World's 85 richest earn more than 3.5 billion poorest: UN

You hate rich people we get it. If they only ran their homes on solar like you refuse to do maybe you won't hate them so much.

Recognizing that having half the WORLD's wealth concentrated in the hands of 85 people (out of how many billion?) is a ******* problem does not equate to "hating rich people".

There is no problem but only the left with buckets of solutions in search of problems

Hats off to those 85 folks. Of course the human goal is to seek employment with the highest compensation. I never got there but they did. They won, I lost... IOW, life...

-Geaux
You're such a failure,man. :lol:
 
Recognizing that having half the WORLD's wealth concentrated in the hands of 85 people (out of how many billion?) is a ******* problem does not equate to "hating rich people".

There is no problem but only the left with buckets of solutions in search of problems

Hats off to those 85 folks. Of course the human goal is to seek employment with the highest compensation. I never got there but they did. They won, I lost... IOW, life...

-Geaux
You're such a failure,man. :lol:

I know... They out worked me. :mad:

-Geaux
 
Don't understand why the left keeps bring up what the rich make over the poor as if there never was a difference. Then on the next hand the left will tell us trickle down doesn't work. So what is it, the rich, by making more, are somehow ripping off the poor, or trickle down does actually work?

Actually, it really is the funneling of more money to the top.

I posted a couple of months ago about the difference between the Forbes Top Ten in the mid 1980s compare to today. Ross Perot was like number 1 or 2 with a worth of $2B. Now Bill Gates and Warren Buffett hold those spots at $72B and $58B respectively.

Even taking inflation into account, the difference is absolutely stunning: Gates would be worth a mere $36B and Ross Perot a paltry $4B.

And how does either of those effect your pay check?

From the Wall Street Journal just this morning....Why don't you ask THIS guy the same question.

Struggling Life-Insurance Companies Look to Middle-Class for Revival
ROSWELL, Ga.— Ray Burton isn't your typical insurance man.

From a spot in the pharmacy section of a Wal-Mart Supercenter in this Atlanta suburb, the 44-year-old MetLife Inc. MET -0.24% manager eyed a kiosk nearby that urged shoppers to "get life insurance today for only $5." That buys the first month of a policy with a death benefit of as much as $50,000.

The kiosks are part of a push by the biggest U.S. life insurer in assets to reverse a long slide in sales of life insurance to the middle class. """"

Struggling Life-Insurance Companies Look to Middle-Class for Revival - WSJ

The middle class is all but gone.
 
Don't understand why the left keeps bring up what the rich make over the poor as if there never was a difference. Then on the next hand the left will tell us trickle down doesn't work. So what is it, the rich, by making more, are somehow ripping off the poor, or trickle down does actually work?

Wealth is power, you know this, more wealth in fewer hands should worry anyone who does not want to live in a police state. We can already see it forming while conservatives think they can suck up to them and get better treatment, the fools.

So we have done much better in the world when a "poor" person takes charge? Hitler wasn't exactly a 1 percenter. Neither was Castro. My thoughts are that I would rather have a person who understand finance and is successful as leader then someone who took power because they were neither.

That said, what is your solution to this "problem?"

BTW, even thought the richest in Congress are Democrats could you please, please, clarify whether conservative, Republicans are the party of the poor rednecks or the rich luminati?


It's an interesting point but wealthy people tend to buy politicians rather than become politicians. There are no billionaires in congress, just the people the billionaires have bought to do their bidding. Any of the pro-corporate politicians you can think of in either party are not your leaders, they are there to keep the rabble in line.

I have no solution to it other than to continually send the message that there are some who do not trust them to do the right things by the populace at large and so far that mistrust has been well founded.


I was pretty clear on what I thought of conservatives, even the poorest act like temporarily embarrassed millionaires, it is not Communism to criticize the wealthy, nor should you feel compelled to defend them from criticism.
 
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And I probably have more money then a million or more people....
There will always be someone with more then me and I will always have more then
someone else.
 

World's 85 richest earn more than 3.5 billion poorest: UN

World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News



Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!
Does it occur to you the YOU earn more than 1.2 billion people and maybe more? How much of your income are YOU going to give away?

Don't let simple facts scare you into tossing out red herrings...Never has with your posts, why stop now.
Send half your income to somebody who makes $1.24 per day. Do it or STFU about it.
 
There is no problem but only the left with buckets of solutions in search of problems

Hats off to those 85 folks. Of course the human goal is to seek employment with the highest compensation. I never got there but they did. They won, I lost... IOW, life...

-Geaux
You're such a failure,man. :lol:

I know... They out worked me. :mad:

-Geaux

Your window dressing of Obama as Hitler and a also a communist are amusing and also demonstrates your extreme stupidity. Hitler hated the communists.
 
Does it occur to you the YOU earn more than 1.2 billion people and maybe more? How much of your income are YOU going to give away?

