Speechless:

85 richest now have as much money as poorest 3.5B

(Photo: Chip Somodevilla, Getty Images)

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"There's been class warfare going on for the last 20 years, and my class has won."

Billionaire investor Warren Buffett made that remark more than three years ago and it still holds true today — only the gap between the richest and the poorest has gotten even wider.

Here's how bad it is: Oxfam now calculates that the 85 richest billionaires on the planet, including the likes of Carlos Slim, Bill Gates and Mark Zuckerberg, have as much money as the 3.5 billion poorest people.

And for all the talk about the urgent need to address income inequality, the mega-rich just keep on getting richer.

How much richer?

Oxfam estimates that between March 2013 and March 2014, those same 85 billionaires saw their wealth grow by $668 million every day.

http://www.usatoday.com/story/news/world/2014/11/07/globalpost-richest-poorest/18640031/

While there is no force greater than compounding interest, our deficit spending is the real cause here.

President George W. Bush gave everyone tax cuts, which immediately changed our budget surplus into a budget deficit. My position is that we need to adjust our tax rates so that we get back to a surplus, and then we need to pay down/off our debt. Then and only then do we even consider lowering our tax rates.

What do you think?

PurpleJedi said:

The thing is, if you can return 7% on your investments and put all those returns back into your portfolio, it will double in 10 years.

If you can return 10%, it will double in 7 years. And triple in 11 years.

That simple math is why the rich keep getting richer. It's not because they are earning new money by creating new things. It's just compounding interest. And there's nothing wrong with that.

What is wrong is how it's taxed. The reason most rich people were able to amass their original fortune is the way we tax it. We were taxing it just fine until George W. Bush came along. He screwed everything up and led us into what is now $17,000,000,000,000 of debt.

Had he not messed with the tax rates, we could easily be totally debt-free today.

Think about that.

this world needs more philanthropes...

how 'bout them rothschids who have more wealth

than the rest of the world PERIOD???

KingBAD said:

how 'bout them rothschids who have more wealth

than the rest of the world PERIOD???

And I heard they control every central bank in the world!!!!!

Empress said:

JoeTyler said:this world needs more philanthropes... For sure and not to mention more people who stay in school, get a good education, work hard and stay away from losers and other people who will only bring them down.

you disgust me

RodeoSchro said:

KingBAD said:

how 'bout them rothschids who have more wealth

than the rest of the world PERIOD???

And I heard they control every central bank in the world!!!!!

all the money in the western world actually belongs to them. they are the bankin shystem for the western world. they finance the royals and the vatican and most wars since before WWI.

Gaddhafi was killed for the afrontery of wantin to switch to a gold standard as payment for oil and other commodities from the middle east. as a matter of fact, just about any contry that wants or has a different bankin system is an enemy to the west (i.e. rothschilds) and marked for "a democratic system" bein put in place.

if you look at lybia 15 years ago, and now... yould wonder that they ever had any kind of prosparity.

that would be your before and after western contact... look for yoself

Life's easy when you have money. I've been wealthy, I've been broke, and when I've been wealthy, life's been a LOT easier.

Isn't this how revolutions happen? This is absolutely absurd that a couple of dozen people have more money than half of the entire population of Earth. There's something really sinister about this. I don't hate them for being rich but the reality is that the income inequality problem is growing and it doesn't look like it's going to get better anytime soon. What a joke...

SeventeenDayze said:

Isn't this how revolutions happen? This is absolutely absurd that a couple of dozen people have more money than half of the entire population of Earth. There's something really sinister about this. I don't hate them for being rich but the reality is that the income inequality problem is growing and it doesn't look like it's going to get better anytime soon. What a joke...

U n d e r s t a t e m e n t

Graycap23 said:

SeventeenDayze said:

Isn't this how revolutions happen? This is absolutely absurd that a couple of dozen people have more money than half of the entire population of Earth. There's something really sinister about this. I don't hate them for being rich but the reality is that the income inequality problem is growing and it doesn't look like it's going to get better anytime soon. What a joke...

U n d e r s t a t e m e n t

How much longer are the people going to be pushed around before pushing back for a change? Or is social media keeping us too distracted? Good thing is that there have been mass protests but marching can only do so much. When will income inequality end?

