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Posted: 1/19/2015 9:38:25 AM EDT
[#1]
Progressive hit piece!!
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Posted: 1/19/2015 9:39:01 AM EDT
[#2]
FPNI.
Wealth is NOT a zero sum game. |
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Posted: 1/19/2015 9:39:44 AM EDT
[#3]
I wish I knew their secret
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Posted: 1/19/2015 9:41:12 AM EDT
[#4]
Quote HistoryQuoted: Progressive hit piece!! Do expect anything less from CNN
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Posted: 1/19/2015 9:43:17 AM EDT
[#5]
God, I hope so. I love the fact that people can become wealthy beyond my own imagination. Think of the cool shiot those people will do with all of that money. New companies created from whole cloth based on their investments. Whole regions uplifted soely because of their philanthropy. Jobs, new scientific discoveries, more goods and services purchased, the list is endless.
I hope every single one of us becomes so rich through our own work and planning that the 1% includes 5 or 6 billion of us. Class warfare is a stupid, stupid premise to hang your worldview on. |
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Posted: 1/19/2015 9:43:19 AM EDT
[#6]
You do realize that 1% of 260,000,000 people is 2.6 million people right? It is not surprising that 2.6 million people that work really hard and reinvest in business own more than the other 258 million people.
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Posted: 1/19/2015 9:43:20 AM EDT
[#7]
Class warfare. Never been done before.
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Posted: 1/19/2015 9:43:58 AM EDT
[#8]
Set up a system where 1/2 of the people don't have to work and we wonder
why those same people are perpetually broke? |
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Posted: 1/19/2015 9:45:31 AM EDT
[#9]
And yet, them being rich doesn't make me, or anyone else poor.
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Posted: 1/19/2015 9:45:42 AM EDT
[#10]
Quote HistoryQuoted: Set up a system where 1/2 of the people don't have to work and we wonder why those same people are perpetually broke? |
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Posted: 1/19/2015 9:45:53 AM EDT
[#11]
Any zero expanation about the reason... Seems when the Fed pumps billions into the market to 'increase liquidity' it goes into companies/entities that were already owned by the rich. As a result the rich get richer. Did they really believe the 99% owned those companies in the first place? Just another symptom of the government creating a situation and then screaming about the evil capitalists. BTW, what did the infusion of all that cash do to the actual value of the dollar? If the Saudis were not pumping oil like crazy, the global oil market would still be selling oil at $100 a barrel - not because oil increased in value, but rather the dollar decreased in value.
ETA. According to Gallup, the median annual household income worldwide is $9,733, and the median per-capita household income is $2,920, this means that even the U.S. welfare recipient is part of the 1%. |
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Posted: 1/19/2015 9:46:23 AM EDT
[#12]
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. i DON'T REALLY CARE WHAT THEY OWN. |
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Posted: 1/19/2015 9:48:13 AM EDT
[#13]
Quote HistoryQuoted:
You do realize that 1% of 260,000,000 people is 2.6 million people right? It is not surprising that 2.6 million people that work really hard and reinvest in business own more than the other 258 million people. especially when 90 million do jack shit all day except doing drugs and having more out of wedlock babies on welfare. |
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Posted: 1/19/2015 9:49:35 AM EDT
[#14]
If they busted their ass to get that money then they are probably employing a shitload of people.
If they inherited the money then it is probably invested in something that employs a shitload of people. |
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Posted: 1/19/2015 9:49:57 AM EDT
[#15]
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. Obama's was in charge here... |
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Posted: 1/19/2015 9:50:03 AM EDT
[#16]
The libs are getting desperate and resorting to the old class envy card....zero has been pulling this lately too.
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Posted: 1/19/2015 9:53:50 AM EDT
[#17]
Quote HistoryQuoted:
Obama's was in charge here... Quote HistoryQuoted:
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. Obama's was in charge here... You think this article is suspiciously timed to coincide with our commander in chief's sotu address? 
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Posted: 1/19/2015 9:54:19 AM EDT
[#18]
Don't care and personally don't understand the hatred the left has for the wealthy.
