U.S. wealth concentrated in too few hands

Discussion in 'Current Events' started by Chris, Oct 22, 2008.

  1. Chris
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    Chris Gold Member

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    The BBC reported startling economic equality figures in a recent documentary: the top 200 wealthiest people in the world control more wealth than the bottom 4 billion. But what is more striking to many is a close look at the economic inequality in the homeland of the "American Dream." The United States is the most economically stratified society in the western world. As THE WALL STREET JOURNAL reported, a recent study found that the top .01% or 14,000 American families hold 22.2% of wealth — the bottom 90%, or over 133 million families, just 4% of the nation's wealth.

    Bill Moyers Journal . Steve Fraser on Gilded Ages | PBS
     
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  2. dilloduck
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    dilloduck Diamond Member

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    Obviously we need to kill all the rich ones---I mean how easy can this get ?
     
  3. user_name_guest
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    user_name_guest Member

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    Wealth in two few hands. The wealth invisible hands is what moves every politician in Washington, especially the ones running for President. However, some of their words may be against it, but their influence remain hidden in the form of campaign contributions.
     
  4. editec
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    editec Mr. Forgot-it-All

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    The truly superwealthy have no fear of the working class because they know they can always hire one worker to kill another.

    They own the means of production, the banks, the governments, the courts, the laws are written to their advantage at every turn, and if push really comes to shove, they're not above hiring someone to step outside the law to solve their problems for them, either.

    This isn't drop dead obvious to most of you?
     
  5. Turboswede
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    Turboswede Very Metal

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    Why even post this, the left knew this already and the right will just claim that the earth is flat and that this report is just untrue.
     
  6. user_name_guest
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    user_name_guest Member

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    Added: They secretly endorse tax increases since it prevents people below them from reaching their status in wealth. They don't mind tax increases since they already fine with they have. They got theirs already. But if you want to join the club, too late buddy, Not vacant. Join the peasants. Unless of course you can do my bidding in Washington.
     
    Last edited: Oct 22, 2008
  7. dilloduck
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    dilloduck Diamond Member

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    I have no doubt it's true---So whats the problem? Are you envious of them ?
     
  8. xsited1
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    xsited1 Agent P

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    Since the Democratic Party is now the party of the Rich, perhaps they'll do something about it next year.
     
  9. Truthmatters
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    Truthmatters BANNED

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    10 percent hold 71 percent of American's net worth
     
  10. Jeepers
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    Jeepers Senior Member

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    Glad I'm one of those at the top end of the scale...
     

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