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Oxfam report: the richest 1% will own more than 50% of the world’s wealth by 2016

Anti-poverty charity, Oxfam, has released a report titled, “Wealth: Having It All and Wanting More,” which reveals that the richest 1%, who had an average wealth of $2.7 million per adult in 2014, have seen their share of global wealth soar yet further, increasing from 44 percent in 2009 to 48 percent in 2014.

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It must be good to be part of the 1%’s.

Anti-poverty charity, Oxfam, has released a report titled, “Wealth: Having It All and Wanting More,” which reveals that the richest 1%, who had an average wealth of $2.7 million per adult in 2014, have seen their share of global wealth soar yet further, increasing from 44 percent in 2009 to 48 percent in 2014.

Going further, according to Oxfam, at this rate the richest 1 percent will own more than 50 percent of the world’s wealth by 2016. Lord and serfs.

RT reports…

As global movers and shakers head to the World Economic Forum in Davos, Switzerland, Oxfam is warning that an increasing wealth disparity is “leaving ordinary people voiceless and their interests uncared for.”

The collective wealth of the world’s richest 1 percent will exceed that of the other 99 percent of the global population next year, unless steps are taken to address the inequality, Oxfam warned ahead of the annual Davos meeting.

Oxfam executive director Winnie Byanyima, who will co-chair the Davos symposium, said she will draw attention to the grim fact that “one in nine people do not have enough to eat and more than a billion people still live on less than $1.25 a day,” she told The Guardian.

“Do we really want to live in a world where the 1 percent own more than the rest of us combined? The scale of global inequality is quite simply staggering and despite the issues shooting up the global agenda, the gap between the richest and the rest is widening fast.”

Wait a sec…I can answer that one. Yes, this is the bedrock of the West’s neo-liberal ideals, that are being spread to the rest of the world, like it or not.

However, despite constant warnings that the upward curve in wealth concentration will only lead to disaster, the rich continue to gobble up a bigger and bigger share of the global wealth pie.

Last year, Oxfam reported that the world’s 85 richest people have the same wealth as the poorest 50 percent (3.5 billion people). This year, Oxfam said the reality has become even more worrisome, with just 80 people owning the same amount of wealth as more than 3.5 billion people.

In 2010, the number of individuals owning the same amount of wealth as the poorest half of the world’s population was 388.

According to Byanyima, one way of addressing the “rising tide of inequality” is to crackdown on tax-dodging by corporations, and to push for progress towards a global deal on climate change.

The statistics provided by Oxfam paint a dark portrait of the challenges facing the planet in the face of severe wealth concentration.

“Twenty percent of billionaires have interests in the financial and insurance sectors, a group which saw their cash wealth increase by 11 percent in the 12 months to March 2014,” according to the group.

These corporate sectors spent $550 million “lobbying policy makers in Washington and Brussels during 2013,” severely altering the scope of government representation originally designed for the electorate.

Meanwhile, during the 2012 US election campaign, the financial sector provided $571 million in campaign contributions, Oxfam said.

The charity said the wealth of the super-richest 80 people doubled between 2009 and 2014, and that increasingly the wealth was being used by the rich to further their own interests, usually by lobbying efforts in government.

More than one-third of the 1,645 billionaires listed by Forbes magazine inherited some or all of their riches.

Oxfam does have a seven-point plan to alleviate global inequality, and is calling on governments to begin implementing such a plan…good luck with that one.

  1. Clamp down on tax dodging by corporations and rich individuals.
  2. Invest in universal, free public services such as health and education.
  3. Share the tax burden fairly, shifting taxation from labour and consumption towards capital and wealth.
  4. Introduce minimum wages and move toward a living wage for all workers.
  5. Introduce equal pay legislation and promote economic policies to give women a fair deal.
  6. Ensure adequate safety nets for the poorest, including a minimum income guarantee.
  7. Agree a global goal to tackle inequality.

References:

http://rt.com/news/223963-oxfam-wealth-davos-report/

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##Oxfam report: the richest 1% will own more than 50% of the world’s wealth by 2016 http://t.co/rlKJ4xfKt4 #Politics http://t.co/K3M6a9wvbE

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A dispassionate case for the American border wall

All the arguing on both sides is a rhetorical war that prevents action from happening. Here are simple reasons the border wall should go up.