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Posted: 1/19/2015 9:54:39 AM EDT
[#19]
Quote HistoryQuoted:
You do realize that 1% of 260,000,000 people is 2.6 million people right? It is not surprising that 2.6 million people that work really hard and reinvest in business own more than the other 258 million people. Yep, not to mention the majority of their wealth is tied up in business asstets, not in scrooge mcduck swimming pools of money. Take away and split up their assets, business, property and watch that wealth dissappear. |
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Posted: 1/19/2015 9:55:12 AM EDT
[#20]
Given the majority of the super rich, do nothing, didn't earn their wealth and are hardcore leftists, who will use their money to fuck up the country and generally sabotage everything...
...I always get a little chuckle when people on the right demand we do nothing except let them play without consequence. Low information voters and all that. |
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Posted: 1/19/2015 9:55:20 AM EDT
[#21]
Quote HistoryQuoted:
The libs are getting desperate and resorting to the old class envy card....zero has been pulling this lately too. You cannot count on the general public to be smart, but you can count on many of them being envious of others. That is the Democrat voting block. |
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Posted: 1/19/2015 9:56:41 AM EDT
[#22]
Quote HistoryQuoted:
You do realize that 1% of 260,000,000 people is 2.6 million people right? It is not surprising that 2.6 million people that work really hard and reinvest in business own more than the other 258 million people. Its not just the US population. They are talking "global wealth" so I assume they are talking 1% of the global population. The numbers aren't the least bit shocking or troubling at all. Especially considering they are counting every primitive native community in Africa and South America. Not to mention the billions living in the various undeveloped nations of the world. And as a previous poster said, its not a zero sum game anyway. |
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Posted: 1/19/2015 9:56:59 AM EDT
[#23]
Two questions for you, OP:
1. Why are you concerned with how much someone else owns? 2. Why do you not own more? |
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Posted: 1/19/2015 9:59:27 AM EDT
[#24]
Own more than us? They are talking globally OP. YOU are the 1% they are talking about because you aren't living in a grass hut. The 99% mentioned in that story has an average wage of $1.25/day.
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Posted: 1/19/2015 10:00:54 AM EDT
[#25]
Quote HistoryQuoted:
Yep, not to mention the majority of their wealth is tied up in business asstets, not in scrooge mcduck swimming pools of money. Take away and split up their assets, business, property and watch that wealth dissappear. Quote HistoryQuoted:
Quoted:
You do realize that 1% of 260,000,000 people is 2.6 million people right? It is not surprising that 2.6 million people that work really hard and reinvest in business own more than the other 258 million people. Yep, not to mention the majority of their wealth is tied up in business asstets, not in scrooge mcduck swimming pools of money. Take away and split up their assets, business, property and watch that wealth dissappear. Only for a short time. If you took all of the riches in the world from the wealthy and gave it to the poor, it wouldn't take long, at all, for the once wealthy to be wealthy again and the poor to be right back where they started. |
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Posted: 1/19/2015 10:03:48 AM EDT
[#26]
Quote HistoryQuoted: Given the majority of the super rich, do nothing, didn't earn their wealth and are hardcore leftists, who will use their money to fuck up the country and generally sabotage everything... ...I always get a little chuckle when people on the right demand we do nothing except let them play without consequence. Low information voters and all that. Right on brother. I say that at the end of Q4 every year everyone writes a check for the total value of their assets to fedgov. After processing and reallocation, we begin Q1 sometime after Valentines day and the whole game starts over fresh and clean. Zero interference, no special interests, no special favors. I mean, the federal government basically owns everything anyway so why not just let them divide it up fairly and equally? |
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Posted: 1/19/2015 10:08:26 AM EDT
[#27]
Interesting, in that the Article is a call for Global communism.
