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Mon Jan 20, 2014, 09:30 AM

World's 85 richest have same wealth as 3.5 billion poorest

This discussion thread was locked as off-topic by Lasher (a host of the Latest Breaking News forum).

Source: MSN.COM

Please read this LBN article.
We all know that our world is very unequal but this "new MSM article is despicable.
85 elitists have more wealth than 3.5 BILLION poorest individuals.
We MUST Stop this. Whatever it takes.

Read more: http://www.nbcnews.com/business/worlds-85-richest-have-same-wealth-3-5-billion-poorest-2D11958883

12 replies, 1394 views

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Response to dotymed (Original post)

Mon Jan 20, 2014, 09:32 AM

1. Outstanding report!

Thank you!

''Money trumps peace.'' -- George W Bush, Feb. 14, 2007.

And they use all in their power to keep it.

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Response to Octafish (Reply #1)

Mon Jan 20, 2014, 09:39 AM

2. "Hip hip hooray. Smirk. Sneer." - RepubliCon Masters of SuckerPuppetry (R - 1%)

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Response to Berlum (Reply #2)

Mon Jan 20, 2014, 09:46 AM

3. Some call you the 'Have-Mores.' I call you 'My Base.'

That's Al Quaeda in Arabic.

In plain old English: Spawn of Wall Street and the Third Reich

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Response to dotymed (Original post)

Mon Jan 20, 2014, 09:58 AM

4. Wow!!! They must have worked really, Really, REALLY hard!!!

That's how you get rich. I mean, isn't that what we're told? To get rich you have to work hard?


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Response to dotymed (Original post)

Mon Jan 20, 2014, 10:29 AM

5. The New World Order wants everyone to be an indentured slave.....

and in addition THEY want to own your soul. It is wretchedly, obscenely, disgracefully disgusting! Slavery is ALIVE and well in the 21st Century on planet earth!

http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph













http://assets.motherjones.com/politics/2011/inequality-who'swinning_3.png

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Response to dotymed (Original post)

Mon Jan 20, 2014, 11:13 AM

6. We are talking 85 people

out of over 7 BILLION.

Other countries are taking to the streets .. not us in any kind of significant numbers.

This used to be illegal .. what a sham.

I sure hope Bernie Sanders runs as POTUS, I really believe he will make a difference.

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Response to dotymed (Reply #6)

Mon Jan 20, 2014, 11:40 AM

7. The confiscation of most of the wealth by very few has happened repeatedly throughout history.

Revolutions and the like, sooner or later, will correct the problem.

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Response to dotymed (Original post)

Mon Jan 20, 2014, 11:56 AM

8. We are willing to sacrifice 100 times+ the number of soldiers for war, so.....

...why don't we sacrifice these 80, take the money, and distribute it to the bottom half?

Sounds logical to me. The added benefit is people wouldn't want want it to make the top 80, so they's spend more or maybe even share more.

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Response to dotymed (Original post)

Mon Jan 20, 2014, 11:59 AM

9. A great disparity in wealth is often the result of great corruption in government.

"'Oxfam said that India's billionaires acquired their wealth in 'rent thick' sectors industries where profits are dependent on access to scarce resources "made available exclusively through government permissions and therefore susceptible to corruption by powerful actors, as opposed to creation of wealth.'"

http://www.nbcnews.com/business/worlds-85-richest-have-same-wealth-3-5-billion-poorest-2D11958883

That is not just a problem in India. It is one of the biggest factors in the growth of the disparity in wealth in the US. Christie is just one example of the corruption in our government at all levels. And Citizens United has not helped one bit.

India has age-old traditions that make economic mobility difficult, but what excuse to we have for modeling India? We know better. We just don't have the political will to elect the most honest candidates.

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Response to dotymed (Original post)

Mon Jan 20, 2014, 12:40 PM

10. "Some recommendations include

refraining from the dodging of taxes and avoid using economic wealth to seek political favors."

THIS is THE problem, right here. There is no example of corruption more obvious. It thwarts democracy at its most fundamental level. It has to end before we can focus on truly important issues, like preserving our biosphere.

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Response to dotymed (Original post)

Mon Jan 20, 2014, 02:18 PM

11. ^

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Response to dotymed (Original post)

Mon Jan 20, 2014, 04:27 PM

12. Very good article but I have to lock this thread.

As I said in my PM to you this morning, 1 to 4 paragraphs from the linked article should go in the Excerpt section. Your comments go in the Comments section. It appears you've not been available to edit this OP as I suggested. If you will soon let me know you are ready to do that, I will unlock this thread so that you can do so.

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