Meet the Global Financial Elites Controlling $46 Trillion In Wealth

This thread is the most bias crap I have ever seen.Democrats have multi billionaires and millioniares also.

46 trillion??? really?? could I see the calculations please...
I know that that total net worth of all billionaires (1210 in total) is around 4.6 trillion(see source below) so 46 trillion is hard to believe.
And even if the number was 46 trillion, government can't collect taxes based on total value of assets, it collects taxes based on income. Besides most of the 46 trillion, should it be correct, are in phony inflated assets (stocks, bonds etc).
Unfortunatly we do not live in capitalist society, where everybody plays by the same rules. Instead profits are privatized and losses are socialized.

(SOURCE: www.forbes.com...)

Also No one has a trillion dollars sitting around.Not even real paper money.It is a estimated net worth.However they still are very rich.

You know, I've spent a lot of time over the last roughly five years studying what substantiatable facts I could find (i.e. no hearsay, nothing alleged but unproven, and nothing merely hypothesized or speculated about; just facts) regarding the wealthiest families in the world that people tend to associate with conspiracy theories and the global power elite.

What I found surprised me. They aren't all the greedy, power-hungry, occult-shrouded conspirators people imagine them to be. There is a gradient.

At one end you have those who seem, through their actions and statements both private and public, genuinely power-hungry, corrupt, greedy, utterly dominant in what is in my opinion the worst sense, and exerting great influence over the world's political circles in ways I cringe to think about and which do, I must admit, appear at least intentional, if not outright premeditated or conspiratorial. These are the ones I think people need to worry about. I'm not a psychologist, but I wouldn't be shocked to learn that they were literally sociopathic. And there is at least some compelling evidence - though not outright proof, it must be stressed - that these people do take part in what can only be described as esoteric or occult practices in collusion with one another, possibly without the understanding or knowledge of others with whom they interact. It should be stressed that these individuals appear to be very few in number, and that not every member of the familes of these individuals seem involved or aware.

At the other end you have those who applied themselves in the right way at the right time in the right place or who simply got remarkably lucky, and who have sought to genuinely use their vast wealth for the betterment of the rest of humanity. Some of these people have been the drivers of genuine positive change, discovery, and charity in ways that have benefited many, many people - often reducing their personal wealth in the process by much more than half. These people also seem to go out of their way to create more jobs than those at the opposite end of the spectrum and to be more engaged with society at a hands-on level, rather than indirectly from the echelons of power.

In the gray area between these two extremes there are those who seem to have genuinely good intentions, but whose philosophical conclusions, methods, and ideologies I still personally disagree with and regard as detrimental in some ways to human welfare and liberty.

So as with anything else, I think it's counterproductive to paint with a broad brush and to say "anyone who is among the world's most wealthy individuals at the top of the pyramid is a part of the problem and assists in a conspiracy to manipulate and control the world." In my experience and lay-research, that isn't universally true. But what is equally interesting and important (and somewhat surprising to someone as skeptical as me) to remember is that at least some of them - at least by all appearances - actually are.

Just my two cents. Peace.

Originally posted by Snoopy1978
It sickens me to see those defending billionaires vs the suffering working class. The nerve of this scum calling us unintelligent and lazy while the playing field is completely tilted towards the elite's side. So were supposed to start a business out of thin air in this misery and compete with monopolies, "too big to fails" and other politically backed monsters? Are you #ing serious?

Where are the modern Robespierres, Marats and Dantons when you need them?

Your French reference reminds me, I was in France this summer and my daughter had an earache. So we go to the local, small town doctor and he was the most content person I had seen in a while. Happy in his family practice, beautiful town, respected, etc. It really struck me how much time he spent with us, didn't mention insurance or cost till the very end and as we were tourists we paid for the whole thing.

A whopping $19.

Wow what a difference from the US. Then I noticed, all around, the shops, restaurants, small businesses in the town, people in general were really good at their jobs, knew their stuff. They were proud and happy and at ease. They were 30 minutes from Monte Carlo, where life was far more $$$ driven and there was a very different vibe.

Gadz I wish more small towns in the US were like that small town in France.

Small businesses and doing what you love...

That's the balance many have lost in the hunger for being a top 1%er.

