Jessica Max Stein

Suze Orman Says 'Occupied Wall Street: Approved!'

Filed By Jessica Max Stein | October 12, 2011 1:00 PM | comments

Filed in: Media, Politics
Tags: Occupy Wall Street, Suze Orman, top 1%, We Are the 99%

There's something deliciously ironic about American personal finance guru Suze Orman endorsing Occupy Wall Street, a protest against our country's gross wealth inequality. And yet her support makes total sense. suze_orman_approved.jpg

Orman's story is classic bootstrap rags-to-riches. The waitress turned broker turned self-help financial advisor uses her best-selling books, TV show, O magazine column and franchise ad nauseum to give no-nonsense financial advice to her eager, largely female audiences. Her professed $20 million net worth puts her well within the top 1% of Americans who own 40% of the country's wealth.

And yet Orman does not blame the 99% for its plight, instead calling out the banks and the government for their role in wealth inequality, and saying a public thank you to the grassroots endeavor.

I want to publicly say thank you to the Occupy Wall Street movement. Thank you for not accepting the status quo. Thank you for not assuming there is nothing to be done.

Twice named to Time magazine's 100 most influential people, Orman came out publicly as a lesbian in 2007 and last year married her partner, Kathy Travis, in a ceremony in South Africa.

For more enjoyment, after the break is Orman's It Gets Better video, and her "most favorite 'Can I Afford It' segment ever": Elf School.

Suze Orman It Gets Better Video

Can I Afford It? Elf School

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I do remember Orman saying (pre financial crisis) that you shouldn't consider retiring unless you have a million dollars saved for it.

Still, good for her. Anyone who understands economics or personal finance and isn't behind this movement is having his/her bread buttered by the other side.