 1% may look like
 
2011-11-21 01:24:12 PM
I'm not planning on spending a whole lot for the holidays this time around.
 
2011-11-21 01:59:15 PM
Looks like the sales of fur lined sinks and electric dog polishers will make or break the economy this year.
 
2011-11-21 02:12:11 PM
The 1%'s lapdogs honestly feel that this is the way a *normal* society should be. An entire economy controlled by whether the wealthiest one percent deign to reach into their backup backup backup investment accounts to give extravagant gifts to other 1%ers.

Spread it out more evenly and there will STILL be plenty of people wealthier than everyone else who can buy diamond encrusted coke spoons and ten thousand dollar toilets. Jewish princesses will still be able to afford a brand new nose. The rest of us will be able to afford a slightly higher quality of zircon encrusted tweezers, which will keep factories churning them out. When we have to call a plumber, perhaps it won't cost us half a week's pay. Wristwatches and Crisco will still be manufactured by job creators. People won't have to stay with their mama and have her do their laundry and cook for them.

It'd really be better.
 
2011-11-21 02:23:47 PM
Yeah, I don't really feel like going all out this Christmas. Maybe one of those singing cards and a gift certificate for everyone.
 
2011-11-21 02:29:14 PM
Lexus is counting on the 1%ers big time this year. Hell, the annual December sales thing started November 3rd.
o.aolcdn.com

F*ck you Lexus, all you are is a tarted up Toyota.
 
2011-11-21 03:08:35 PM
Why holiday sales may hinge on how the 1% feels.

1% looks at OWS demonstrations, decide to shrug:

cdn.pastemagazine.com
 
2011-11-21 03:56:29 PM
antidisestablishmentarianism: Lexus is counting on the 1%ers big time this year. Hell, the annual December sales thing started November 3rd.

I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.
 
2011-11-21 04:02:47 PM
jaylectricity: antidisestablishmentarianism: Lexus is counting on the 1%ers big time this year. Hell, the annual December sales thing started November 3rd.

I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.


That always confused me, too. Seems like alot of dough to have hidden in a slush fund your spouse doesn't know about.
 
2011-11-21 04:04:04 PM
jaylectricity: I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.


You can resolve that dissonance by pretending that the person giving the car is married, that the recipient of the car is his/her adulterous partner, and that the cost of the car is being cleverly (or not, depending on your own narrative potential) concealed from the unseen spouse. I find this makes watching the commercials a far more creative and rewarding experience.
 
2011-11-21 04:07:58 PM
Diogenes: jaylectricity: antidisestablishmentarianism: Lexus is counting on the 1%ers big time this year. Hell, the annual December sales thing started November 3rd.

I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.

That always confused me, too. Seems like alot of dough to have hidden in a slush fund your spouse doesn't know about.


my mom's coworker actually does this. The thing is, for their family, he makes and controls the money.


I still find it offensive and stupid, but at least it makes more sense.
 
2011-11-21 04:07:59 PM
Diogenes: [images.wikia.com image 400x300]
What the 1% may look like


A more realistic less cartoony rendition
www.matthewtoschi.com
 
2011-11-21 04:08:07 PM
/waits for Demitiri Martin's store to open up
 
2011-11-21 04:10:38 PM
ShawnDoc: Looks like the sales of fur lined sinks and electric dog polishers will make or break the economy this year.

I'm not gonna lie. I now want an electric dog polisher.
 
2011-11-21 04:18:30 PM
www.backinaction.co.uk

Occupy the gap!
 
2011-11-21 04:20:32 PM
PanicMan: ShawnDoc: Looks like the sales of fur lined sinks and electric dog polishers will make or break the economy this year.

I'm not gonna lie. I now want an electric dog polisher.


Where did you get your electric dog? Does it poop on your couch?
 
2011-11-21 04:21:13 PM
SlothB77: Why holiday sales may hinge on how the 1% feels.

1% looks at OWS demonstrations, decide to shrug:

[cdn.pastemagazine.com image 300x300]

Atlas Shrugged
is about the productive members of society, not the 1%, going on strike.
 
2011-11-21 04:24:27 PM
www.topgearrules.org

$395,000, Neiman Marcus special edition Ferrari FF, all 10 were sold in just 50 minutes.
 
2011-11-21 04:26:19 PM
Its always the 1% trampling their own children at walmart to get that $100 flatscreen.
 
2011-11-21 04:31:26 PM
PanicMan: ShawnDoc: Looks like the sales of fur lined sinks and electric dog polishers will make or break the economy this year.

I'm not gonna lie. I now want an electric dog polisher.


4.bp.blogspot.com
"But look at how shiny their coats are!"
 
2011-11-21 04:49:50 PM
As always, I am not buying gifts and I warned people not to buy anything for me. If you're religious, and can find a baby Jesus to give stuff to, then go for it. Otherwise, don't give me stuff.

Won't turn down a gift card, which usually turns up from somewhere or another, and I'm fine with that.
 
2011-11-21 04:51:19 PM
I guess they plan to sell a lot of gold-plated helicopters if they think they can get the 1% to buy them out of this problem. The real problem is, was, and will always be the slump in demand brought on by the vicious ass-rape the 1% unleashes on the rest of us.

