The world’s 100 richest people earn enough money in 3 months to end poverty worldwide

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“The richest 1 percent has increased its income by 60 percent in the last 20 years with the financial crisis accelerating rather than slowing the process,” while the income of the top 0.01 percent has seen even greater growth, a new Oxfam report said.

[link to www.trueactivist.com]

The more appropriate question is.....how many jobs do those 100 richest people provide?

How many do the poor provide?


...nuff said.

we need to learn to follow the money - more transparency in global transactions.

people need to learn to take care of themselves. they don't need rich people taking care of them.

it's ok to earn a lot of money as long as you really earned it. the problem is hidden slush funds and laundered money

Apparently not enough, otherwise we wouldn't have such high unemployment rates in the world.

End poverty for how long? Or are you suggesting the poor will become self sufficient with these funds?

The jobs they provide are vastly disproportionate (on the low side) to the obscene amount of money they make. And by the way, MOST of that money is probably options and investment income, not "earned".

Remember this when you're locked outside the gated community of the future.

There are many more factors to high unemployment
...but you expect 100 rich guys to fix it worldwide???

Here's a clue....because you have NONE.

:wreckcrew:

Last Edited by Useless Cookie Eater on 02/24/2013 09:58 AM

Fewer and fewer all the time.

They'd rather hire robots than people.

Even if one believed that....how many jobs do the poor provide?

...once again....nuff said.

I agree but it would already help a lot if they'd stop offshoring.

Offshoring is a function of over regulation and over taxation.

Fix those problems and the new offshoring is minimized.

Money isn't the only problem.
There is a constant lack of people that are willing to think a couple of years ahead, instead they decide to live from day to day and do not invest in their future.
Social structure and education and a balanced political structure, not (entirely) based on ideology, can provide the solution.
That needs money and people with a drive to improve the world.
IMO

The claim is disingenuous. To adequately feed to world's poor requires increasing economic production, which requires an investment of capital. It also requires, importantly, spreading an economic system that can support such investment and production. In other words, it requires the spread of free trade, of capitalism. Taking the 'wealth' of the rich and giving it to the poor will neither invest capital in future production nor spread free trade. Thus, it would momentarily change the balance of wealth, to no long term benefit.

There's also a number of dangers associated with it. First, it would massively rearrange the balance of money, and thus cause massive inflation in poor countries. This would completely undercut any benefit received from spreading the wealth.

Second, by merely giving them money, you encourage dependency. Giving such vast sums of money will not encourage them to become independent.

Further, the 'wealth' that the claim is based on is not actually wealth at all. It's fiat currency - it's debt. The wealth of the rich is illusory, a complete fabrication to enable them to maintain a dominant social and economic position. It is a tool of dominance, not a factor of production. To alleviate the want of the poor requires providing them actual goods. Transferring fiat currency will not do that. Again, only production and a social structure geared towards production can help them. And these are the very things that no government or humanitarian agency is interested in spreading. They are too absorbed in their anti-market, anti-capitalist ideologies to recognize the need for productive social arrangements.

I would also point out that if all it takes to alleviate world poverty is $240 billion, which is of course a total lie, then the rich countries could print that much and send it too them. TARP was $700 billion; the stimulus was over $1 trillion; Europe has increased its own currency supply by trillions; the Fed adds tens of billions to the supply every month.

This is a simplistic, leftist, and manipulative lie.

You want to help the poor, here's what you do:

a) Decrease the power of Western governments and corporations by (i) ending government involvement in the economy, (ii) destroying all corporations by undermining their legal framework.

b) Don't "buy American". Buy whatever is cheapest and of the highest quality, according to your needs and wants. This will have the corollary effect of increasing American production, contrary to rightest propaganda.

c) Establish a hard, gold based currency. This will prevent the monetary enslavement of poor countries.

d) Open free trade agreements with every country in the world, even tyrannies. Remove all international trade barriers.

Do that, and our problems will resolve themselves in a matter of decades.

And what happens after 3 months?

...and don't you love how they allege it will END POVERTY???

Even if one believed that....

How many manufacturing jobs have been taken over by robots?

How many IT jobs have been 'outsourced' to India?

Yea if they buy me a farm with some land to grow crops on and if they give me some equipment and a good source of power to run them.


Iam just a wage slave, and I will never own a farm.


But I would like one.

Interesting how you ignore and avoid answering the actual question.
That tells everyone truly about your honesty and integrity....and just being a general disingenuous shilltard.

Thanks for clearing that up.



Last Edited by Useless Cookie Eater on 02/24/2013 10:16 AM

[link to www.godlikeproductions.com]

240 Billion (dollars) divided by 6 Billion (people) equals 40 dollars per person. So in three months (one fourth of a year) they make enough to give 10 dollars to every person on earth.

How is that supposed to make any kind of difference?

Idiots like you are the reasons this exists.....

Your joking......right

I have 7 working for me.....fuck those of who you speak

Right, give a man a fish and all that

how many jobs do the poor provide?

Okay, Mr. Rockefeller, I'll answer.

Not as many as your mega rich heroes do. (or at least until the mega rich guys figure out how to lay off what's left of their workers, anyway)

How's that.

Now run along and go kiss George Soro's ass.

You know, George Soros. The mega rich guy who started making his fortune by helping the Nazis steal the dead Jews's stuff.

Give an idiot a heap of cash and he will blow it on all kinds of useless garbage and then come back for more.
This has been proven time and time again.

You think uneducated people living in a dirt hut are going to use FREE MONEY wisely?

You are DELUSIONAL.

John Kerry and Nanacy Pelosi are two of the wealthiest

HEY Einstein... tell you a little secret, back in the 60's that southern president Johnson declared a "war on poverty".. have you any idea how much we as tax payers have doled out of our meager pay checks to pay for this war? 16 trillion dollars!!! Since this so called war began we have seen inner city's become run down rat holes, we have seen black familys be dismantled, we have seen a rise in food stamp and welfare use beyond comprehension. There are still poor people like there are still drugs, there will always be poor people as there will always be drugs.

Now if you were to phrase it this way it would work and work well.. The worlds richest people help provide jobs in the most poor countrys. Jobs building homes, providing water and power to poor conditions. Jobs in medicine, Jobs in agriculture.. People who earn their future are much happier than those who are handed a living. Its a fact of life so while it sounds honorable to take from the rich and give to the poor it just does not work out as well as it sounds.

Where I have a huge problem is old people living in squaller while prisoners are well fed, have entertainment a warm bed, medical attention, etc.. OR???? how about we study the humping back polkda dot frog to the tune of 12 million. but our veterans lose their homes to foreclosure.. GET IT?

So was Hitler.

Once they sufficiently end poverty, then our reliance on the world's richest will lessen.

The US government already spends more than that a year on welfare just in the US and its been an ongoing "war on poverty" now for decades. The result is an even higher percentage of people in poverty.

[link to www.usgovernmentspending.com]

Just more class envy bullshit.

Eat the rich, baby.



"god what a moron!" he mutters under his breath as he walks away.