Obscene wealth: World’s 85 richest have same wealth as 3.5 billion poorest

Obscene is a good adjective although I can think of many more to describe people who accumulate so much wealth while hundreds of thousands of their fellow human beings starve to death each day. Imagine thinking about that.  But do they? Three and a half billion people vs 85. The inhumanity of it all.

The report, titled “Working for the Few,” was released Monday, and was compiled by Oxfam – an international organization looking for solutions against poverty and injustice. A total of 210 people became billionaires last year, joining the existing 1,426 billionaires with a combined net worth of $5.4 trillion.

Five trillion dollars. That’s 5 with 12 zeroes. What the hell can these people possibly do with their billions of dollars?  Can you spend it all? What would you spend it on? How many chalets? How many cars? How much jewelery?

What’s the point of it all? We all end up in the ground after x-years.

A survey in six countries (the US, UK, Spain, Brazil, India and South Africa) showed that a majority of people believe that laws are skewed in favor of the rich,” the report said.

Really? We Americans believe that? Do we? Well, we who attend to this blog know, but what about them? Do the know but don’t figure that there is much they can do about it? Do they get their daily dose of right-wing media medications which block their logical reasoning center in the brain?

Why is the highest tax bracket only in the low 30’s? How did it get that low? Who voted for the representatives who did that? Did they know that their reps would vote in favor of the rich? Was the propaganda too strong?

Now, decades later, the chickens are coming home to roost. Unemployment, recession, tight money, stagnant wages, union-busting, lower standard of living.  Who knew? Who could have predicted this?

Who?

EVERYBODY should have.

Why not?

Ignorance and propaganda.

Yeesh!

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16 thoughts on “Obscene wealth: World’s 85 richest have same wealth as 3.5 billion poorest

  1. I have a child who is in that 1% group. He and his girl-friend left Saturday for
    Utah and a week at the Sundance Film Festival! He could have at least asked me to go along, lol….

  2. Report prior to the POST demonstrates that 95% of all the money created
    from 2009 has gone to the top 1%, my friend.

    My mutual fund gained 30% in 2013. That’s a lot of passive income! My “bombastic bushkin” adviser says to let in ride again in 2014……..

  3. Looked in vain for your call last night, lol.

    As we know Revelation is concerned about “the beast”, the mark, and the
    number 666. The speaker claims these are already identified. The “mark”
    is the change from honoring god on the Sabbath and moving it to Sunday.

    The number 666 is taken from the Latin: VICARIUS FILII DEI. This motto
    is assigned the value of roman numbers: V or U is 5, l is 1, L is 50, and D
    is 500. The other letters have no roman number, so they are 0. Add it up
    and what you get is 666.

    The bible says that number will be the forehead of the “Beast”. My friends
    that motto is found only in one place today. It’s on the hat worn over the fore head of the Pope only!
    head

  4. No class last night or tonight. I was given a new hard bound bible Tuesday
    night. I am waiting on the plea for a donation “to keep his ministry alive.”

    There will be a baptizing by immersion coming up at the completion of class.
    The only saving baptism is that sanctioned by Christ, i.e., immersion, and not the traditional infant baptism, which is in violation of God’s law

    OBSERVATION:
    Many mixed racial couples in attendance. Why, do
    you suppose? The male is black. and the female is white. No exception.
    In a number it is usually a younger black male with the older white female.
    And, these couples are totally acceptable by the community. It is very interesting to watch the inter-play. Maybe your psychologist can help
    explain?

    1. A new Bible, eh? The Book of Myth? I’m doing my next post on the greatest myth ever sold, aka the Bible- Old Testament.

      Mixed? Don’t know but here the gender/race is almost the same.

  5. Hello UTF, I’m not sure where you got the info on the Pope, but it is incorrect. VICARIUS FILII DEI translates to “Vicar of the son of God” The only problem is that this is a title that has never been used for the Pope. It was most likely originally used just so some “Intelligent” people could put the 666 moniker on the Pope. The correct title of the high holy hatted one is Vicarius Christi, or “vicar of Christ”.

    When I was in high school some of my friends listened to a band named 311. I never really got into them, but I would listen. Some kids started saying 311 was a white power band, because the eleventh letter of the alphabet is K. So 311 translated to KKK. Sounded good if you were a retarded high school kid. Only one problem. The band has two members of Latino decent, and one black dude. So unless the KKK decided to include blacks and browns????????? I just thought this story fit well with your comment. I hope you had a Merry Christmas and all is well.

  6. “Imagine that! One more huckster bamboozling the ignorant masses.”

    Hello and a Happy New Year to you Muddy. I hope you’re not referring to the Pope with this statement. After all, we finally have one that condemns greed, capitalism, and anti-gay sentiment. If you refer to that man as a “Huckster”, I have to wonder how “Progressive” you really are.

    1. Hi JOB and Happy New Year to you.

      The huckster to whom I referred is the preacher who is hosting the 666 lectures that UptheFlag is attending.

      It seems that an inordinate number of Americans turn their brains over to hucksters both religious and political.

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