Top 1% gain 2X the wealth as rest of world - a food and energy pricing plot

[Toddsterpatriot]

Whoosh. Right over your empty head.

Aren't you cute!

Rich people......bad.

Government.....good.

 

[Papageorgio]

The elite right wing has convinced a large part of America that anything other than letting 1% grab everything is socialism marxism and my liberal left is just impotent at messaging.

Yeah, just the right wing rich

 

[gipper]

Aren't you cute!

Rich people......bad.

Government.....good.

Whoosh. There it is again.

 

[Toddsterpatriot]

Whoosh. There it is again.

Yeah, your idiocy went over my head.
Bring it back down to Earth.....with less estrogen, Lucy.

 

[gipper]

Yeah, your idiocy went over my head.
Bring it back down to Earth.....with less estrogen, Lucy.

We can only hope…and add your good buddy genocide Joe.

 

[Nobody911]

This was just published just the other day. It’s world wide not just US but it has some interesting stats on how much the top 1% grabbed the last few years. Basically the top 1% have colluded to raise prices on the world and netted $42 Trillion in wealth -more than 2X’s the gain of the remaining 99% of the world.

While you guys run around here and try to blame the poor for raising prices with their stimulus checks 3 and a half years ago the masters of industry laugh at you, take your money, and watch you fight for the scraps.

Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years | Oxfam International

The richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.

Billionaires have seen extraordinary increases in their wealth. During the pandemic and cost-of-living crisis years since 2020, $26 trillion (63 percent) of all new wealth was captured by the richest 1 percent, while $16 trillion (37 percent) went to the rest of the world put together. A billionaire gained roughly $1.7 million for every $1 of new global wealth earned by a person in the bottom 90 percent. Billionaire fortunes have increased by $2.7 billion a day. This comes on top of a decade of historic gains —the number and wealth of billionaires having doubled over the last ten years.

Billionaire wealth surged in 2022 with rapidly rising food and energy profits. The report shows that 95 food and energy corporations have more than doubled their profits in 2022. They made $306 billion in windfall profits, and paid out $257 billion (84 percent) of that to rich shareholders. The Walton dynasty, which owns half of Walmart, received $8.5 billion over the last year. Indian billionaire Gautam Adani, owner of major energy corporations, has seen this wealth soar by $42 billion (46 percent) in 2022 alone. Excess corporate profits have driven at least half of inflation in Australia, the US and the UK.

In 2024, America’s largest landowner is Red Emmerson. Red and his family own 2,411,000 acres in California, Oregon, and Washington through their timber-products company, Sierra Pacific Industries. The Emmersons became America’s largest landowners in 2021 when they acquired 175,000 acres in Oregon from Seneca Timber Company. With that acquisition, the Emmersons surpassed Liberty Media chairman John Malone’s 2,200,000 acres. CNN founder Ted Turner is America’s third largest landowner with 2 million acres in the Southeast, on the Great Plains, and across the West.

The Land Report 100 Research Team analyzes transactions and scours records to determine America’s leading landowners. That’s how we broke the news in 2020 that Microsoft co-founder Bill Gates was America’s largest farmland owner with more than 260,000 acres. That’s how we identified Shanda Investment Group founder Tianqiao Chen as the owner of almost 200,000 acres of Oregon timberland in 2024. It’s one of the many reasons why news organizations worldwide rely on the Magazine of the American Landowner to understand this asset class.

Greed is often seen as a negative trait, but in the context of capitalism, it can be seen as a driving force behind economic growth and innovation. Capitalism, with its focus on private ownership and the pursuit of profit, can create an environment where greed is incentivized and rewarded. The relentless pursuit of wealth and material gain can drive individuals and businesses to push the boundaries of what is possible, leading to advancements in technology, infrastructure, and industry. However, this unbridled pursuit of profit can also lead to exploitation, inequality, and environmental degradation. The relationship between greed and capitalism is complex, with both positive and negative consequences for society as a whole.

Source:
Top 100 Landowners - The Land Report – Top 100 Landowners - The Land Report

 

[petro]

Lol.
The very people who say eat the rich, vote them into office.

 

[Toddsterpatriot]

We can only hope…and add your good buddy genocide Joe.
View attachment 888477

Are you twice as emotional since your hormone treatments? Four times? Ten times?

 

[FranklinRoosevelt_FTW]

This was just published just the other day. It’s world wide not just US but it has some interesting stats on how much the top 1% grabbed the last few years. Basically the top 1% have colluded to raise prices on the world and netted $42 Trillion in wealth -more than 2X’s the gain of the remaining 99% of the world.

While you guys run around here and try to blame the poor for raising prices with their stimulus checks 3 and a half years ago the masters of industry laugh at you, take your money, and watch you fight for the scraps.

Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years | Oxfam International

The richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.

Billionaires have seen extraordinary increases in their wealth. During the pandemic and cost-of-living crisis years since 2020, $26 trillion (63 percent) of all new wealth was captured by the richest 1 percent, while $16 trillion (37 percent) went to the rest of the world put together. A billionaire gained roughly $1.7 million for every $1 of new global wealth earned by a person in the bottom 90 percent. Billionaire fortunes have increased by $2.7 billion a day. This comes on top of a decade of historic gains —the number and wealth of billionaires having doubled over the last ten years.

