The 1 Percent Club

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The 1 Percent Club’s Misguided Protectors

The Republican right is pushing back hard against the 99 percent movement and its focus on the widening chasm between the fortunes of the few at the summit of the income scale and everybody else. Newt Gingrich, who led the field of Republican presidential candidates last week, argued that the concept of the 99 percent versus the 1 percent is “un-American.” His rival Rick Perry, who led the Republican pack in September, answered a question about taxes and inequality by saying “I don’t care about that.”

This indifference is grounded in a proposition that has for decades dominated American debate over redistributive policies like steeper taxes for the rich: that inequality is an expected outcome of economic growth, and that efforts to tamp down inequality would slow growth down. As President Obama said in his speech in Kansas last week, this strain of thought goes back to at least the turn of the last century when “there were people who thought massive inequality and exploitation of people was just the price you pay for progress.”

Why, conservatives ask, would people exert themselves, study more and work harder if they could not reap extra rewards from the effort? Trying to fix inequities would only blunt incentives to work and invest. As Mr. Gingrich put it, “You are not going to get job creation when you engage in class warfare because you have to attack the very people you hope will create jobs.”

This argument is — at best — incomplete. Some inequality may be necessary to encourage investment for growth. But as recent research shows, intense inequality actually stunts growth, making it more difficult for countries to sustain the sort of long economic expansions that have characterized the more prosperous nations of the world.

The first chart, based on research by Andrew Berg and Jonathan Ostry, economists at the International Monetary Fund, reveals the link between inequality and the sustainability of economic growth. Igniting growth is easier than maintaining it. They found that in high-inequality nations spurts of growth ended more quickly, and often in painful contractions.

The chart reports inequality with the so-called Gini index, which is 0 when all households have the same income and 100 when all the income goes to only one household. It shows that regions with high inequality, like sub-Saharan Africa and Latin America, have recorded shorter periods of sustained economic growth since 1950 than regions with lower inequality like East Asia. The average stretch of robust growth among relatively equitable industrial countries lasted more than 24 years. In Africa the average was less than 14 years.

The economists found that income distribution contributes more to the sustainability of economic growth than does the quality of a country’s political institutions, its foreign debt and openness to trade, the level of foreign investment in the economy and whether its exchange rate is competitive.

It’s not too hard to see why. Extreme inequality blocks opportunity for the poor. It can breed resentment and political instability — discouraging investment — and lead to political polarization and gridlock, splitting the political system into haves and have-nots. And it can make it harder for governments to address economic imbalances and brewing crises.

Republicans might be tempted to dismiss such analysis as irrelevant to the United States, which is already highly developed. But as the second chart shows, inequality in America has soared over the last 30 years, approaching and even surpassing that in many poor countries. Today, America is an outlier among industrial nations. Its distribution of income looks closer to that of Argentina than, say, Germany.

So it is perhaps unsurprising that our recent economic crisis had some characteristics of boom-and-busts in less developed nations. It was triggered, in part, by 1 percenters on Wall Street persuading regulators to remove restrictions on their casino. It led workers to pile on debt to supplement falling incomes. It ended with a vast deployment of tax dollars to bail out fallen plutocrats. And our political system seems unable to deal with the aftermath.

The 1 Percent Club

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List Of One Percenters Motorcycle Clubs

Here is our list of one percenters motorcycle clubs (sometimes referred to as one percenter motorcycle gangs, biker gangs or bikie gangs, sorted in alphabetical order. Note that there may be many more 1% motorcycle clubs which are missing from the list.

If you don’t know what a one percenter is then start with our article “What is a one percenter motorcycle club?” before reviewing this list of one percenters motorcycle clubs.

Some of these one percent motorcycle clubs are based only in America, whereas others such as the Hells Angels Motorcycle Club, the Outlaws Motorcycle Club, the Pagan’s Motorcycle Club and the Bandidos Motorcycle Club have chapters throughout the world.

This list has evolved over time to also include clubs who are not one percenters themselves, but have been heavily associated with the outlaw lifestyle.

List Of One Percenters Motorcycle Clubs

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

R

S

T

U

V

W

X

Y

Z

List of one percenters motorcycle clubs – Outlaws MC Logo

This list of one percenters motorcycle clubs will be added to over time.

List of one percenters motorcycle clubs – Hells Angels Patches – Death Head Logo

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Joining the ‘1 Percent Club’ at Yosemite’s Laurel Lake

At our small campfire near Laurel Lake, tucked in a pocket at 6,490 feet in the Yosemite Wilderness, just a day’s hike in, the perfect quiet was broken by the hooting of a great horned owl that carried through the night.

We recognized it as the mating call of a male owl, where the final “whoooo” extended long and urgent across the lake. It was as if the owl were pleading, “I know you’re out there and I gotta have you or I’m a-gonna die!”

I poked the embers and looked up into a night sky so full of stars that it was difficult to pick out constellations and planets. The High Sierra air tasted clean and sweet, edged with a trace of pine duff.

Considering the moment, it seemed difficult to believe that as we hiked in, 22,000 people had jammed themselves into 7.5-square-mile Yosemite Valley, just 21 miles away. Finding a parking spot in the valley after 9 a.m. these days can feel as if you won the national park lottery.

Summer has arrived early in Yosemite, and with it, the split worlds of those who hike and camp, and those who do not.

Laurel Lake is near the northwestern boundary of Yosemite National Park and Stanislaus National Forest. The best trailheads are from the dam at Lake Eleanor or above the east side of Cherry Lake, both on a remote sector of the park border. From Lake Eleanor, it’s an 8.2-mile hike, one way, with a climb of 1,800 feet. Most can reach it in a day, no problem.

You end up at Laurel on the edge of forest, quiet and pretty. Several pristine campsites with rock fire rings are sprinkled around the lake. Starflowers were blooming at lake’s edge. Dragonflies were mating. In some spots, fresh pine pollen floated along the shore.

Laurel Lake is close enough to reach in a short trip. It also can be your first night’s camp for a more extensive expedition across the park’s alpine granite high country.

1 Percent Club

In 2020, the most recent year for which numbers are available, 5.2 million people visited Yosemite National Park. The same year, 70,300 hikers spent the night — 1.4 percent of those who visited the park.

At the same time, consider that Yosemite National Park spans 748,436 acres, and of that, 704,624 acres is designated as wilderness. That figures to 94.1 percent of the park.

The result is that 99 percent of the people are accessing 5 percent of the park, and only those in the 1 Percent Club are hiking, camping and taking in the wilderness experience.

In wilderness, no forms of mechanization (motors and bicycles) are permitted and cell phones don’t work. People are allowed to visit on foot or horseback, take it in, and then leave. A key paragraph in the Wilderness Act is this: “A wilderness, in contrast with those areas where man and his own works dominate the landscape, is hereby recognized as an area where the earth and its community of life are untrammeled by man, where man himself is a visitor who does not remain.”

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20th Jun 2020, 06:53 PM #1