But I'm sure chucking another trillion or so at them in tax cuts will be a sufficiently large sacrifice to get the Job Creators to bless us mere mortals with their bounty of employment opportunities again. It has to work this time, because it's never worked before!
 
2011-11-21 05:01:05 PM
The 1% killed Lincoln and Kennedy and caused the Great Depression as part of a land grab.
 
2011-11-21 05:11:44 PM
Xenu's Giant Pink Replicock: As always, I am not buying gifts and I warned people not to buy anything for me. If you're religious, and can find a baby Jesus to give stuff to, then go for it. Otherwise, don't give me stuff.

Won't turn down a gift card, which usually turns up from somewhere or another, and I'm fine with that.


That's funny. My friend's mom doesn't do gifts, cards, decorations...nuthing...because she's uber religious.
 
2011-11-21 05:46:33 PM
My family of four spent less than $200 on gifts last year for christmas - same as every year. If we need something, we buy it, else its just pointless...

/ 10%er
// Austerific before it was cool
 
2011-11-21 05:57:42 PM
RICH PEOPLE GET A QUARTER OF CHRISTMAS ALL TO THEMSELVES?
 
2011-11-21 06:13:32 PM
jaylectricity: I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.


That just means you are [relatively] poor. All but one or two of the Lexus models are in the 5-figure range. Imagine you came home, and your wife had bought you an electric shaver, or some other trivial sub-$100 gift. Would you care? Probably not. When your liquid assets are in the 8 and 9 figures, buying a $40-80K car is just as inconsequential.

Not saying it's right, but there are people in this country who live lives and spend sums of money without a second thought that you can't even begin to conceive of.
 
2011-11-21 06:52:04 PM
Diogenes: That's funny. My friend's mom doesn't do gifts, cards, decorations...nuthing...because she's uber religious.

Just goes to show there's something we can all relate to.

/not religious
//not interested in blowing a wad of money on shiat no one needs either
 
2011-11-21 07:10:31 PM
Opiate of the Lasses: jaylectricity: I never understood why one member of a marriage buying a car for the other member of a marriage made any sense at all.

I'd be pissed if I came home and my wife used our money to buy a luxury car without telling me.

That just means you are [relatively] poor. All but one or two of the Lexus models are in the 5-figure range. Imagine you came home, and your wife had bought you an electric shaver, or some other trivial sub-$100 gift. Would you care? Probably not. When your liquid assets are in the 8 and 9 figures, buying a $40-80K car is just as inconsequential.

Not saying it's right, but there are people in this country who live lives and spend sums of money without a second thought that you can't even begin to conceive of.


A good electric shaver is well out of my price range; IIRC they're a bit over $100. I'd be upset at her for spending money we don't have. Yeah, I'm broke.
 
2011-11-21 07:42:53 PM
Carousel Beast: Occupy the gap!

That's what she said.
 
2011-11-21 08:20:20 PM
If you want real change, start banning Black Friday sales.
 
2011-11-21 08:20:47 PM
/Is it too late to trademark "Occupy The Mall"?
 
2011-11-21 08:24:22 PM
Occupy the Gap? What kind of filthy rich person shops at the Gap?
 
2011-11-21 08:33:44 PM
bdub77: Occupy the Gap? What kind of filthy rich person shops at the Gap?

What kind of anyone shops at The Gap?
 
2011-11-21 09:56:02 PM
GAP clothing is not made in the USA. Screw the GAP. Look for clothes made in America. It's hard, but not impossible.
 
2011-11-21 10:31:25 PM
Lunaville

GAP clothing is not made in the USA. Screw the GAP. Look for clothes made in America. It's hard, but not impossible.

There are no factories in the U.S. and A.

None. Unless you want buy the expensive crap from American Apparel.
 
2011-11-21 10:31:49 PM
stewbert: A good electric shaver is well out of my price range; IIRC they're a bit over $100. I'd be upset at her for spending money we don't have. Yeah, I'm broke.

The one I wanted until I found out how much it was is priced at $250.
 
2011-11-21 11:45:49 PM
Affluent households, or those who represent the top 10 percent of American wage-earning households, are expected to account for 23 percent of the total 2011 holiday spending this season, according to Harrison Group, a market research firm.

Uh... that's not much at all. Considering that the top 10% controls 80% of the wealth, accounting for 23% of holiday spending is surprisingly little.

Is that even right? Maybe it's supposed to read: "the top 1%"?
 
2011-11-22 03:44:29 PM
Harvey Manfrenjensenjen: Atlas Shrugged is about the productive members of society, not the 1%, going on strike.

I noticed this, too. John Chambers, the MARKETING GUY who runs Cisco, doesn't create anything. Except less valuable Cisco stock.

/favorited
 
2011-11-22 03:48:39 PM
Also, the headline includes the phrase, in quotes, "The One Percent," but the article is about the top 10% wage earners. Not The Same Thing.

I wonder if CNBC has an incentive to blur this line. You know, maybe to redirect some of that anger toward the suburbs.
 
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