Wednesday, November 06, 2013

THE SUPER-RICH ARE THE ENEMY

 
Dickens' London brought to life

The super-rich are often people who grab control of national resources, use high levels of government influence, pay extremely low wages, and squash competition.

The USA's wealth increased from $47 trillion, in 2008, to $72 trillion, in mid-2013. 

This is according to the 2013 Global Wealth Databook.

Between 2008 and 2013, the top 5 percent of Americans have each gained, on average, nearly a million dollars.
But according to U.S. Government Revenue figures, federal income taxes have gone DOWN from 2008 to 2012. 

Corporations have seen their tax rate cut by half.




In America, the super rich don't necessarily need ordinary American workers.

The factories of the super rich can be moved to Asia; or they can use robots.

The products of these factories can be sold in Asia.



The super rich don't need ordinary schools, hospitals, buses, pensions or policemen.

The super rich go private.

They use private schools, hospitals, helicopters, pensions and security.


The super-rich are not necessarily particularly well-educated or hardworking.

They make use of the research done by American universities.

Google's business "started as ARPANET, the Defense Department's Advanced Research Projects Agency computer network from the 1960s. 

"The National Science Foundation funded the Digital Library Initiative research at Stanford University that was adopted as the Google model."

"Companies like Pfizer and Merck have relied on basic research performed at the National Institute of Health."

Much more here: How the Super-Rich Are Abandoning America


whatwouldjackdo.net.

The bankers are not particularly clever, except when it comes to manipulating markets.

One of the USA's major industries is the trade in illegal drugs.

The USA also makes money from human trafficking and from the arms trade.


America is run by the Robber Barons.

The term Robber Barons appeared in the August 1870 issue of The Atlantic Monthly[1] magazine.

The Robber Barons were "businessmen who used exploitative practices to amass their wealth.[2]

"These practices included exerting control over national resources, accruing high levels of government influence, paying extremely low wages, squashing competition..."



These Robber Barons included people such as Andrew Carnegie, Edward Harriman, James Hill and Henry Plant.

What we are talking about is the Feudal System, whereby a rich elite, belonging to more than one religious group, exploits the ordinary citizen.

The Feudal system is not something new.


10 comments:

Anonymous said...

The Brutal Past and Present are Another Country in Secret Australia1

http://www.globalresearch.ca/the-brutal-past-and-present-are-another-country-in-secret-australia/5356993

Anonymous said...

RICH OR POOR WE ARE OUR OWN ENEMIES....

Anonymous said...

The problem of the super-rich.

Stating the blatantly obvious, which apparently, is not yet blatantly obvious enough.

Which again, is the problem of the super-rich.

Great post.

Bears repeating, again and again and again.

Maybe someday there will be a solution?

nedlud

Newspaceman said...

The global wealth handbook you link to carries an image of the Statue of Liberty on the front. It also discusses a wealth "pyramid".

Some say that the statue is a representation of Isis, which may or may not be true.

However, it is true that the statue was a gift from French freemasons to their American brothers. There's an image here of the cornerstone of the base, with masonic symbols. There's also mention of "enlightening the world".

http://freemasonrywatch.org/statue_of_liberty.html

cheers

Anonymous said...

There Once Was a Time When the Super-Rich Needed a Middle Class to Be Successful -- Not Any More

Times have changed -- and the elites inhabit their own private economy

http://www.alternet.org/economy/rich-dont-need-us

Anonymous said...

ARE THE SUPER ELITE TRULY SAFE WHEN THE THRONGS OF THE DISPOSSESSED APPEAR ON THEIR DOORSTEP? IS ANYONE REALLY SAFE WHEN THE WALLS COME CRASHING DOWN AGAINST THE DIN OF THE PISSED OFF MOB?

... said...

In the UK, working people should not 'opt in' to their company's Private Pension schemes, because they are simply handing free money over to the super-rich and they don't even notice it. BY retirement the money will be far less than expected whilst all along their monthly installment was profited upon by the elites on the markets for their own huge pockets. People should realise this. I don't know what the solution is but the brand new current UK schemes are just 'stealth' theft from the working classes.

Anonymous said...

Thanks, folks, for all you do, and keep up the good work. I will still follow. Note, however, that the blog summonthemagic passed away uneventfully just a few moments ago.

Anon said...

summonthemagic

This is an excellent blog and it is very unfortunate that it has been removed.

Hopefully it will come back, after the November Blues have passed.

- Aangirfan

Anonymous said...

The former stm will morph into something else and some other form and appear in a location yet to be determined. All copy was preserved in personal archives. I couldn't see collaborating with obvious totalitarianism; I can't escape it (it's everywhere). But that doesn't mean I have to shine its shoes.

 
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