Yes i agree its a music forum but,
its good to have an honest opinion on a piece of writing.
Marcalan wrote a great piece here some time ago along the same lines!
My question would be, Where was all these billions when New Orleans was drowning and still is in a quagmire of
government neglect?. Shame on all of them well healed,well suited government leaders . It never ceases to amaze me how people with lots of money, forget what its like to live on the margin day to day. Ah yes! Bail out the fat cats and let us eat cake!
One man here had his own business, he saved and invested 600 thousand euro for his retirement over 40 years, which is coming up soon for his wife and himself, the poor devil will be lucky to get 300 thousand as his settlement. Disgraceful.
The world’s economy is nosediving this week.
The poorest 40% of our world accounts for just 5% of global income. ‘How can this be?’
The ten richest Americans, according to the Forbes Rich List have a total worth of 298 billion dollars. This is while 12% of the US live in relative poverty.
The ten richest people in the world have a total worth of 426 billion dollars…and do you know what the worst part is?.. Four of these ten (4,5,6 & 8 ) are from India. India is the country of 1.2 billion people where the GDP per ca-pita is $3,700. This compared to Ireland’s $43,600! At least 25% of Indians live in poverty. That’s one in four! That’s at least 300 million people living in poverty while India’s ten wealthiest men are worth 229 billion dollars.
This is the top ten Forbes Rich List:
62 - Warren Buffett (US)
60 - Carlos Slim Helu (Mexico)
58 - Bill Gates (US)
45 - Lakshmi Mittal (India)
43 - Mukesh Ambani (India)
42 - Anil Ambani (India)
31 - Ingvar Kamprad - Ikea (Sweden)
30 - KP Singh (India)
28 - Oleg Deripaska (Russia)
27 - Karl Albrecht (Germany)
There wealth is in billions!.
Can someone please tell me what one person needs $1 billion dollars for?
According to UNICEF, 26,500-30,000 children die each day due to poverty.
Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn’t happen.
Here is an analysis of long-term trends showing the distance between the richest and poorest countries:
3 to 1 in 1820
11 to 1 in 1913
35 to 1 in 1950
44 to 1 in 1973
72 to 1 in 1992
Some improvement Eh!
We have our own fat cats here also who are equally dispicable, stealing from the workers once again. Do i sound like i have a gripe with extremely wealthy people ? Well believe me i dont, i have enough wealth in my own clan. But were not taking the pensions off someones well worked back!
Whatever money is left over when i die i cannot take with me anyways.
But these facts are truly shocking.
It cannot be ignored. Unless of course your living or want to live in Lala land.
Personally i find this whole scenerio obscene.
Namaste to all.
Old Doll.