Don't let simple facts scare you into tossing out red herrings...Never has with your posts, why stop now.
Send half your income to somebody who makes $1.24 per day. Do it or STFU about it.

Again, more pixelated methane. Why don't you find some hard data to support your position rather than your inept opinions. Or is that too much to ask?
 
I know... They out worked me. :mad:

-Geaux

Your window dressing of Obama as Hitler and a also a communist are amusing and also demonstrates your extreme stupidity. Hitler hated the communists.

Yes, Obama is that evil. Thanks for pointing it out. Your the first to point it out and also the first to understand. Thanks

-Geaux

Thanks for pointing out your ignorance? No problem. I can do it with my eyes closed and one hand tied behind my back.
 
Your window dressing of Obama as Hitler and a also a communist are amusing and also demonstrates your extreme stupidity. Hitler hated the communists.

Yes, Obama is that evil. Thanks for pointing it out. Your the first to point it out and also the first to understand. Thanks

-Geaux

Thanks for pointing out your ignorance? No problem. I can do it with my eyes closed and one hand tied behind my back.

Ignorance... coming from progressive liberal? LMAO

Hello kettle.....

-Geaux
 

World's 85 richest earn more than 3.5 billion poorest: UN

World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News

The 85 richest people in the world have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in a report that highlights the 1.2 billion people who live on less than $1.25 a day.

The UN’s annual Human Development Report notes that overall poverty is declining throughout the world, but says worsening inequality risks reversing the trend to improvements in life span and income.

Canada placed No. 8 on the UN Human Development Index, a measure based on education, income, health and other measures of human well-being. It is among the group of nations considered to have very human development, with Norway at the top of the list.

That is better than last year, when Canada placed 11th, after making the top of the list in the 1990s.

Among the nations considered to have very poor human development are Niger, Congo, Mali, Haiti and Nepal.

Nearly one-third of people are poor or vulnerable to poverty, meaning they are not resilient in the face of natural or human-induced disasters and can slip further behind, according to the report.

Eradicating poverty is not just about "getting to zero, but about staying there," said UN human development head Helen Clark.
Call for universal access to social programs

The report calls for "universal access to basic social services, especially health and education; stronger social protection, including unemployment insurance and pensions; and a commitment to full employment, recognizing
that the value of employment extends far beyond the income it generates."

Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!

Of course you don't! Because YOU are like a jackal. You ONLY see that little piece of meat and YOU tear away at it then when
you eat it you claw and tear a piece from the other jackal. Pack of wild jackals only way they know is to destroy what others have.
Why are you not smart enough... intelligent enough to in your own space develop your own piece and make it grow!
Plain and simple vice known as Jealousy is what people like you suffer from!
Most of the 3.5 billion don't know or have the luxury of doing what you do ...complain about your share!
So why don't you and other jackals make your own million! Make your own way. Then do as the 85 people do give billions away!
You don't mention that do you?
YOU don't mention the following:
95.4% of households give to charity.

The average annual household contribution is $2,9742.

Americans gave $335.17 billion in 2013. This reflects a 4.4% increase from 2011.

Corporate giving held steady in 2013 at $16.76 billion.

Foundation giving increased in 2013 to $50.28 billion--a 5.7% increase from 2011.

In 2013, the largest source of charitable giving came from individuals at $241.32 billion, or 72% of total giving;
followed by foundations ($50.28 billion/15%), bequests ($26.81 billion/8%), and corporations ($16.76 billion/5%).

In 2013, the majority of charitable dollars went to religion (31%), education (16%), human services (12%),
and grantmaking foundations (11%).

Education experienced the largest giving increase in 2013, receiving 8.9% more than the previous year.

Charitable giving accounted for 2% of gross domestic product in 2013.2 (GDP 16.7 trillion or $334 billion)

Historically, charitable giving rises about one-third as fast as the stock market.

It is estimated that between $6.6 trillion and $27.4 trillion in charitable bequests will be made between 1998-2052

It is estimated total charitable contributions will total between $21.2 to $55.4 trillion in between 1998-2052

By the year 2055, some $41 trillion will change hands as Americans pass on their accumulated assets to the next generation.

95% of high net worth households give to charity.

62% of high net worth donors cite “giving back to the community” as a chief motivation for giving.

Last year, the greatest percentage of high net worth households gave to educational (80 percent) and basic needs (79 percent) organizations, followed by 69% to the arts, 65% to health related organizations, and 65% to religious organizations.

In 2013, 100 of the largest charities reported receiving 13% more in online donations, and 25 of these charities collected more than $10 million each in 2013 from online gifts.
Charitable Giving Statistics | NPTrust

Do something other then complain!!!
 
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Yes, Obama is that evil. Thanks for pointing it out. Your the first to point it out and also the first to understand. Thanks

-Geaux

Thanks for pointing out your ignorance? No problem. I can do it with my eyes closed and one hand tied behind my back.

Ignorance... coming from progressive liberal? LMAO

Hello kettle.....