SeventeenDayze said:

Graycap23 said:

U n d e r s t a t e m e n t

How much longer are the people going to be pushed around before pushing back for a change? Or is social media keeping us too distracted? Good thing is that there have been mass protests but marching can only do so much. When will income inequality end?

people have to realize that they are the capital that's bein traded on. money is just debt.

if people realized how much of the corporate capital is created by just one person, they could see how much they create as a group. in other words, it won't end until it breaks. its been breakin faster and faster. social media brings people up to speed faster. wel, it brings some people up to speed. some could sleep through a bomb blast...

KingBAD said:

RodeoSchro said:

And I heard they control every central bank in the world!!!!!

all the money in the western world actually belongs to them. they are the bankin shystem for the western world. they finance the royals and the vatican and most wars since before WWI.

Gaddhafi was killed for the afrontery of wantin to switch to a gold standard as payment for oil and other commodities from the middle east. as a matter of fact, just about any contry that wants or has a different bankin system is an enemy to the west (i.e. rothschilds) and marked for "a democratic system" bein put in place.

if you look at lybia 15 years ago, and now... yould wonder that they ever had any kind of prosparity.

that would be your before and after western contact... look for yoself

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

RodeoSchro said:

KingBAD said:

all the money in the western world actually belongs to them. they are the bankin shystem for the western world. they finance the royals and the vatican and most wars since before WWI.

Gaddhafi was killed for the afrontery of wantin to switch to a gold standard as payment for oil and other commodities from the middle east. as a matter of fact, just about any contry that wants or has a different bankin system is an enemy to the west (i.e. rothschilds) and marked for "a democratic system" bein put in place.

if you look at lybia 15 years ago, and now... yould wonder that they ever had any kind of prosparity.

that would be your before and after western contact... look for yoself

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

Graycap23 said:

RodeoSchro said:

KingBAD said:

all the money in the western world actually belongs to them. they are the bankin shystem for the western world. they finance the royals and the vatican and most wars since before WWI.

Gaddhafi was killed for the afrontery of wantin to switch to a gold standard as payment for oil and other commodities from the middle east. as a matter of fact, just about any contry that wants or has a different bankin system is an enemy to the west (i.e. rothschilds) and marked for "a democratic system" bein put in place.

if you look at lybia 15 years ago, and now... yould wonder that they ever had any kind of prosparity.

that would be your before and after western contact... look for yoself

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

http://topinfopost.com/2014/02/11/the-master-of-the-world-rothschild-banking-dynasty

http://tobefree.wordpress.com/2010/05/10/the-rothschilds-world-kingpins-worth-500-trillion-they-own-reuters-ap-and-fix-the-price-of-gold%E2%80%A6/

http://thebilzerianreport.com/how-much-money-do-the-rothschilds-have/

http://www.celebritynetworth.com/articles/entertainment-articles/how-rich-is-the-rothschild-family/

NOW, HERE IS A LIST FROM FORBES, YOU WILL NOTICE THAT THE NAME ROTHSCHILD IS NOWHERE ON IT... WHY? YOU MAY ASK. THEIR MONEY HAS HIT THE TRILLIONS AND NO-ONE HAS PERMISSION TO SPEAK ON ROTHCHILDS CASH.

No.NameNet worth (USD)AgeCitizenshipSource(s) of wealth1 Gates, BillBill Gates$76.0 billion 58United StatesMicrosoft2 Slim, CarlosCarlos Slim & family$72.0 billion 74MexicoTelmex, América Móvil, Grupo Carso3 Ortega, AmancioAmancio Ortega$64.0 billion 77SpainInditex Group4 Buffett, WarrenWarren Buffett$58.2 billion 83United StatesBerkshire Hathaway5 Ellison, LarryLarry Ellison$48.0 billion 69United StatesOracle Corporation6 Koch, CharlesCharles Koch$40.0 billion 78United StatesKoch Industries7 Koch, DavidDavid Koch$40.0 billion 73United StatesKoch Industries8 Adelson, SheldonSheldon Adelson$38.0 billion 80United StatesLas Vegas Sands9 Walton, ChristyChristy Walton & family$36.7 billion 58-59United StatesWal-Mart10 Walton, JimJim Walton$34.7 billion 65United StatesWal-Mart

IF YOU THINK ROTHSCHILDS ARE NOT ON HERE BECAUSE THEY BROKE... WELL, YOU CAN'T BE SERIOUS

RodeoSchro said:

KingBAD said:

all the money in the western world actually belongs to them. they are the bankin shystem for the western world. they finance the royals and the vatican and most wars since before WWI.

