The Sheep Rule-----The Many are Poor---follow the few

(As a very young man, the Observer worked for the IRS during tax season. )

At the beginning of the tax season, it was depressing to key returns, because alas it was the many poor people sho typically rush to file returns. Of all of America, the rich comprise about 1%. Maybe you have noticed the disparity of wealth in America......like the largest disparity since the 1920's.

If you do not believe this, begin calling people and asking them to invest $5000 in an attractive investment. 99% of people simply don't have the money. And as a corollary, one of the ways of getting in trouble as a financial professional is to persist in marketing to these folks.