Muscatine

Income Inequality

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  • mallory
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The world’s 85 wealthiest people hold as much wealth as the poorest 3.5 billion, or half the world population, according to a new report from global anti-poverty group Oxfam.

 

Those 85 average $20 billion each.   Who knows what the highest is?    A hundred billion?   Two or three hundred billion?  And they're accumulating it faster every day.

Do you all honestly think that is the best situation and is in the best interests of the world and particularly to each of you

 

I'd like to see a little of that used for making the world a better place.   Liking stopping the wars in Syria and South Sudan and helping the victims of the Philipine typhoon.

 

 

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  • hiroad
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"Do you all honestly think that is the best situation and is in the best interests of the world and particularly to each of you"

 

I don't care how much money other's accumulate legally.  I don't care about percentages.   I do care about my freedom to work hard and earn as much as I want to.  I want to be left alone.  I don't agree with the government taking over my obligations regarding charity.  It looks like they are not good at it at all.  example:  the liberals' "war on poverty" imposed on us over the last 45+ years.

 

Why do you care how much money the top 85 have accumulated?  Do you think they are taking it from you??  No....you want to take it from them!  You are the thief.

 

 

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BEN STEIN: "It's always been true that a very tiny majority of the richest people in the world control an enormously disproportionate amount of the wealth and the poorest people controlled a very, very tiny portion of the wealth. But, you know, the way the media has been playing this is as if there is a finite amount of money in the world and that if rich people have a lot then poor people have less. But that's not the way it works out. If the rich people got rich by starting businesses and starting new technologies that gave more employment, more productivity, more wealth to the other people, then everybody gets richer. There is not a finite amount. Rich people getting rich does not make poor people poor. "

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The obumbler, and his minions, are the fools who are taking money away us, poor and middle class included.  One of the ways is his "pen" and executive orders imposing new environmental regulations:

 

This is a serious matter that concerns all of us because our government is in the process of imposing strict controls to reduce greenhouse gases in hopes of staving off global warming even though earth's atmosphere is cooling, and the cost to you and me is higher energy prices, higher inflation, and a lower standard of living since every product we buy has an energy cost component.  Under new leadership, the House of Representatives recently took steps to prevent the Environmental Protection Agency from using the Clean Air Act to regulate CO2 emissions, but President Obama made it clear that he will continue to pursue his agenda regardless of the facts.  His misguided effort to move ahead by fiat or by executive order isn't just wrong minded.  It's very expensive, and it's a price we can ill afford to pay, especially now as our economy is struggling to recover from the Great Recession.

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