Eight People Are As Wealthy As Half The World's Population Combined

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Eight People Are As Wealthy As Half The World's Population Combined

Post by Riddick » 01-18-2017 01:01 AM

Warning of an ever-increasing and dangerous concentration of wealth, a new report reveals the world’s eight richest people (all men) control the same amount of wealth between them as the poorest 50%.

Released to coincide with the start of the week-long World Economic Forum, Oxfam, which produced the report, called the situation “beyond grotesque.” FULL STORY
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-18-2017 06:42 AM

Saw this in yesterday's paper. On the one hand, I'm sad because of the massive concentration of wealth in so few hands while so many go without.

On the other hand - isn't this supposed to be the personification of "the American Dream"?

What's missing? The plutocrats and oligarchs from across the globe in countries such as Saudi, Oman, UAE, China, Russia, Indonesia that we all KNOW have more than the individuals listed.

Sounds like a political story if you ask me........
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Doka » 01-18-2017 10:29 AM

Although, I may not care about some of these guys, especially, Bill Gates. They are Major employers of lots of people around the world. They are money creators, unlike government, who only knows how to take and redistribute, to themselves usually . Lot's of people have that turned around, due to Various brain washing, and a miss guided belief chiseled in stone.
----------------------------------------------------
Who are the 8 richest people in the world? All men, mostly Americans

http://www.denverpost.com/2017/01/16/ei ... st-people/
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Doka » 01-18-2017 11:30 AM

kbot wrote:Saw this in yesterday's paper. On the one hand, I'm sad because of the massive concentration of wealth in so few hands while so many go without.

On the other hand - isn't this supposed to be the personification of "the American Dream"?

What's missing? The plutocrats and oligarchs from across the globe in countries such as Saudi, Oman, UAE, China, Russia, Indonesia that we all KNOW have more than the individuals listed.

Sounds like a political story if you ask me........


I agree with you 100% Kbot, you notice they don't touch socialist countries like Cuba . The Castro's wealth must be phenomenal! They take ever bit of the money, pay $2.00 a week or month, the people are cut off from the rest of the world, eat what is allowed, do what is allowed, with no hope. From what I have observed not much is spent on maintenance or infrastructure, but spend a lot on brooms. But, Hey, they have health care! Maybe a few are content living in slavery, since most have known nothing else.

There are more examples, but it just falls on deaf ears, of those who think if It was just done right, it would be Utopia, except it will never be done "Right", not while there are humans on this planet!
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-18-2017 11:55 AM

Two words - Kuala Lumpur

These Are The 10 Richest People In Malaysia

Details Published on Wednesday, 02 March 2016 09:56

On Forbes’ annual listing of billionaires, for three consecutive years, Bill Gates is still the richest man in the world with a net worth of $75 billion among 1,810 billionaires in the world – and among them were some Malaysians too.

Malaysia now boasts 18 billionaires, up from 14 the previous year. Here’s the top 10 richest people in Malaysia, according to Forbes.
http://malaysiandigest.com/features/597 ... aysia.html

Granted these people are not "as rich" as those on the original thread, but the area is drawing a lot of American wealth.......
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Raggedyann » 01-18-2017 04:43 PM

Now a herd of billionaires have been given an official appointment to run the globe. These parasites have caused world wide unrest with economic inequality etc, etc. How can anybody think that they are going to suddenly become concerned with anything other than their own private club?
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-18-2017 06:08 PM

They ain't RA...........
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Doka » 01-18-2017 11:03 PM

THEY are not the parasites, they pay there own way, those that use any government program, could be labeled as such, but I really don't like the term.

I am happy that they are successful people, BEFORE, they entered government, not as proned to steal what they already have. Words like ,of good character, integrity, honor may have an opportunity to come back into our language, I will reserve the right NOT to judge before I see what their actions are 1st. What the people have been through even with the last 8 years, could make one bitter, and not be able To recognize "potential" any longer.

I am puzzled. It sounds like you all would have been happier with a country led by unsuccessful , losers? :confused: My that sounds familiar!
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-19-2017 06:52 AM

That's not my complaint at all Doka.

What concerns me is the trend toward globalization. So, while we have people such as Bill Gates who is very successful by all standards - you have to remember that his is the classic American Dream story of starting a company inside the proverbial garage and moving up - and what happens later is that his company starts sending work overseas. THAT is what worries and concerns me as there no longer appears to be even any pretense of national loyalty in the C-Suite anymore. And, I get it with the issues with stockholder accountability, but what we have as a country is a rush to the bottom in terms of lower wages and benefits all the while benefitting the stockholders and owners.