WTF are we supposed to do about Global inequalities? CNN really is the Communist News network. Meanwhile, the "global elite" members had an average wealth of $2.7 million each last year, it says. The report comes a day before President Barack Obama is expected to unveil proposals that close tax breaks on the wealthy. So, if you have a house in an expensive neighborhood, and a decent retirement account, you are a member of the "Global Elite" and therefore a sheep to be sheared. |
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Posted: 1/19/2015 10:11:46 AM EDT
[#28]
Quote HistoryQuoted:
Given the majority of the super rich, do nothing, didn't earn their wealth and are hardcore leftists, who will use their money to fuck up the country and generally sabotage everything... ...I always get a little chuckle when people on the right demand we do nothing except let them play without consequence. Low information voters and all that. lol |
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Posted: 1/19/2015 10:12:51 AM EDT
[#29]
Quote HistoryQuoted: Interesting, in that the Article is a call for Global communism. WTF are we supposed to do about Global inequalities? CNN really is the Communist News network. Meanwhile, the "global elite" members had an average wealth of $2.7 million each last year, it says. The report comes a day before President Barack Obama is expected to unveil proposals that close tax breaks on the wealthy. So, if you have a house in an expensive neighborhood, and a decent retirement account, you are a member of the "Global Elite" and therefore a sheep to be sheared. a flush toilet, and hot and cold running water in your home, you are part of the global elite. Capitalism and the free market can NOT make everyone equal. It can however create something that is an anomaly in all of human history......fat poor people. That is why so much of the world hates America. We have fat poor people. In other countries, fatness can be a sign of wealth because it shows you have the money to indulge on food. So how does it make everyone else feel when our FSA is fat? But I guarantee that socialism and communism can make everyone equally poor and miserable.
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Posted: 1/19/2015 10:12:55 AM EDT
[#30]
Equality is a myth.
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Posted: 1/19/2015 10:15:18 AM EDT
[#31]
They are not rich in a vacuum. They employ one hell of a lot of folks to be able to stay that way.
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Posted: 1/19/2015 10:16:49 AM EDT
[#32]
Quote HistoryQuoted: I wish I knew their secret Crony Capitalism, Socialism, Corruption, Old Family Money. The majority of those they mentioned are us. But the truly super rich are socialistic leftist assholes. |
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Posted: 1/19/2015 10:20:02 AM EDT
[#33]
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. that's a sign of a healthy economy and society. Shrinking the middle class a little more too will help get things back on track. |
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Posted: 1/19/2015 10:20:05 AM EDT
[#34]
Quote HistoryQuoted:
Interesting, in that the Article is a call for Global communism. WTF are we supposed to do about Global inequalities? CNN really is the Communist News network. Meanwhile, the "global elite" members had an average wealth of $2.7 million each last year, it says. The report comes a day before President Barack Obama is expected to unveil proposals that close tax breaks on the wealthy. So, if you have a house in an expensive neighborhood, and a decent retirement account, you are a member of the "Global Elite" and therefore a sheep to be sheared. 2.7 million net worth puts you in the global elite? I wonder how many of these evil rich elites we have on ARFCOM then? Posted Via AR15.Com Mobile |
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Posted: 1/19/2015 10:22:01 AM EDT
[#35]
I guess it is salad days for the 1%'ers. Damn it's good to be a king.
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Posted: 1/19/2015 10:22:10 AM EDT
[#36]
Quote HistoryQuoted:
I wish I knew their secret I do, money makes money, connections allow them to share info amongst themselves so they may all get richer. I wish I was in the inner circle. I just work for them. |
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Posted: 1/19/2015 10:24:45 AM EDT
[#37]
And I bet 99 % of the 1% are getting rich off government. The Feds are printing 80 billion a month.
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Posted: 1/19/2015 10:25:36 AM EDT
[#38]
Quote HistoryQuoted:
Interesting, in that the Article is a call for Global communism. WTF are we supposed to do about Global inequalities? CNN really is the Communist News network. Meanwhile, the "global elite" members had an average wealth of $2.7 million each last year, it says. The report comes a day before President Barack Obama is expected to unveil proposals that close tax breaks on the wealthy. So, if you have a house in an expensive neighborhood, and a decent retirement account, you are a member of the "Global Elite" and therefore a sheep to be sheared. No, because you're going to offshore your earnings, reallocate asset holdings, & pull various other maneuvers to protect your wealth. Oh, & don't forget to raise the price of the goods & services you market to (predominantly middle class) consumers, to cover those big tax increases you can't avoid. No matter who they're intentionally aiming at, social engineers always end up shooting the middle class. |
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Posted: 1/19/2015 10:26:38 AM EDT
[#39]
Well good for them! |
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Posted: 1/19/2015 10:27:35 AM EDT
[#40]
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. In my opinion, the richest 1% being Richie Rich rich is fine, so long as they don't start investing in some damned fool communist crusade like Bloomberg and the like. I mean seriously, you're rich! Indulge in shit like sharks with friggin' laser beams on their foreheads...that's what I would do. :-) |
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Posted: 1/19/2015 10:28:03 AM EDT
[#41]
When you try to make something fool proof, nature comes up with a better fool.