I can't help but wonder how many of those 68 million people are victims of their own circumstance. How many of them have skated through life, or never applied themselves? How many of them didn't pay attention in school? How many of them have never aspired to be better than their parents? I know, I know... it's the rich person's fault, or it's the white man's fault... whatever. Personal responsibility is a mother trucker isn't it.

If something came along that took out google and google collapsed it is not like Mark Cuban will have trillions of paper dollars up stairs in the ole piggy bank.Same thing with Mark Zuckerberg with Facebook.

"Lynch the rich"as one poster put is what the socialist and communist have used for ever to get foolish people to follow there doctrine."If you can't make it your self then join us and we will take it from them that have it and give it to you",kind of a ponzi scheme in reverse.

Do the rich need to pay there fair share"YES" do they need to pay more just because there are rich"NO".I would think a "flat tax" would help bring balance,kind of like "term limits" would help get rid of lifers and carrier corrupt ploiticians but no one seems to want to talk about common sense solutions as a starting place............................I guess it doesen't make for a good high profile post.

Originally posted by mc_squared
reply to post by soficrow

 

Yup. Here's another link for you:

World's richest 1% own 40% of all wealth, UN report discovers


But if any of us so much as speak out against this absurd inequality - out come the Tea Party robots to start screaming pre-programmed nonsense about communism and wealth redistribution.

Let's see here - the top 1% of the world's population owns 40% of it's wealth...and wealth redistribution is a bad thing?

The number of "wealth apologists" that come out of the woodwork when this topic is brought up just floors me. Americas wealth is controlled by a tiny, tiny fraction of its population, its just crazy that so many people don't get the problem and wonder why the middle class is dieing.

How about all the millionaires who dont pay any taxes?

blogs.laweekly.com...

Here is a nice quote

In fact, as we recently told you, the 400 richest earners across the land pay a 17 percent tax rate (yours is more like 35 percent).

This has nothing to do with the redistribution of wealth and has every thing to do everyone pulling their weight and paying their fair share.

What I cannot understand is how billionaires and millionaires go totaly broke and have no money left and go into massive debt.That is frightening because they literaly spent all of their wealth on 10 different mansions and tons of other things.However I can see how the must contribute thier wealth to keep the world going around.Comes down to greed.

What we need, is a revolution of the likes the world has never seen. Not like the riots in the UK. Something more organised. It needs to be done before they take away the social medias that will be used to to organize the revolution. Torch all the banks and financial institutions, erase the debt system. It's all an illusion anyway. It wouldn't be the end of the world, just the beginning of a new one, because life will always continue to go on.

Originally posted by kro32
I believe that as long as their is one single millionaire in the world people like you would say they are the root of all evil because they simply have more than you.

It's not hard and if you are not rich or not in the process of becoming wealthy you lack one of three things:

The desire

The intelligence

The hard work

It never ceases to amaze me how those who claim that making money is about "intelligence" and "hard work"...

...can't comprehend second grade spelling words and sit on the net ALL DAY LONG.

Originally posted by kro32
reply to post by TupacShakur

 

Your one of those people that love teachers that grade on a curve aren't you.

I don't bust my ass for days researching, writing and rewriting papers to get an A just to have it dropped because people like you decide to write you paper an hour before class starts.

According to you i'm gonna pass anyways so I don't need that high grade but your struggling so you deserve some of my hard work.

funny

edit on 12-8-2011 by kro32 because: (no reason given)

the curve wouldn't drop your grade in that case. Infact, in the situation you just described, you would get an even higher grade. If you had the highest grade, in a class graded on a curve, you would be guaranteed a 100%. That's how it works.

reply to post by OptimusSubprime


And I can't help but wonder how many of the wealthy elite are 'old money'. Simply inherited it or were able to amasse their fortunes on the coattails of their families. Face it, the children of the elite have a leg up toward success. Sure, they can squander that advantage and many do. But they start out with it nonethless.

The hard cold facts are that welath in this country (and throughout the developed world) has become increasingly concentrated into a smaller and smaller minority. They use that wealth to individually and collectively influence politicians, push legislation and affect policy in order to 'protect' and increase their wealth. In essence, they have massivley disproportionate influence over our society. Is it reasonable to allow less than 10% of society to determine our laws, policies and regulations?

