The 62 richest people have as much wealth as half the world

a reply to: Puppylove


The irony is, its that so-called "elite" who rely on the rest of us ..... dependent on our good will for survival

Could you or I survive alone? grow our own food?

Could Kim Khadashian?

a reply to: AndyMayhew

I'm aware, and in my one example, that arrogant bastard with the money would surely hang.

There's a balance that must be maintained.

dbl post

a reply to: Discotech

Not even 10% of people that read this will wake up, because it is too late, they need to go to bed so they can get up and do they 9 to 17 shift.

Why do you think there are so many distractions, so many things that make humans dumb. How else can this ratio happen.

I really wonder what are those 62 people doing with all that money

originally posted by: onequestion
Seems like there is a lot more of us then them.

That would be true if people were what counted and not dollars.
Over $7 TRILLION dollars socked away in tax havens.
That's easily $1.5 TRILLION they owe the people in absconded taxes.
Gee, that's more than our entire annual budget for the US.
I'm no socialist but this kind of wealth hoarding is beyond ridiculous and downright dangerous as it deprives the rest of the world of a great deal of money that could be stimulating the economy.

This is the biggest problem facing the world today.
It's having that much money out of circulation.
It's strangling the rest of us.

Double

originally posted by: onequestion
a reply to: Asktheanimals

The worst part about that money is that it's made off the backs of low wage earners who are working in practical slave positions in today's world!

Rather than pay these employees their fair share of the wealth they put in the pockets of the wealthy through all street and they all hide everything off shore!

God I can't stand it anymore why are people fighting against raising wages it's so stupid!

a reply to: HighFive

Can you tell me which countries are tax havens, I know about Cayman. I would like to research and see if the get money from US government too.

originally posted by: Eilasvaleleyn
a reply to: Xeven

The Pitchforks come out if Sanders loses the election or can't manage to get his stuff passed. Honestly though, this is becoming a massive problem worldwide. A problem we will need to deal with, sooner or later.

The uber rich need to understand this, too. This situation will only last so long. The rage of the heavens is contained within a singular, tiny glass bottle. And when the bottle breaks...

I simply hope it is peaceful, rather than the bloody alternative.

I don't blame the rich people specifically I blame those who rigged the system. It needs changing. People are working hard and getting no where simply because we accept the BS being sold to us a Capitalism. If you work hard everyday you should be able to live decently.

originally posted by: AndyMayhew
Why do you care that someone else has more money than you?

Because you are starving?

Because although you have everything you need, you dont have everything you want?

Because they have more than you and its not fair!!!!

Personally, I dont care that some have an awful lot of money than I could ever imagine and most ATS posters have a lot more money than I do.

But I dont have a green eyed monster sitting on my shoulder.

I am happy. I have all I need.

Are you happy? And if not why ....?

Think about it

I have what I need. The reason I care is because people ARE starving. There are people with no home, children spending all day, every day rooting through rubbish dumps or standing in the filthy river in the hope they will come across something they can either eat or sell in order to to eat. If they take a day off, they don't eat. That's the extreme of course, here in the UK we have families relying on food banks and the elderly having to choose between heating and eating which is also unacceptable.

I don't want their money, but I sure as hell am not happy.

The worst kind of pig are people who hog wealth when there’s people in the earth starving


These greedy ones will not get away from the great equalizer…death.


And then according to the scriptures, if they didn’t give to charity they are going to get a big knuckle sandwich.

THEY DESERVE IT

originally posted by: MOMof3
a reply to: HighFive

Can you tell me which countries are tax havens, I know about Cayman. I would like to research and see if the get money from US government too.

Switzerland, Bahamas, Belize.

Here's some good info on how and why people use these countries and their banking privacy laws .

Offshore investing

a reply to: HighFive


I think we all already knew why as this guy says "As Stacy said in the video, they’re another way the rich get richer."

Thanks, I will find what I want know. I think I want to understand the mindset. I recently got an inheritance. Why do american banks pay such low rates on savings, oh never mind greed. So I bought land and prepare a place for my family and friends. I just don't get the philosophy of more and more. Personally, I see this as a traitorous thing to do.

a reply to: saadad

I really wonder what are those 62 people doing with all that money

With the possible exception of Bill Gates, probably thinking about how they can turn it into more. Greedy misers who get off just knowing they have it.

a reply to: angeldoll

With the exception of Bill Gates?

a reply to: onequestion

I keep coming back to the idea of making it illegal for anyone to have an annual income above a certain level; let's say 10 million. The rest could be spread among workers, investment in the community and philanthropic causes.

a reply to: Asktheanimals

Maximum ratio.

And end being able to own stock for the company unless you work there.

a reply to: saadad

I really wonder what are those 62 people doing with all that money

Something like this i would imagine....

And yet, globally, it is GOVERNMENT that causes us to suffer a hundred times more than these rich people do.

a reply to: hopenotfeariswhatweneed

Not sharing that's for sure.

It's mind blowing to me how more people don't see this as a growing problem.

People think there's just an endless supply of money and things to invent and business to run but there just simply isn't. There's a cap on everything and we need to be smarter with how we choose to go about reaching that cap.