Happier Abroad Forum Community

The CEO got a huge raise. You didn't. Here's why.

http://news.yahoo.com/ceo-got-huge-rais ... nance.html

Cornfed it's the people who create credit, not the rich. The rich are the real producers of goods and services.

It's sad people cannot figure this out.

Moretorque wrote:Cornfed it's the people who create credit, not the rich. The rich are the real producers of goods and services.

It's sad people cannot figure this out.

Most of the rich don't deserve to be rich. They only got their wealth because of easy credit and the policies created by the Rothschild-owned central banks. People shouldn't even have billions of dollars because that only exists because of a pyramid scheme credit-based monetary system that creates indentured servants and slaves that earn most of the rich their billions. Without the central banks and current monetary system all that injustice would be over. A small group of people at the top of the would control almost all the wealth in the world. The rest at the bottom control very little. If all monetary systems failed it would be the rich that would lose the most which is why the central banks keep bailing out a select group of corporations, powerful banks, and monetizing the debt with QEs. There won't ever be an economic recovery or real increase in prosperity.

The world's richest 1% control 50% of all the wealth.
http://www.npr.org/blogs/thetwo-way/201 ... bal-wealth

World's 85 richest people have the same wealth as bottom 50% of the world's population
http://america.aljazeera.com/articles/2 ... eport.html

The Wealth Distribution

In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers).

http://www2.ucsc.edu/whorulesamerica/power/wealth.html

America isn't a rich country. America is a banana republic. One small elite caste at the top and a large caste on the bottom. panem et circenses

There is a group of the wealthiest who met recently to talk about "economic inclusiveness" less damage to the environment, etc, but it doesn't really mean anything and is just a publicity show unless they adopt some specific standards they agree to hold to. Basically we need a new deal 2.0 for the information technology age