-Geaux

How did Reagan's "trickle down" theory work? I'm not talking about you, although you try to make this all about you.

This was the biggest lie perpetrated on the American middle class and the poor. The propaganda was brilliant, though because the narrative and motions put into play was just the opposite: it was about keeping it at the top and anything that came down just went overseas. Henry Ford stated that he wanted his employees to also be his customers. Now CEOs just try to find new ways to cut payroll and transfer those jobs amongst the remaining employees.

95% of the clothing Americans wear is now made overseas. You get a CT scan at a local hospital and chances are the radiology department who reads it is in India. Go into any Target or Walmart and find ANYTHING made in America. After Hurricane Sandy thousands of mid-to-low level jobs with the major insurance carriers in the New York area went to the Philippines. The top 1% has sucked the money and the life out of this country.

So you take your fat azz and sit on your pension, Bubba. And let's hope your butt cheeks are air tight.
 

World's 85 richest earn more than 3.5 billion poorest: UN

World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News

The 85 richest people in the world have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in a report that highlights the 1.2 billion people who live on less than $1.25 a day.

The UN’s annual Human Development Report notes that overall poverty is declining throughout the world, but says worsening inequality risks reversing the trend to improvements in life span and income.

Canada placed No. 8 on the UN Human Development Index, a measure based on education, income, health and other measures of human well-being. It is among the group of nations considered to have very human development, with Norway at the top of the list.

That is better than last year, when Canada placed 11th, after making the top of the list in the 1990s.

Among the nations considered to have very poor human development are Niger, Congo, Mali, Haiti and Nepal.

Nearly one-third of people are poor or vulnerable to poverty, meaning they are not resilient in the face of natural or human-induced disasters and can slip further behind, according to the report.

Eradicating poverty is not just about "getting to zero, but about staying there," said UN human development head Helen Clark.
Call for universal access to social programs

The report calls for "universal access to basic social services, especially health and education; stronger social protection, including unemployment insurance and pensions; and a commitment to full employment, recognizing
that the value of employment extends far beyond the income it generates."

Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!

Of course you don't! Because YOU are like a jackal. You ONLY see that little piece of meat and YOU tear away at it then when
you eat it you claw and tear a piece from the other jackal. Pack of wild jackals only way they know is to destroy what others have.
Why are you not smart enough... intelligent enough to in your own space develop your own piece and make it grow!
Plain and simple vice known as Jealousy is what people like you suffer from!
Most of the 3.5 billion don't know or have the luxury of doing what you do ...complain about your share!
So why don't you and other jackals make your own million! Make your own way. Then do as the 85 people do give billions away!
You don't mention that do you?
YOU don't mention the following:
95.4% of households give to charity.

The average annual household contribution is $2,9742.

...............

Do something other then complain!!!

Oh, so then you're saying Obama's America is doing quite well! All that noise about Obama ruining this country....tsk, tsk.. I knew it was just a lot of rightwing propaganda.

I mean, if 95% of all American households are giving to charity, then we've got disposable income coming out our collective ass.
 
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15th post
Democrats so love the poor, they want every human to become one
 
This is why we need to reform the US Educational system; its does a terrible job educating people on how to succeed, but does a great job creating generation of uneducated dependent on government.

Gee, which Party does that benefit?
 
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This is why we need to reform the US Educational system; its does a terrible job educating people on how to succeed, but does a great job creating generation of uneducated dependent on government.

Gee, which Party does that benefit?

Absolutely---The education system is aware of the game. Why don't they bother to teach kids to be a successful capitalist ?
 
Thanks for pointing out your ignorance? No problem. I can do it with my eyes closed and one hand tied behind my back.

Ignorance... coming from progressive liberal? LMAO

Hello kettle.....

-Geaux

How did Reagan's "trickle down" theory work? I'm not talking about you, although you try to make this all about you.

This was the biggest lie perpetrated on the American middle class and the poor. The propaganda was brilliant, though because the narrative and motions put into play was just the opposite: it was about keeping it at the top and anything that came down just went overseas. Henry Ford stated that he wanted his employees to also be his customers. Now CEOs just try to find new ways to cut payroll and transfer those jobs amongst the remaining employees.

95% of the clothing Americans wear is now made overseas. You get a CT scan at a local hospital and chances are the radiology department who reads it is in India. Go into any Target or Walmart and find ANYTHING made in America. After Hurricane Sandy thousands of mid-to-low level jobs with the major insurance carriers in the New York area went to the Philippines. The top 1% has sucked the money and the life out of this country.

So you take your fat azz and sit on your pension, Bubba. And let's hope your butt cheeks are air tight.

One big business will create a hundred satellite businesses surrounding it.....the whole community or several communities thrive....you got 'trickle down'....

those foreign people are reaping the benefits of American big businesses moving overseas......we get cheaper clothing etc. but fewer jobs....

how do you think we bring back business and encourage more business in America....?
 
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