A bunch of entitled, self-appointed nitwits who few give a rip about believes you have too much freedom…
Dianne Feinstein Leaves Stunning Properties to Her and Billionaire Husband’s Daughters…
Dianne Feinstein was one of the Senate’s richest members throughout her trailblazing career — thanks to her billionaire husband…
Ten Things You Can Do Now to Curb Wall Street’s Wealth Transfer System…
The late 1920s and the early 2000s had two things in common. There was an unprecedented level of wealth and income inequality in the United States and there was no federal legislation to prevent giant Wall Street trading houses from owning deposit-taking banks filled with the savings of moms and pops across America. In both […]
‘A Government of the Millionaires, by the Millionaires, for the Millionaires…
Way back in 1863 Abraham Lincoln gave his famed ‘Gettysburg Address’. In it he described ‘a government of the people, by the people, for the people’. Great words. But words are all they were. Fast forward 250 years or so and those famous words have now mutated into ‘government of the millionaires, by the millionaires, […]
Here Come The Calls for a Global Wealth Tax…
A new report strategically timed for release with the start of the World Economic Forum boondoggle at Davos, shows that the world’s 26 richest billionaires now own as many assets as the 3.8 billion people who make up the poorest half of the world’s population. The report titled “Public Good or Private Wealth,” found that top […]
Richest One Percent Made 82% of Wealth Created Last Year…
The world’s richest one percent raked in 82 percent of the wealth created last year while the poorest half of the population received none, Oxfam said Monday, as the world’s elite prepared to mingle at the World Economic Forum in Davos. A new report from the charity also found that the wealth of billionaires has […]
The Richest 1 Percent Now Owns More of the Country’s Wealth Than at Any Time in Past 50 Years…
The wealthiest 1 percent of American households own 40 percent of the country’s wealth, according to a new paper by economist Edward N. Wolff. That share is higher than it has been at any point since at least 1962, according to Wolff’s data, which comes from the federal Survey of Consumer Finances. From 2013, the […]
Top 0.7 Percent of World’s Population Controls $116.6 Trillion of Wealth…
The most recent review shows that nearly half the world’s wealth — or about $255 trillion, which makes up 45.6 percent of the world’s wealth — is owned by a mere 0.7 percent of the world’s population. Meanwhile, 73.2 percent of the world only holds about $6 trillion of the world’s wealth…
The Genetic Advantage of the (Other) 1 Percenters…
Evidence showing that those who succeed are made not born, it suggests the upper tiers of society are stuffed with achievers who were born then made…
How the Wealthiest Americans Got Rich May Surprise You…
“What has shaped generations of wealthy American families are their deeply held values and beliefs, rather than growing up privileged”…