Using "the top 1%" as your scapegoat is very clever, because it's such a narrowly defined group that it can actually get some majority support behind it. Past democratic/populist movements have tried to blame "the rich" or the top 10% , but that never works since 20-30% of people think they are in the top 10% (or will be soon), and then another 20% will oppose you just because you're a democrat, and another 20% will oppose any kind of redistribution, and the result is that you can't get a majority. The "top 1%" is a mysterious group that nobody personally knows, they live in crystal castles and somehow screw us all over.
But that's where I find the whole movement to be rather depressing. It's not actually a new movement towards more realistic, humble governance. It's yet another call for a free lunch.
The real problem with American politics goes back to the voters. Nobody is ever willing to see the big picture and do what's good for the country. Everyone wants their taxes lower. They want their services increased. It's somebody else who can get higher taxes and get a service cut.
And the whole Occupy/1%er movement is the same thing. It's not our fault that the country is so fucked and we don't have jobs. It couldn't be because we act like a herd of buffalo bidding up houses and jumping on stocks just before they tank. It couldn't be because we ran up massive personal debts to buy imported crap. It couldn't be because we chose to get useless educations. It couldn't be because we refuse to raise taxes. It couldn't be because we slash education and infrastructure spending that would help our country develop. No, it's those top 1% ! They're somehow manipulating markets and controlling government and screwing us all over!
(not related to my main point, but another funny bit is that the *actual* poor are completely missing from this movement; it's always the middle class or maybe lower-middle class who are in a bit of a hard spot; if you watch the news about foreclosures, it's always some white people in a suburban 3000 square foot tract home whining about their foreclosure. We have 15-20% of our population in serious fucking big time poverty (the official poverty line is crazy low; $10k a year for one person, $20k for a family of four, a more reasonable definition would make the number even higher). This is not a small group, but they are completely invisible from modern politics, the news, and all these populist movements. That's very intentional, I believe, because the democrats/populists know that the truly poor are politic poison. When you get a bunch of blacks, homeless, immigrants, etc. in your rallies, that's when the Republican opposition calcifies against you. Plus it's just not news; we know we have massive embarassing ghettos where people are barely scraping by, and we don't care and we don't want to hear about it).