Gaddhafi was killed for the afrontery of wantin to switch to a gold standard as payment for oil and other commodities from the middle east. as a matter of fact, just about any contry that wants or has a different bankin system is an enemy to the west (i.e. rothschilds) and marked for "a democratic system" bein put in place.

if you look at lybia 15 years ago, and now... yould wonder that they ever had any kind of prosparity.

that would be your before and after western contact... look for yoself

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

http://topinfopost.com/2014/02/11/the-master-of-the-world-rothschild-banking-dynasty

http://tobefree.wordpress.com/2010/05/10/the-rothschilds-world-kingpins-worth-500-trillion-they-own-reuters-ap-and-fix-the-price-of-gold%E2%80%A6/

http://thebilzerianreport.com/how-much-money-do-the-rothschilds-have/

http://www.celebritynetworth.com/articles/entertainment-articles/how-rich-is-the-rothschild-family/

NOW, HERE IS A LIST FROM FORBES, YOU WILL NOTICE THAT THE NAME ROTHSCHILD IS NOWHERE ON IT... WHY? YOU MAY ASK. THEIR MONEY HAS HIT THE TRILLIONS AND NO-ONE HAS PERMISSION TO SPEAK ON ROTHCHILDS CASH.

No.NameNet worth (USD)AgeCitizenshipSource(s) of wealth1 Gates, BillBill Gates$76.0 billion 58United StatesMicrosoft2 Slim, CarlosCarlos Slim & family$72.0 billion 74MexicoTelmex, América Móvil, Grupo Carso3 Ortega, AmancioAmancio Ortega$64.0 billion 77SpainInditex Group4 Buffett, WarrenWarren Buffett$58.2 billion 83United StatesBerkshire Hathaway5 Ellison, LarryLarry Ellison$48.0 billion 69United StatesOracle Corporation6 Koch, CharlesCharles Koch$40.0 billion 78United StatesKoch Industries7 Koch, DavidDavid Koch$40.0 billion 73United StatesKoch Industries8 Adelson, SheldonSheldon Adelson$38.0 billion 80United StatesLas Vegas Sands9 Walton, ChristyChristy Walton & family$36.7 billion 58-59United StatesWal-Mart10 Walton, JimJim Walton$34.7 billion 65United StatesWal-Mart

IF YOU THINK ROTHSCHILDS ARE NOT ON HERE BECAUSE THEY BROKE... WELL, YOU CAN'T BE SERIOUS

p.s.

rothschilds own 52% of most western bankin reserves

that includes the us. the debts that are owed are owed to them

KingBAD said:

RodeoSchro said:

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

http://topinfopost.com/2014/02/11/the-master-of-the-world-rothschild-banking-dynasty

http://tobefree.wordpress.com/2010/05/10/the-rothschilds-world-kingpins-worth-500-trillion-they-own-reuters-ap-and-fix-the-price-of-gold%E2%80%A6/

http://thebilzerianreport.com/how-much-money-do-the-rothschilds-have/

http://www.celebritynetworth.com/articles/entertainment-articles/how-rich-is-the-rothschild-family/

NOW, HERE IS A LIST FROM FORBES, YOU WILL NOTICE THAT THE NAME ROTHSCHILD IS NOWHERE ON IT... WHY? YOU MAY ASK. THEIR MONEY HAS HIT THE TRILLIONS AND NO-ONE HAS PERMISSION TO SPEAK ON ROTHCHILDS CASH.

