The Top 62

[Glenn Quagmire]

Richest 62 people as wealthy as half of world's population, says Oxfam

http://www.theguardian.com/business/2016/jan/18/richest-62-billionaires-wealthy-half-world-population-combined

"The vast and growing gap between rich and poor has been laid bare in a new Oxfam report showing that the 62 richest billionaires own as much wealth as the poorer half of the worlds population.

Timed to coincide with this weeks gathering of many of the super-rich at the annual World Economic Forum in Davos, the report calls for urgent action to deal with a trend showing that 1% of people own more wealth than the other 99% combined.

Oxfam said that the wealth of the poorest 50% dropped by 41% between 2010 and 2015, despite an increase in the global population of 400m. In the same period, the wealth of the richest 62 people increased by $500bn (£350bn) to $1.76tn.

The charity said that, in 2010, the 388 richest people owned the same wealth as the poorest 50%. This dropped to 80 in 2014 before falling again in 2015."

http://www.cnbc.com/2016/01/17/62-people-have-as-much-wealth-as-worlds-36b-poorest-oxfam-finds-ahead-of-davos.html

http://money.cnn.com/2016/01/17/news/economy/oxfam-wealth/

 

[Hackman]

Quagtard, I didn't see Hildabeast, Billdo or George Soros on the hit list. Nobdy reads CNLSD or the Commie News Network anyway. Bernie ahould call Soros for a 90% tax and see if it's a good idea. Stick to watching cartoons and your new gay dating site.

 

[Kev3188]

Nobody reads CNLSD or the Commie News Network anyway..

How can someone read something that doesn't exist?

 

[Glenn Quagmire]

Quagtard, I didn't see Hildabeast, Billdo or George Soros on the hit list. Nobdy reads CNLSD or the Commie News Network anyway

Does it matter who reported the study? The facts are still the same. If it is on Fox News does that make it ok? Or on the Drudge feed. It is also there.

http://www.foxnews.com/world/2016/01/18/worlds-62-richest-as-wealthy-as-poorest-half-report-says.html

Confirmation bias is strong in you.

 

[delldude]

Does it matter who reported the study? The facts are still the same. If it is on Fox News does that make it ok? Or on the Drudge feed. It is also there.

http://www.foxnews.com/world/2016/01/18/worlds-62-richest-as-wealthy-as-poorest-half-report-says.html

Confirmation bias is strong in you.

 
You are famous for attacking sourcing all the time.

 

[FWAAA]

Here it is in the Wall St Journal: http://blogs.wsj.com/economics/2016/01/17/the-worlds-62-richest-people-hold-as-much-wealth-as-the-bottom-3-5-billion-new-report-says/

And the BBC: http://www.bbc.com/news/business-35339475

Not terribly surprising that the top 1% in the world control half the wealth, as that mirrors the USA statistics, but I was surprised that the wealth of the bottom half of the world population (or 3.5 billion people) had fallen over the last five years. I would have guessed that the wealth of the top 1% would grow at a huge clip (it always does, with the rich getting richer), and that the bottom half would have seen slower growth, but I wasn't expecting a decline in wealth among that bottom half. So much for "rising tide lifts all boats." In this case, it hasn't.

 

[Kev3188]

In a recent Quinnipiac poll, respondents were asked...

 

[Seatacus]

Except for one person everybody is richer than someone.  So what..........

 

[Kev3188]

Big difference between that and the massive income disparity this thread is discussing...

 

[delldude]

Our leader?
 

 

[Veritas777]

Seems to me like all the central planning and socialist ideologies still fail to prevent this, no matter how hard they try.
 
Theres always going to be inequality. Some people strive for more, some don't strive at all. 
 
Id rather be in the top 1% then down at the bottom of 99%. Yet some are perfectly content existing that way and blame others for them being there.

 

[xUT]

View attachment 11188
Please don't give me another tax cut...
I simply can not afford it.

 

[delldude]

Subliminally led by the nose through socialism into communism.
 
 
 

 

Soros shows ambition is possible on climate financing

Published: 
10 December 2009

Soros’ proposal shows exactly the kind of ambition and urgency we need to see from rich country governments themselves.

 

On George Soros’ announcement today of a plan for $100b in international climate change relief:
Robert Bailey, Oxfam International’s Senior Climate Advisor said:
“Finally someone is showing the kind of innovative thinking needed to make this deal worth its salt.  Soros’ proposal shows exactly the kind of ambition and urgency we need to see from rich country governments themselves. These kinds of long-term public resources are desperately needed so that poor countries can count on regular, and large payments to help them fight climate change.”
“All we’ve heard from rich nations so far is vague and evasive whispers, when the fact of the matter is, there is still not a penny of long-term finance on the table to help poor countries cope with climate change.
“Poor countries will need at least 100 billion a year by 2020 to adapt to the ravages of climate change.  With just one week to go, its time for governments to stop sidestepping climate finance and put their money where their mouth is.”

 
Soros backed as long as you don't mess with his money.

 

[delldude]

All these wonderful society's funded by Soros who made his zillions investing in the very practices that helped create the problem.
 
Kinda neat, eh? 
 

 
About: The Revenue Watch Institute began in 2001, relatively early in Soros’ activist career, as a project named Publish What You Pay.  Extractive industries (oil, coal, minerals, diamonds) and the governments or private investors with whom they did business were prevailed upon to demonstrate that they were not engaging in exploitative business practices in the developing countries from which they withdrew natural resources.
With the backing of Prime Minister Tony Blair, Soros’ Open Society Foundations teamed up with the (British) Catholic Agency for Overseas Development, Oxfam, and Save the Children to apply ethical pressures to the natural resource extraction industry.  Today, Revenue Watch Institute operates independently from the OSI.  However, as recently as 2008, the non-profit received $3 million from Soros. 

Read more: The Revenue Watch Institute | The Soros Files http://sorosfiles.com/soros/2011/10/the-revenue-watch-institute.html#ixzz3xeCim752

 

[KCFlyer]

%unny how we pooh pooh wealth inequity.  Why it wasn't all that long ago that many who seem to be DEFENDING wealth disparity because and arguing against a higher tax rate on those people were the same ones who worked for an airline that had it's pension terminated, but the people who led them there got off like bandits.  You'd THINK they'd like to see THAT taxed at 90%.