I think that at some point that there will be a breaking point or a "come to Jesus" moment in this country where the realities of earning a living wage and being able to support one's self and family will break upon the walls of corporate America and its goals of creating and amassing wealth for their own goals. At some point they will clash in a big way, and I think that we're starting to see some pushback via the Trump supporters, who are clamoring for more nationalism and protectionist policies which would punish American manufacturers that leave the country for cheap labor, and then import their products back into the US at a higher profit.

Not everyone can work at fast food counters or call centers........
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Doka » 01-19-2017 12:38 PM

kbot wrote:That's not my complaint at all Doka.

What concerns me is the trend toward globalization. So, while we have people such as Bill Gates who is very successful by all standards - you have to remember that his is the classic American Dream story of starting a company inside the proverbial garage and moving up - and what happens later is that his company starts sending work overseas. THAT is what worries and concerns me as there no longer appears to be even any pretense of national loyalty in the C-Suite anymore. And, I get it with the issues with stockholder accountability, but what we have as a country is a rush to the bottom in terms of lower wages and benefits all the while benefitting the stockholders and owners.

I think that at some point that there will be a breaking point or a "come to Jesus" moment in this country where the realities of earning a living wage and being able to support one's self and family will break upon the walls of corporate America and its goals of creating and amassing wealth for their own goals. At some point they will clash in a big way, and I think that we're starting to see some pushback via the Trump supporters, who are clamoring for more nationalism and protectionist policies which would punish American manufacturers that leave the country for cheap labor, and then import their products back into the US at a higher profit.

Not everyone can work at fast food counters or call centers........
----------------------------------------------------------------------------------
Quote:

"I think that at some point that there will be a breaking point or a "come to Jesus" moment in this country where the realities of earning a living wage and being able to support one's self and family will break upon the walls of corporate America and its goals of creating and amassing wealth for their own goals. "


Dear Kbot, The "Come to Jesus " moment has been here and gone. It was in November when the people boldly voted for Trump and against the other side of the coin Obama, Hillary Globalist agenda. It was an "either /or" proposition and just that simple. You seem to under the impression that All corporate entities are evil . That's like saying All Doctors, Muslims, Democrats, Republicans, and Hair Dressers and etc are evil. And that is just NOT TRUE. When humans lose the ability to DISCERN on an individual bases between what is good or bad, right or wrong, they pull out their broad brush and paint everything and everyone the same color. Whether it is true or not.

Not all things are black and white ,most live in the gray area where there is room to make decisions, to DISCERN between actions and ideologies of those that do not have the peoples or my best interest at the core of their spiel, most of us do have a built in BS meter , some even use it to their benefit .

In my opinion this last Election was one of the very rare black and white moments in our history or in my life, back to gray for me, as best I am capable of.
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Raggedyann » 01-19-2017 04:06 PM

Doka wrote:THEY are not the parasites, they pay there own way, those that use any government program, could be labeled as such, but I really don't like the term.

I am happy that they are successful people, BEFORE, they entered government, not as proned to steal what they already have. Words like ,of good character, integrity, honor may have an opportunity to come back into our language, I will reserve the right NOT to judge before I see what their actions are 1st. What the people have been through even with the last 8 years, could make one bitter, and not be able To recognize "potential" any longer.

I am puzzled. It sounds like you all would have been happier with a country led by unsuccessful , losers? :confused: My that sounds familiar!
So the oil barons and Wall Street billionaires that sucked the life out of America under every other administration now possess good characters, integrity and honor because they've been selected to run things by a new puppet?

Oh Lord! :confused:
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-20-2017 05:19 AM

Doka wrote:
Dear Kbot, The "Come to Jesus " moment has been here and gone. It was in November when the people boldly voted for Trump and against the other side of the coin Obama, Hillary Globalist agenda. It was an "either /or" proposition and just that simple. You seem to under the impression that All corporate entities are evil . That's like saying All Doctors, Muslims, Democrats, Republicans, and Hair Dressers and etc are evil. And that is just NOT TRUE. When humans lose the ability to DISCERN on an individual bases between what is good or bad, right or wrong, they pull out their broad brush and paint everything and everyone the same color. Whether it is true or not.

Not all things are black and white ,most live in the gray area where there is room to make decisions, to DISCERN between actions and ideologies of those that do not have the peoples or my best interest at the core of their spiel, most of us do have a built in BS meter , some even use it to their benefit .

In my opinion this last Election was one of the very rare black and white moments in our history or in my life, back to gray for me, as best I am capable of.
In this I think you're correct, but, we can also see the pendulum swing's arc back to the Far Left who are already digging-in their heels and vowing to delay, disrupt, impede every one of Trump's initiatives and push us even further along globalization's path.

