link to the Citibank PLUTONOMY memo referenced in Capitalism: A Love Story

[nashville_brook]

http://www.scribd.com/doc/6674229/Citigroup-Mar-5-2006-Plutonomy-Report-Part-2

[SharonRB]

1. I got a message that this might be a bad site

I blocked it.

[nashville_brook]

2. i've never had any trouble with Scribd -- 50 million monthly users agree

Scribd is a document-sharing website which allows users to post documents of various formats, and embed them into a web page using its iPaper format. Scribd currently has more than 50 million monthly users and more than 50,000 documents are uploaded daily.

[HipChick]

4. got the message from where?

Never had a problem with that site myself..

[nashville_brook]

8. i've never received a message surfing there, either.

[AllentownJake]

13. Thanks

Nice to have a link to that to refute any of my GOP friends who say it doesn't exist.

[nashville_brook]

14. i was surprised at how long it's been around. March 5, 2006 is the date on it.

[ljm2002]

3. Thanks for the link...

...interesting reading.

[Ruby the Liberal]

5. I was just googling to try to find this.

Nothing came up.

Thank you!

[nashville_brook]

7. I googled "citibank memo plutonomy" -- there's some interesting commentary in other

places. some having to do with gold speculation, which is interesting b/c who could read this memo and come away with 'gold speculation' being the point of interest?

[Ruby the Liberal]

10. To a gold bug, everything is about gold speculation

I can see where they are getting that. References to gold being $800 and climbing.

[Ruby the Liberal]

6. The money shot is on page 10. nt

[Nikki Stone1]

9. Could you explain what this is for those of us not up on it?

Thanks

[Ruby the Liberal]

11. It is a theme in Capitalism

Internal Citibank memo about the trending of the rich to get richer, the gap between rich and poor to increase and how they plan to replace our system of democracy with a "Plutocracy" (a term they coined) and how they should capitalize on it.

If you go to that link in the OP and scroll to page 10, you will see exactly why Moore made the movie.

Edit to add: It is a single paragraph, halfway down the page under the heading Risks: What Could Go Wrong

[AllentownJake]

12. Citi Bank's report on how wonderful it is that 95% of the wealth

is controlled by 1% of the population.

It has this beautiful gem

"Whilst the rich are getting a greater share of the wealth and the poor a lesser share, political enfranchisement remains one person one vote"