Billionaire wealth surged in 2022 with rapidly rising food and energy profits. The report shows that 95 food and energy corporations have more than doubled their profits in 2022. They made $306 billion in windfall profits, and paid out $257 billion (84 percent) of that to rich shareholders. The Walton dynasty, which owns half of Walmart, received $8.5 billion over the last year. Indian billionaire Gautam Adani, owner of major energy corporations, has seen this wealth soar by $42 billion (46 percent) in 2022 alone. Excess corporate profits have driven at least half of inflation in Australia, the US and the UK.

You’ve always claimed you’re doing wonderful and buying and owning a bunch of houses. What’s this post?

It’s the elite Democrats and neoconservative who support Ukraine… who gave us the lockdowns trillions of dollars raised the prices of gas.

As you point out, trillions of dollars were made by the elite during the lockdown, there was a transfer of wealth that would’ve never happened if there weren’t lockdowns.

 

[citygator]

You’ve always claimed you’re doing wonderful and buying and owning a bunch of houses. What’s this post?

It’s the elite Democrats and neoconservative who support Ukraine… who gave us the lockdowns trillions of dollars raised the prices of gas.

As you point out, trillions of dollars were made by the elite during the lockdown, there was a transfer of wealth that would’ve never happened if there weren’t lockdowns.

Wealth consolidation has been happening for decades. The pandemic simply gave cover to corporations to raise pricing adding more wealth to the top.

 

[martybegan]

You’re advocating doing nothing. Not me. Homelessness isn’t solved because it is highly a mental health issue and requires government support of homes with care which is too expensive for Christians and conservatives.

It isn't solved because perpetuating it keeps people in the government employ, as well as fattens up tons of contractors who do just enough so (most) of them don't die.

 

[citygator]

It isn't solved because perpetuating it keeps people in the government employ, as well as fattens up tons of contractors who do just enough so (most) of them don't die.

No. That is a narrative made up to have an excuse to not do anything. You feel good not organizing a solution because you say the solution is corrupt or whatever.. Social security doesnt bother you.

 

[martybegan]

No. That is a narrative made up to have an excuse to not do anything. You feel good not organizing a solution because you say the solution is corrupt or whatever.. Social security doesnt bother you.

No, it's what we see happening when localities throw tons of money into these issues with no accountability or metrics to measure success.

When you pay money for a bridge or a road repair, you get the bridge or the road repair. When you dump money into various "Services" what you get are tons of well paid civil servants and subcontractors who don't have to produce anything or show any concrete improvements to the situation.

 

[marvin martian]

This was just published just the other day. It’s world wide not just US but it has some interesting stats on how much the top 1% grabbed the last few years. Basically the top 1% have colluded to raise prices on the world and netted $42 Trillion in wealth -more than 2X’s the gain of the remaining 99% of the world.

While you guys run around here and try to blame the poor for raising prices with their stimulus checks 3 and a half years ago the masters of industry laugh at you, take your money, and watch you fight for the scraps.

Richest 1% bag nearly twice as much wealth as the rest of the world put together over the past two years | Oxfam International

The richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.

Billionaires have seen extraordinary increases in their wealth. During the pandemic and cost-of-living crisis years since 2020, $26 trillion (63 percent) of all new wealth was captured by the richest 1 percent, while $16 trillion (37 percent) went to the rest of the world put together. A billionaire gained roughly $1.7 million for every $1 of new global wealth earned by a person in the bottom 90 percent. Billionaire fortunes have increased by $2.7 billion a day. This comes on top of a decade of historic gains —the number and wealth of billionaires having doubled over the last ten years.

Billionaire wealth surged in 2022 with rapidly rising food and energy profits. The report shows that 95 food and energy corporations have more than doubled their profits in 2022. They made $306 billion in windfall profits, and paid out $257 billion (84 percent) of that to rich shareholders. The Walton dynasty, which owns half of Walmart, received $8.5 billion over the last year. Indian billionaire Gautam Adani, owner of major energy corporations, has seen this wealth soar by $42 billion (46 percent) in 2022 alone. Excess corporate profits have driven at least half of inflation in Australia, the US and the UK.

Covid was VERY good for DemoKKKrat politicians and billionaires.

That's your fault, by the way.

 

[Ringo]

The world's five richest men have more than doubled their fortunes to £688bn in three years - while the wealth of the poorest 60% has fallen, according to Oxfam

 

[Toddsterpatriot]

The world's five richest men have more than doubled their fortunes to £688bn in three years - while the wealth of the poorest 60% has fallen, according to Oxfam

Link?

 

[citygator]

No, it's what we see happening when localities throw tons of money into these issues with no accountability or metrics to measure success.

When you pay money for a bridge or a road repair, you get the bridge or the road repair. When you dump money into various "Services" what you get are tons of well paid civil servants and subcontractors who don't have to produce anything or show any concrete improvements to the situation.

Shania Twain, Oprah Winfrey Celine Dion, Demi Moore all grew up in homes that were on public assistance.

 

[martybegan]

Shania Twain, Oprah Winfrey Celine Dion, Demi Moore all grew up in homes that were on public assistance.

Exceptions to the rule.

 

[sparky]

~S~

 

[lg325]

MSN