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First-Ever Political Study of Top 1% Has Found Extreme Conservatism, Intense Political Involvement

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A year ago, to little public notice, the academic journal Perspectives on Politics published a landmark study, "Democracy and the Policy Preferences of Wealthy Americans," by Benjamin Page, Larry Bartels, and Jason Seawright; which reports that, among the American aristocracy, there exists pervasive extreme conservatism, and also a virtual non-stop involvement in politics by them -- in other words, it finds the same two things that writers have hypothesized to exist among aristocracies throughout all of human history. But, for the first time ever, these researchers have now attached precise numbers to these two hypotheses, and have established that this is the way aristocrats actually are. Consequently, the much-noted takeover of "Main Street" by "Wall Street" can be explained by the fact that the aristocracy are far more conservative, and also far more politically active, than the general population are.

73% of the respondents in this study were wealthier than $5 million. 36% were wealthier than $10 million. 22% were wealthier than $20 million. And 8% were wealthier than $40 million.

The wealthier the respondent, the more extreme was his or her extreme conservatism.

40% of the respondents had "Made Contact With" (which was a conspicuously undefined phrase in the study) the person's U.S. Senator.

37% had made contact with with his Representative.

12% had, with a White House Official.

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21% had, with an Official at a Regulatory Agency.

Of these "contacts," 44% were asserted to have been for private business reasons, such as to "try to get the Treasury to honor their commitment to extend TARP fund to a particular bank."

99% of respondents had voted in 2008.

84% said that they were paying attention to politics ""most of the time.' Asked how many days of the week they talk politics, the median response was five days. (More than one volunteered "all the time.')" So, now, we know whose brains are connected to Adam Smith's "invisible hand."

"Fully two-thirds contributed money to politics, giving an average of $4,633 to political campaigns or organizations over the previous twelve months." And, "A remarkable 21 percent ... solicited or "bundled' other peoples' political contributions."

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What, then, were their political issues, which so obsessed them?

70% were opposed to more federal regulation of "Small business."

87% were opposed to "responsibility of the government to reduce the differences in income between people with high incomes and those with low incomes." Studies of the general public showed that the comparable percentage among the public was 54%.

83% were opposed to the idea that "our government should redistribute wealth by heavy taxes on the rich." 48% of the general public were.

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I agree, "The richest tend to be the greediest." B... by David McElroy on Wednesday, Apr 2, 2014 at 3:48:23 PM
They are true conservatives, as found to constitut... by Eric Zuesse on Wednesday, Apr 2, 2014 at 4:51:45 PM
To David McElroy: PS: and how can you deny that ... by Eric Zuesse on Wednesday, Apr 2, 2014 at 5:19:30 PM
"The Republican Party isn't "conservative"?" No, a... by Charles Roll on Thursday, Apr 3, 2014 at 6:30:56 AM
Yes. Exactly so. But my "schema" as you call it, p... by Eric Zuesse on Thursday, Apr 3, 2014 at 2:43:51 PM
Well, it's something of a confused outline that yo... by Charles Roll on Friday, Apr 4, 2014 at 6:54:27 AM
PPS: I just noticed you say "The Declaration of I... by Eric Zuesse on Wednesday, Apr 2, 2014 at 5:34:37 PM
You obviously do not know about what really start... by Lance Ciepiela on Wednesday, Apr 2, 2014 at 10:00:23 PM
Yes, I don't like deceivers. But fortunately, you ... by Eric Zuesse on Thursday, Apr 3, 2014 at 6:10:53 AM
Ya sure, the Declararation of Independence cannot ... by Charles Roll on Thursday, Apr 3, 2014 at 12:32:37 PM
The Declaration of Independence was a radical docu... by David Mills on Wednesday, Apr 2, 2014 at 10:05:33 PM
I think it depends on the definition of "conserva... by Hosea McAdoo on Friday, Apr 4, 2014 at 10:47:38 AM
I have two big objections to extending the meaning... by Charles Roll on Sunday, Apr 6, 2014 at 12:00:50 AM
Consider this, from the wikipedia article -The Am... by Charles Roll on Sunday, Apr 6, 2014 at 12:23:24 AM
Next you're gonna tell me someone did a study of c... by Samson on Wednesday, Apr 2, 2014 at 3:56:52 PM
You're obviously comfortable with the lies you lo... by Eric Zuesse on Wednesday, Apr 2, 2014 at 5:01:10 PM
".. In an interview about the propo... by Lance Brofman on Wednesday, Apr 2, 2014 at 10:26:04 PM
Charles Dickens books are full of characters whose... by Derryl Hermanutz on Wednesday, Apr 2, 2014 at 10:26:05 PM
It's also interesting how Dickens became "classic... by Guglielmo Tell on Wednesday, Apr 2, 2014 at 11:34:31 PM
So it's true money can make you a monster, is it? ... by Mort Persky on Thursday, Apr 3, 2014 at 12:36:53 AM
There exists pervasive extreme conservatism, and ... by Charles Roll on Thursday, Apr 3, 2014 at 2:00:30 PM
If the reality is that there is no overwhelming s... by Charles Roll on Thursday, Apr 3, 2014 at 2:10:34 PM
Re. your "Conservatism is defined as 'cautious ab... by Eric Zuesse on Thursday, Apr 3, 2014 at 3:28:31 PM
How would you be able to categorize Adolf Hitler ... by Charles Roll on Friday, Apr 4, 2014 at 6:19:02 AM
You are talking about "conservatism" as the arist... by Eric Zuesse on Friday, Apr 4, 2014 at 6:30:06 PM
You are talking about a myth; I am talking about ... by Charles Roll on Friday, Apr 4, 2014 at 10:31:46 PM
Science works like this: Newton measured gravitati... by Charles Roll on Friday, Apr 4, 2014 at 10:33:46 PM
Policy preferences differ greatly between The Very... by Phil Emmi on Monday, Apr 7, 2014 at 3:25:43 PM