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Capitalist Magazine Seeks to Reap Profit By Exploiting ‘99%’ With Annual Distinction

By Doug Powers  •  December 14, 2011 10:34 AM

**Written by Doug Powers

Nice try, Time, but this obvious and cheap attempt to sell magazines and make money for your Wall Street masters by exploiting those engaged in a struggle against the greedy upper one percent will not go unnoticed:




TIME magazine revealed the 2011 choice for its iconic Person of the Year cover live on TODAY Wednesday. The Protester is this year’s choice, managing editor Rick Stengel told Matt Lauer and Ann Curry.

“There was a lot of consensus among our people,” Stengel told the TODAY anchors as he revealed the magazine’s cover. “It felt right.”

As it has for the past 84 years, the weekly newsmagazine selected the person (or sometimes group, or thing) that its editors deemed had the single greatest impact during the past year, for better or for worse.

I had a feeling this was coming… too bad they didn’t use my cover idea:


The 99ers’ adversary — the one percent — were also under consideration for Person of the Year, but since some of the one percent were choosing the winner it was deemed to be a conflict of interest.

Update: Ed Driscoll has a similar Time cover here.

**Written by Doug Powers

Twitter @ThePowersThatBe

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