No.NameNet worth (USD)AgeCitizenshipSource(s) of wealth1 Gates, BillBill Gates$76.0 billion 58United StatesMicrosoft2 Slim, CarlosCarlos Slim & family$72.0 billion 74MexicoTelmex, América Móvil, Grupo Carso3 Ortega, AmancioAmancio Ortega$64.0 billion 77SpainInditex Group4 Buffett, WarrenWarren Buffett$58.2 billion 83United StatesBerkshire Hathaway5 Ellison, LarryLarry Ellison$48.0 billion 69United StatesOracle Corporation6 Koch, CharlesCharles Koch$40.0 billion 78United StatesKoch Industries7 Koch, DavidDavid Koch$40.0 billion 73United StatesKoch Industries8 Adelson, SheldonSheldon Adelson$38.0 billion 80United StatesLas Vegas Sands9 Walton, ChristyChristy Walton & family$36.7 billion 58-59United StatesWal-Mart10 Walton, JimJim Walton$34.7 billion 65United StatesWal-Mart

IF YOU THINK ROTHSCHILDS ARE NOT ON HERE BECAUSE THEY BROKE... WELL, YOU CAN'T BE SERIOUS

King ol' buddy, ol' pal - I can't tell you what a breath of fresh air you are! Graycap had a thread about the Rothschilds on P&R and despite about a dozen requests never offered a single lick of proof for his claim. You, on the other hand. come loaded for bear the first time anyone asks!

That is why you are the KING!

I checked out the links you posted. In order, they estimated the Rothschild's entire net worth (all families and offshoots thereof) at:

1. $300 billion - $400 billio
2. $1 trillion
3. $500 trillion
4. "Well over" $100 trillion

I have no doubt there are rich Rothschilds. But how rich are they really? Let's take the conservative estimate from your first link, and use its high estimate of $400 billion.

That is comprised of wealth created in a 222-year span (1792 - 2014, according to your first link).

Compare that with the Walton family (Wal-MArt). Their family net worth is $152 billion. But - it was created in 52 years. If you compund the Waltons' family net worth at 5% over another 170 years, they will be worth $608 trillion dollars!

So either the Rothschilds aren't that good at accumulating wealth, or the reports of their wealth have been greatly exaggerated.

Now, here is a 2007 New York Times article titled "The Man Who May Become The Richest Rothschild". http://www.nytimes.com/20...l&_r=0

You know what's interesting about it? Nathaniel Rothschild started with NOTHING. He had to beg for a job to get his start! If the Rothschilds were worth so much money, don't you think he could have founded his own investment bank with some family capital? From the article:

Puffing away in an anteroom, he ran into Timothy R. Barakett, then a 29-year-old investor who was doing the rounds trying to raise funds for Atticus, his new hedge fund. Learning that Mr. Barakett was starting up a fund, he asked for a job. Mr. Barakett turned him down.

But the two men stayed in touch, and in the fall of 1996, Mr. Barakett took Mr. Rothschild on as a minority partner in the nascent fund, then $90 million in assets, and gave him the title of director of business development with a mandate to tap his considerable connections and family connections for new capital.

Mr. Rothschild took to the new opportunity with renewed vigor. He stopped drinking, reached a divorce agreement and devoted his energies to promoting the investment talents of Mr. Barakett.

- deo..............at it again.

This fool drops my name daily more than my family.

KingBAD said:

p.s.

rothschilds own 52% of most western bankin reserves

that includes the us. the debts that are owed are owed to them

P.P.S.: This is another claim trotted out gy Graycap, and of course, it is another claim he was completely unable to prove. In fact, he ran away from every question about it, after he claimed he could prove it. Maybe you can do better?

.

[Edited 11/10/14 8:52am]

SeventeenDayze said:

RodeoSchro said:

We are all still waiting on Graycap to prove the Rothschilds control any bank, much less every bank.

Maybe you can succeed where he failed?

Now, now - stick to the topic of the thread. You wouldn't want this thread to get locked, like the KKK thread was, would you?

Graycap23 said:

- deo..............at it again.

This fool drops my name daily more than my family.

I know - those pesky facts I'm always posting! Don't you just hate them?

RodeoSchro said:

Graycap23 said:

- deo..............at it again.

This fool drops my name daily more than my family.

I know - those pesky facts I'm always posting! Don't you just hate them?

Is this thee only way u can any attention?

Lol.................the fool actually enjoys being a troll.

Simply amazing.

[Edited 11/10/14 8:18am]