Rich get richer, but don't you DARE call it "class warfare"

[ck4829]

The rich grew richer last year, even as the world endured the worst recession in decades.

A stock market rebound helped the world's ranks of millionaires climb 17 percent to 10 million, while their collective wealth surged 19 percent to $39 trillion, nearly recouping losses from the financial crisis, according to the latest Merrill Lynch-Capgemini world wealth report.

Stock values rose by half, while hedge funds recovered most of their 2008 losses, in a year marked by government stimulus spending and central bank easing.

"We are already seeing distinct signs of recovery and, in some areas, a complete return to 2007 levels of wealth and growth," Bank of America Corp (NYSE:BAC - News) wealth management chief Sallie Krawcheck said.

http://finance.yahoo.com/news/Worlds-rich-got-richer-amid-rb-2551769401.html?x=0

It's not "redistribution of wealth" when the wealth gets distributed upwards.