Why did the economy tank? Because the wealthy elite used their money and the influence it reprsents to strip away the safeguards placed on the banking and investment communities after the Depression. They argued that it 'constrained business'. So their friends in Washington let them 'self-regulate'. They got greedy and stupid and crashed the economy. People lost their savings, their jobs and their homes. But they went back to their agents in Washington and convinced them to make US cover their losses. The whole thing comes full-circle.

All of the riots worldwide (irrespective of what the MSM would have you believe) are based on one basic theme: people have no jobs, can't feed their families and see the politicians and the elite amassing fortunes and playing fast-and-loose with the rules with no accountability and no concern whatsoever. The very same stet of affairs existed in pre-revolution France and pre-revolution Russia. And things ended badly for the elite in both cases. Stability in society is inversely proportional to the disparity of wealth. That's a fact.

imo the distribution of personal wealth is the largest hurdle the world has to overcome to end the mess we have today.

i sit and think many times about it. how did we end up in this situation....its scarey really.

why did our govnt give trillions to companies? imagine if they gave the money to us housholds to pay off debt instead.

buy up all the foreclosures and tear them down instead.

bahhhhhhhh... whoever invented interest(which turns to greed) needs to be eliminated out of history.

reply to post by TheOrangeBrood


Yes, that is very amusing but also typical of the Ignorance is Bliss consortium.

But since it's understood by many that hard work and intelligence are all about wealth building lets look at the stalwart of wealth historically and that is the global narcotics industry.

The world's first Drug Cartel began with Queen Victoria, and forcing opiates, highly addictive and great for repeat customers for long term profits.

Originally began back with the Opium wars over a trade deficit that Great Britain was unwilling to repay in Silver and in choosing Opium instead and eventually culminating with the Treaty of Nanking.

The Chinese were forced to accept the Opium importation into their country via Great Britain awarding themselves their very own colonial port in which to import said narcotics into China called Hong Kong.

Today we Great Britain and the US control the world's current leading producer of Opiates called Afghanistan.

But lest we forget that that was the purpose of our current war on terror conveniently located in Afghanistan. And that was to expand the Narcotics industry to another US/UK controlled nation with a weak Govt. ripe for corruption in support of the Narcotics industry for maximum profitability.

And today we have an abundance of cheap high grade Heroin worldwide ...as well as masses of young Americans dying everyday because of it.

This is exactly how the Billions of Dollars in wealth are amassed. And that is via Hard work, done by the Afghani farmers cultivating the Opium poppies in conjunction with intelligence....as in the Central Intelligence Agency and MI6.

reply to post by kykweer

I guess of these people most don't spend all day on yachts and probably work more than 80 hours a week.

You guess wrong. The upper echelons use money to make money - not personal work and labor.

And the driving wisdom is "Never use your own money." Hence the pyramid-Ponzi style stock and financial markets. Camouflages the game, lets suckers think they can win against the house.

So stop thinking like an African feeling sorry for yourself.

I don't feel sorry for myself, silly. I feel sorry for you!

And don't even get me started on how corporate colonialists stripped Africa bare - depleted every resource from water to diamonds, left the continent dust, then blame the natives for dying of thirst and hunger cuz even the crops won't grow. Get real.

Sigh. Threads like these that start off well meaning eventually end up promoting redistribution of wealth/Marxist/communistic strategies irregardless of who the wealthy people are-- it doesn't matter. The numbers say that x possesses z amount of the world's wealth therefore x must be lynched or robbed. Ridiculous.

reply to post by karen61057


Yes, polio was a problem for many during that time, my thought on that though

is, who's to say gov't scientists didn't Create the polio epidemic in the first

place, then create a wonderful life saving vaccine for those who were lucky

enough to have one, like someone i know personally, and then you have a

whole Generation of people who are Pro Vaccine thus making it easier to

Push 'Modified' vaccines in the future to new generations, that clearly have

horrible side effects. Anyways, just wanted to briefly add my thoughts on

that, no argument.

reply to post by Darkmask


Actually this is all an illusion, and it's very hard at times to stop reacting

to it but, it is possible once you really get it. There is another place

but it's far from this farce we refer to as reality.