NoTeaPartyPleez
Gold Member
- Dec 2, 2012
- 11,826
- 1,912
Why don't you try that yourself?
Here's some info for you. Occupy Wall Street is right. The money really is all at the top. The middle class is gone, Congress is being paid to do exactly what they are told because the top 1% doesn't care about the other 99%.
Here's the top 14 of the 400 wealthiest Americans in 1985:
1. Sam Moore Walton, 67, Bentonville, Ark., Wal-Mart discount stores, $2.8 billion.
2. Henry Ross Perot, 55, Dallas, Electronic Data Systems, $1.8 billion.
3. David Packard, 73, Los Altos Hills, Calif., Hewlett-Packard, $1.5 billion.
4. Margaret Hunt Hill, 70, Dallas, inheritance, oil, $1.4 billion.
5. Caroline Rose Hunt Schoelikopf, 62, Dallas, inheritance, oil and real estate, $1.3 billion.
6. Samuel Irving Newhouse Jr., 57, New York, publishing, $1.1 billion.
7. Donald Edward Newhouse, 56, New York, publishing, $1.1 billion.
8. David Rockefeller, 70, New York and Tarrytown, N.Y., inheritance, banking and real estate, $1 billion.
9. Henry Lea Hillman, 66, Pittsburgh, industrialist, $1 billion.
10. John Werner Kluge, 71, Charlottesville, Va., and New York, Metromedia, $1 billion. 11. Helmsley, Harry Brakmann, 76, New York, real estate, $1 billion.
etc. down to
14. Haupt, Enid Annenberg, 79, New York, inheritance (publishing), $180 million.
Roughly $16 billion, correct?
Now compare it to the top 14 wealthiest Americans in 2013 and note the difference in actual dollars:
1
Bill Gates
$72 B 57 Medina, Washington Microsoft
2
Warren Buffett
$58.5 B 83 Omaha, Nebraska Berkshire Hathaway
3
Larry Ellison
$41 B 69 Woodside, California Oracle
4
Charles Koch
$36 B 77 Wichita, Kansas diversified
4
David Koch
$36 B 73 New York, New York diversified
6
Christy Walton & family
$35.4 B 58 Jackson, Wyoming Wal-Mart
7
Jim Walton
$33.8 B 65 Bentonville, Arkansas Wal-Mart
8
Alice Walton
$33.5 B 64 Fort Worth, Texas Wal-Mart
9
S. Robson Walton
$33.3 B 69 Bentonville, Arkansas Wal-Mart
10
Michael Bloomberg
$31 B 71 New York, New York Bloomberg LP
11
Sheldon Adelson
$28.5 B 80 Las Vegas, Nevada casinos
12
Jeff Bezos
$27.2 B 49 Seattle, Washington Amazon.com
13
Larry Page
$24.9 B 40 Palo Alto, California Google
14
Sergey Brin
$24.4 B 40 Los Altos, California
The richest 14 Americans less than 30 years ago had about the same income as No. 26 on the current Forbes 400 list: Paul Allen of Microsoft who has $15.8B.
Even translated into 2013 dollars from 1985, that's still a gross discrepancy. And these people have paid for what is happening to us ALL now.
You can fire Congress, burn every one of them at the stake, but the billionaires will just buy themselves a bunch of new whores and continue with their party.
two things: the Fed has been driving down the value of the dollar, note the difference between the 2 lists
If Capitalism worked as the CommProgs suggest the list would be static
So in 2012 total value of the list of richest 14 $478 billion!!
Remember this is Assets minus debts right???
So in 2008 households and nonprofits held $40,814,000,000 (That's trillions)) which is 1%!!!!
OH HUMMM... YAWN!!! BIG f...king deal! so 14 billionaires are moaning about and THAT's less the 1% of all households $40 trillion!
View attachment 27910
Total Assets of the U.S. Economy $188 Trillion, 13.4xGDP : rutledgecapital.com
It was assets minus debts in 1985, too.
Why are you quoting pre-recession data?
How many "households and nonprofits" does that take into account?
What are the figures for 2012?
Can you answer any of the above questions?
Oh, and that's "Billions" from 2009, not "Trillions" from your link. Do you know the difference?
![total-assets-by-sector-q4-2009-600x300.jpg](/proxy.php?image=http%3A%2F%2Frutledgecapital.com%2Fwp-content%2Fuploads%2F2009%2F05%2Ftotal-assets-by-sector-q4-2009-600x300.jpg&hash=35cf5d9166c050db6321072f74b28c8f)
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