And that's only since the 1920s. Take note that during the Clinton administration and the internet boom, the percentage was very close to 39%.
Records were less accurate prior to 1920, but it's estimated that prior the gap was much, much wider.
Posted on 06/02/2013 6:40:41 AM PDT by SeekAndFind
CAUTION: Go to the linked site only if you want to see more advertisements at one website than you’ve likely ever seen before. I know, now curiosity will drive you there.
Well, here's the tried and true, used in Russia, China, Cambodia, all over Eastern Europe: "Kill or imprison the producers, confiscate their machinery and lands, subvert their institutions of learning."
It's worked before, hasn't it?
And that's only since the 1920s. Take note that during the Clinton administration and the internet boom, the percentage was very close to 39%.
Records were less accurate prior to 1920, but it's estimated that prior the gap was much, much wider.
and if you are stupid enough to believe that governments are benevolent charities, to be trusted to “redistribute the “wealth”, you deserve the COMMUNIST DICTATORSHIP you have endorsed.
Just remember, if you are receiving $30,000 in income and benefits here in America, you are making more than TWICE as much as the average Chinese.
The same is true for the average person living in Africa, South and Central America,
Where is the socialist propaganda, statistics manipulation alert on this article? This article is pure garbage ,socialist propaganda, statistics manipulation.
Hrm - what happened to my graph...
If any redistribution is to be done, it’ll be managed by the 1%. And if any wealth is to be redistributed, it’ll be the wealth of those just beneath the 1%.
A rising tide might lift all boats. But the fellow with a 60-ft yacht wants you scrubbing and polishing it for him, not buying your own.
That's why so much of the class warfare discussion takes place within the context of relative rates of taxation ~ and only rarely in terms of relative rates of ownership!
Can someone show me where this "design" exists? Surely if the global financial system was designed to be this way there'd be a blueprint for it somewhere right?
There'd also be an implementation plan and operational support for such a system, and as such no way the "design" could ever be kept secret. Surely someone in Operational Support would've leaked the design by now!
The global elite continue to hoard wealth and heap together enormous mountains of treasure in these troubled days even though the economic suffering around the planet continues to grow.
Are the wealthy under some sort of mandate or obligation to share the wealth they've accumulated? It appears according to the author they are. Frankly, that kind of thinking scares me.
The web is filled with explanations of the Illuminati conspiracy!
Then it's in good hands.
WINNER WINNER CHICKEN DINNER!! Unfortunately, "they" vote and "they" outnumber us now. When they come to confiscate your wealth and property - be prepared. Just sayin'....
Yes it is, color me surprised that posts like this are allowed on FR anymore. How many times does this crap have to be debunked?!
Yet, somehow, most of these 39% support democrats.
This is never AGE ADJUSTED. And I have yet to see real economists point this out.
Who has more wealth? A 50 year old or a 20 year old? The answer is obvious. People acquire wealth all the way until they retire, when they start using it up. Yet such bogus statistics ALWAYS include all people in the same pool.
The relevant statistic is, "What % of all wealth owned by 50-year-olds in the world is 'controlled' by the top 1%?" I bet the number is closer to 10.
It is the basic truth of Say's Law, that supply creates its own demand. Always works.
Yes, please see my comment below yours on why, statistically, this is a horribly flawed premise.
Too bad the wealthy didn’t own more and were valued rather than reviled.
Pray for America to Wake Up
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