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Posted: 1/19/2015 10:30:35 AM EDT
[#42]
Quoted:
http://edition.cnn.com/2015/01/19/world/wealth-inequality/index.html?eref=edition (CNN)Turns out, the rich really are getting richer. And they'll soon own more than the rest of us put together. So says a new report, which estimates that the richest 1% will have as much wealth as the other 99% combined by next year. "The richest 1% have seen their share of global wealth increase from 44% in 2009 to 48% in 2014," Oxfam says in a report Monday. At that rate, the wealthiest will own more than 50% by next year, according to the report. "Do we really want to live in a world where the 1% own more than the rest of us combined?" asked Winnie Byanyima, executive director of the international aid agency. Meanwhile CNN International is running a piece that shows that some welfare recipients here are in the world's top 1% of earners. 
The global median salary is $1,225. If you make more than $34,000 you're in the world's top 1%. Half of the world's wealthiest people live in the United States - damn capitalist. 
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Posted: 1/19/2015 10:33:48 AM EDT
[#43]
Quote HistoryQuoted:
I do, money makes money, connections allow them to share info amongst themselves so they may all get richer. I wish I was in the inner circle. I just work for them. Quote HistoryQuoted:
Quoted:
I wish I knew their secret I do, money makes money, connections allow them to share info amongst themselves so they may all get richer. I wish I was in the inner circle. I just work for them. Very true. Talent sometimes replaces start-up money but you're right on target. Connections, talent, good advice and drive are how most people ascend the ranks. In my experience it goes like this: 1. you have talent 2. you consult your advice pool 3. you sell talent to your connections 4. you and your connections make money together. A lot of business is knowing the right people. |
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Posted: 1/19/2015 10:36:49 AM EDT
[#44]
US population is up to about 316 million. SNAP participants number 1 in 6 of this and suck down about 6.7 BILLION dollars monthly. http://www.fns.usda.gov/sites/default/files/pd/SNAPsummary.pdf 1 in 6, of every man, woman and child in the US, on the tit. Who pays for it? Well the other 5 of 6? Nope. Children aren't paying in, low wage workers aren't paying in, etc. What is a 1%er? Had a guy at work a couple weeks ago bitch, bitch, bitch about how the 1%er are running the country. I let him finish, then asked him what a 1%er was. He looked at me like I had just farted in his face. He then spit out a stupid high number for annual income. I smiled and told him to Google it. Turns out he was much closer to being a 1%er than he ever would have thought. I get it, those that put in the effort to be a net positive are evil, those that live off the tit are the pillars of our society. 
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Posted: 1/19/2015 10:39:37 AM EDT
[#45]
wealth is not a zero sum game, you can complain about not having money or you can do something about it and go out and get your piece of the pie.
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Posted: 1/19/2015 10:40:44 AM EDT
[#46]
If you look at it on a world scale, probably 99% of us on this forum is the 1% ers
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Posted: 1/19/2015 10:41:09 AM EDT
[#47]
Fuck CNN. Why not just quote WHite House press releases.
Typical Alinsky community organizer bullshit stirring up class warfare crap. |
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Posted: 1/19/2015 10:43:18 AM EDT
[#48]
The actual numbers: https://publications.credit-suisse.com/tasks/render/file/?fileID=60931FDE-A2D2-F568-B041B58C5EA591A4
Anyone who has been putting money in a 401k for the last decade is in the top 10% unless you lost it all in a divorce or something. |
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Posted: 1/19/2015 10:43:21 AM EDT
[#49]
If you have a net wealth of $1, you likely 'have more wealth than 100s of millions of the world population combined."
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Posted: 1/19/2015 10:44:24 AM EDT
[#50]
Quote HistoryQuoted:
If they busted their ass to get that money then they are probably employing a shitload of people. If they inherited the money then it is probably invested in something that employs a shitload of people. This. It is IMPOSSIBLE to stay wealthy any other way. Actually, best way to stay multi-generational wealthy is to get into politics. Just ask the Kennedys, the Bushs and countless others. |
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