Oxfam has declared that mankind has an inequality problem. In their latest report “An Economy for the 1 per cent,” they claim that the richest 62 people “own as much wealth as the poorest half of the world’s population.”
They are calling on the world leaders meeting in Davos this week to shut down tax haven nations to prevent the rich from stashing their money out of reach of income taxes.
The 62 Here
I went through the entire list, I’m not on it. Damn, I thought I had a chance.
You are trying to hard, quit it. Maybe create some kind of foundation that you will still give you full control. Hide it under the name joe6pak no one would look for it there.
Apparently my wife’s strategy of investing in shoes has also left us off this list. Hopefully my strategy of investing in fishing poles, lures, etc will pay off
Those with huge wealth that they created themselves I have utmost respect, admiration, and gratitude for. They have made the whole world wealthier.
Those with huge wealth that they got via crony “capitalism” or by using the power of govt for their own enrichment, siphoning wealth from the productive, I have nothing but contempt and scorn for. Arrogant parasites.
It seems that these greedy, envious bastards are missing a few statistics:
. How many people living a good life would be plunged into destitution is these 62 disappeared?
. How many of these ‘poorest half of the world’s population live in Communist, Islamic and black-run nations?
. What percentage of the world’s athletes are in the NFL, NBA, etc?
. What percentage of these 62 richest people are happy compared with that of the rest?
. How many jobs would be lost if “tax havens” were eliminated and that money went instead to corrupt politicians?
This article is absurd and its remedies for a non-problem are far more sinister than mere idiocy, they embody the worst of human vices and demagoguery. This is some Evil shit.
Money isn’t static, it’s not finite. Just because someone else has it doesn’t mean you can’t get your own. Understand that point and you’ll understand why it’s pointless to show envy and jealousy attempting to count someone else’s money.
Damn, can you imagine how I felt when I saw that picture of my two yachts on iotwreport.com
Let those 62 people enjoy their wealth. Personally, I’m dirt poor but I don’t begrudge them one bit. I think the concept of income inequality is nothing but a socialist notion, an attempt at wealth redistribution, it’s un-American and I want no part of it.
Oxfam values “fairness in outcomes” not “fairness of opportunity.”
It’s how children think, not adults who realize we live in a Positive Sum World (these 62 people are generating more wealth, not taking from a limited level of wealth, the Zero Sum World).
Perhaps Oxfam should focus on doing away with income taxes altogether and take away the incentive for the rich to stash their money in tax havens.
agree
Pure plagiarism. The talking points from Oxfam are super old.
I got all my money tied up in Confederate bonds.
The South WILL rise again…!
😛
Wow, those tax shelters and havens for Lurch and the Clintons and the other Demo hypocrites may be ending. They only meant to talk negative about them for the voters they didn’t expect to actually lose them!
The politics of envy. Unbecoming and un-American.
I am certain the Trumpster is really ticked that he didn’t make the cut! Looks like he’s in the lower half with the rest of us! Ha ha
What a bunch of pikers! Collectively they are worth about $1,610 Billion! That’s half the worlds wealth? Hell, Obama spends more than twice that every year, and he didn’t even make the list!
You could take all their money, and not make a dent in just Obama’s addition to the national debt!
It makes you wonder how we are gonna pay off that $20,000 billion in debt doesn’t it?
Will you double check my math in my comment on down the thread. That many zeros makes me dizzy.
Edit: That’s the same wealth as the bottom half, not half the planets wealth.
I have double checked your math using common core standards and the correct answer is pineapple. Mason jar and sandbox are also acceptable answers.
Yes indeed.
Besides, I studied the list very carefully and can report that none of the 62 are as good-looking as I am.
Money isn’t everything.
Stupid Oxfam! Those 62 make up the “world leaders” that meet at Davos.