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Message
Posted on 1/21/14 at 9:47 am to Taxing Authority
quote:
The solution here would seem obvious.
Well why don't you spell it out for the class
Posted on 1/21/14 at 10:17 am to bigblake
quote:
The counter-argument is that government is elected by people.
yea, but that's more of an illusion...plus the article was more of a global view.
quote:
To me, it seems a lot easier for a large number of "poor" people to coerce government into taxing the crap out of the 85 or so rich people.
Taxation really isn't, and never was, the answer to fighting wealth consolidation. Most would gladly trade paying a little more in taxes for a market more controlled to their advantage. Meanwhile the bottom gets further isolated buts "feels" better, never knowing they're being duped.
This post was edited on 1/21/14 at 10:19 am
Posted on 1/21/14 at 10:18 am to bigblake
quote:bullshite.
85 people have as much wealth as bottom half of world
LINK
[quote]The bottom half of the population — about 3.5 billion people — account for about $1.7 trillion
The 85 richest people on Earth are probably worth infinitely more than $1.7 trillion.
I would venture to say that the 85 richest people on Earth have as much wealth as about 90 percent of the rest of the world combined.
The article is just another example of the elite using the MSM to dumb down the population.
Posted on 1/21/14 at 10:19 am to TX Tiger
quote:
The article is just another example of the elite using the MSM to dumb down the population.
by even broaching the topic in the first place?
Posted on 1/21/14 at 10:22 am to TX Tiger
quote:
bullshite.
The 85 richest people on Earth are probably worth infinitely more than $1.7 trillion.
Perhaps you're not great with math. That would come out to an average net worth of 20 billion dollars. That sounds about right to me.
Posted on 1/21/14 at 10:22 am to TX Tiger
(no message)
This post was edited on 1/27/14 at 12:41 am
Posted on 1/21/14 at 11:57 am to bigblake
quote:When you are among the richest people/families in the world, you make the rules. Political agenda advantage probably isn't of great concern.
Umm, it'd probably be in their political agenda advantage to inflate that $1.7 trillion number.
quote:It is reported that The Rothschilds, for example, are worth an estimated $500 trillion. Anyone savvy enough to accumulate such wealth is probably also savvy enough to hide even more. So who knows what their actual worth is.
I wouldn't be surprised if it was less than that.
BTW, the Rothschilds purchased Reuters in the 1800s. Reuters then bought the Associated Press, which selects and delivers the same news stories to the entire world.
They also have controlling interest in three major television networks.
Fun fact: Before 9/11 Afghanistan and Iraq were reportedly among only seven countries left in the world whose central bank was not under Rothschild control.
After 9/11 only three remain. Iran is one. North Korea and Cuba are the other two.
Posted on 1/21/14 at 12:03 pm to TX Tiger
quote:
It is reported that The Rothschilds, for example, are worth an estimated $500 trillion.
Slow down there turbo
Posted on 1/21/14 at 12:03 pm to bigblake
quote:
We agree, just posting what's going to be "news" today.
Has anyone else noticed that since Obama declared Inequality as the big issue all the MSM is running with Inequality stories?
Posted on 1/21/14 at 12:29 pm to Powerman
quote:$500 trillion is an extremely conservative estimate. It's based on an assumption of only an 8% return on their holdings since 1931, when some speculate the return is near 100% per annum.
It is reported that The Rothschilds, for example, are worth an estimated $500 trillion.
Slow down there turbo
This post was edited on 1/21/14 at 12:35 pm
Posted on 1/21/14 at 12:44 pm to TX Tiger
quote:
some speculate the return is near 100% per annum.
So they could have a gargantuan bazillion?
Posted on 1/21/14 at 12:53 pm to wickowick
Let's put it this way...They don't change their own spark plugs.
Posted on 1/21/14 at 12:54 pm to TX Tiger
With liberty and justice for some
Posted on 1/21/14 at 12:54 pm to TX Tiger
quote:Perhaps in Zimbabwe $'s?
$500 trillion is an extremely conservative estimate.
FWIW, total world wealth is estimated at $241 Trillion.
Posted on 1/21/14 at 12:58 pm to TX Tiger
quote:
$500 trillion is an extremely conservative estimate.
so their net worth is over 5 times GWP?
Posted on 1/21/14 at 1:01 pm to ForeLSU
quote:That must be right, Jeff says so!
so their net worth is over 5 times GWP?
Posted on 1/21/14 at 1:03 pm to LSUnKaty
quote:I suspect those "reporting" it actually meant Trillion with a "B". They were only 1 letter off.
It is reported that The Rothschilds, for example, are worth an estimated $500 trillion
Most estimates fall in the $300 – $400 billion range.
Posted on 1/21/14 at 1:04 pm to bigblake
quote:and they're all on the OT
85 people have as much wealth as bottom half of world
Posted on 1/21/14 at 1:06 pm to NC_Tigah
quote:
$300 – $400 billion range
That doesn't sound nefarious enough. Let's stick with 'trillion'.
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