I sincerely do believe that, at their core, corporations are inherently evil - and by that I do not mean the people running the system or working within it, as much as the system itself and how the system functions. It (corporate legal definition) exists solely to perpetuate its very survival at all costs - even to the point of injuring those who work for it. Corporations and those who believe firmly in the structure will do whatever they can to keep the corporation viable, whole and profitable - all the while shielding itself from any legal responsibility.

So, based on my admittedly very limited knowledge of corporations, I tend to think the worst and think Exxon Mobil, the Bhopal chemical disaster, the Tennessee Valley Authority, Goldman Sacs, etc. Perhaps if corporations and their leaders took responsibility for their actions when caught, rather than lawyering-up and letting injured parties suffer needlessly while their cases are being held, and the corporations spend enormous sums to lawyers, rather than smaller amounts to plaintiffs, they'd appear better in the public eye.

Here ion the east coast we're still reeling with centuries' worth of dead corporations and the environmental mess they left behind due to non-existent regulations. For example, across the border in RI, there is a street with houses on it. The grass in the yards is blue, which is due to cyanide leeching-up through the ground, which was due to a natural gas company doing some illegal dumping of the chemicals decades ago. Over time the chemicals leeched into people yards. They can't sell, or get remediation as the original company has been sold, resold and resold numerous times over the years - last I'd heard, globalization has swallowed-up the original company and it's now owned by some corporation in London - safe beyond the reach of American law...... meanwhile the kids are growing-up in a cyanide pit and the politicians have long stopped fighting as they don't have the resources. There was a case in Woburn, Mass outside Boston, that was being fought by Erin Brockovitch's company - another corporate=caused environmental disaster. The FDA's Superfund website is loaded with similar cases. And, that doesn't even address retail and finance or energy
There you go man, keep as cool as you can. Face piles and piles of trials with smiles. It riles them to believe that you perceive the web they weave. And keep on thinking free. (Moody Blues)

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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by kbot » 01-20-2017 12:15 PM

Here's your sign.........

Here's my approach - like I did with President Obama when he was first elected, and Bush43 before that when he was first elected, I'm willing to give Trump a shot. I certainly don't agree with everything he has to say and much of what he has said has raised concerns - if not outright hysteria and panic as it has done with some others. That being said, give the guy a shot. THIS (below) shows me that the deck is stacked against the middle-class/ lower-class Americans by people who don't even live here and want to broaden a globalist agenda - to the detriment of Americans.

Sorry. In this, I agree with Trump.......


Snippet:

Soros says he would like to see Trump fail as president

Billionaire investor and Democratic donor George Soros said in an interview Thursday that "people like me" would like President-elect Donald Trump to fail as president.

He made the comment during an interview with Bloomberg News at his annual media dinner at the World Economic Forum in Davos. The 86-year-old was recently in the news when he reportedly lost nearly $1 billion after Trump's election over a too-cautious approach to the market.

“I personally am convinced that he is going to fail,” Soros said. “Not because of people like me who would like him to fail. But because his ideas that guide him are inherently self-contradictory and the contradictions are actually already embodied by his advisers…and his cabinet.”

Soros Fund Management LLC has about 250 traders and manages about $30 billion. The billionaire took a more active role in the company in anticipation of turmoil in China and the European Union, the report said, citing people familiar with the matter.

Soros, who last year, called on a “global system of political decision-making,” came out strongly against Trump during the campaign. He reportedly contributed $7 million to Priorities USA Action and gave Clinton’s campaign the maximum $2,700 donation. He also contributed $5 million to a super PAC aimed at mobilizing Latinos and other immigrants in hopes to stop the Trump campaign.

Soros has a long history of contributing millions to liberal political causes, and pockets don't get much deeper than his. He ranked No. 23 in the latest Forbes richest men list.
http://www.foxnews.com/politics/2017/01 ... ident.html
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Doka » 01-21-2017 12:56 AM

Just thought I would mention that there is a pretty big Soros Topic on the Ship here viewtopic.php?f=125&t=50026
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Re: Eight People Are As Wealthy As Half The World's Population Combined

Post by Raggedyann » 01-21-2017 01:38 AM

Remember when the Republicans had a meeting on the night of Obama's inauguration and McConnell vowed to make sure Obama was a one-term President? McConnell failed, but I hope the Soros dream comes true. Karma is indeed a bitch!
Last edited by Raggedyann on 01-21-2017 04:11 AM, edited 1 time in total.
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