Quotes from Kenneth J Guest

Pollution from garbage, sewage, and agricultural fertilizer runoff, combined with overfishing and spills from offshore oil drilling, may kill off edible sea life completely by 2048.

Percentage of Population* Percentage of Private Wealth Number of People Top 1% of Population 35.6% 3,000,000 people Next 19% of Population 51.6% 57,000,000 people Bottom 80% of Population 12.8% 240,000,000 people

The top 1 percent of all U.S. households owns 38.3 percent of all stocks. The top 10 percent owns roughly 81 percent. The bottom 90 percent owns just over 18 percent of the stocks held by households in the United States (Table 11.5). Fully 50 percent of U.S. households own no stocks. Even among those who do hold stocks, most own them through pension and retirement funds, where they are not accessible for general use.

In another surprising statistic about the transfer of wealth from generation to generation, only 1.6 percent of Americans receive $100,000 or more in inheritance. Another 1.1 percent receives $50,000 to $100,000. The rest of the population — 97.3 percent — receives no inheritance whatsoever