Seraphim Hanisch

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One of the hottest news stories in the American press has been that over the border wall, proposed by President Trump during his campaign, and now resting at the center of a debate that has about one-quarter of the US governmental services in a state of shutdown. We have observed fiery, passionate, and even disgusting levels of rancor and bitterness in the political rhetoric concerning the wall. This debate goes on in the news media, and many of the Americans who watch and listen to this take on the fire of these arguments to even more passionate levels.

However, the passion has largely obscured the actual issue of border security, perhaps by design. As long as people keep fighting over it, it still is not getting done. And while thankfully the American government is designed to work very slowly in determining important matters, here, that trait is being exploited, mostly by Democrats, but also by Republicans and even possibly, President Trump himself.

The motives each side has vary.

President Trump wants Congress to pass wall funding because then it is a legislative act that the Legislative and Executive branches of government agree on. It is unlikely that the Supreme Court will be called upon to test such a resolution for its legality. This is one very significant reason why the President is trying every way possible to get this through Congress.

If he goes the route of declaring a “National Emergency” then, according to a number of sources, the first thing that is likely to happen after the build order is a lawsuit that stops the process in its tracks – probably a land-use lawsuit regarding eminent domain and damage to the properties of private citizens, who for various reasons do not want a barrier built through their lands. This is a problem that the American government has sadly created for itself with a very poor reputation of proper reparations for the invocation of Eminent Domain land claims.

This is the simplest way to explain the raison d’être behind the President’s hesitation to invoke executive emergency powers.

For the Democrats, the motive is interesting. The rhetoric from conservatives, including the President, is that the Dems do not want the wall simply because the “imposter” President wants one. 

For anyone who thinks that this is an utterly insane, and indeed, childish, argument, well, you would be exactly right. It is.

It also appears to be true. Evidence for this is shown by the fact that almost every critic quoted by the mainstream press is a Democrat. How is it possible that Democrats have a unique hold on facts that other people just don’t? Even when a Republican expresses a concern about the wall, there is still actual logistical information backing the claim:

Republican and Democratic lawmakers raised immediate concerns over shifting funds that have already been approved by Congress for projects in states across the nation.

Rep. Mike Simpson of Idaho, a top Republican on the Appropriations Committee, said he has been hearing from lawmakers in recent days concerned that Army Corps projects in their states could be canceled or postponed.

(This is a concrete situation that is based on normal concerns about money and not about ideological political views.)

“If they drag the money out of here,” Simpson said in an interview late Thursday, “a lot of members will have problem with it.”

(But now in come the Democrats, and observe as logic leaves and is replaced by fiery language.)

Rep. Peter DeFazio, D-Ore., the incoming chairman of the Transportation and Infrastructure Committee, said in an interview that rebuilding the disaster areas is “a way higher priority benefiting the American people than a wasteful wall.”

He said the Army Corps works on dams, levees and other projects across the nation and has an enormous backlog of unfunded needs. “It would be an incredible disservice to the American people and the economy” to divert the money to the border wall, he said.

And Rep. Nydia Velazquez, D-N.Y., said in a statement that it would be “beyond appalling for the president to take money from places like Puerto Rico that have suffered enormous catastrophes, costing thousands of American citizens’ lives, in order to pay for Donald Trump’s foolish, offensive and hateful wall.

“Siphoning funding from real disasters to pay for a crisis manufactured by the president is wholly unacceptable and the American people won’t fall for it,” she said.

The Republican here spoke without passion, simply saying there is concern about shifting funds for the wall. But the Democrats used incendiary language like “wasteful” and “foolish, offensive and hateful” as adjectives to describe the border wall. Very passionate expressions, which are being repeated ad nauseam by the mainstream press and all of the Democrat party.

The bias most notably and publicly showed in the accusatory language of the Democrat kingpins themselves, Chuck Schumer and Nancy Pelosi.

There is little true “debate” about the border wall. Most discussion on the news media or social media is verbal rock-throwing rather than respectful, honest and fair discussion. As noted before, this may be part of the design to prevent action on the wall.

However there are dispassionate and reasonable arguments that support the construction of this project. Here are some of those reasons:

  •  A 30-35 foot tall wall running the entire length of the border is probably the cheapest and most cost effective single deterrent to illegal border crossings. Whoever wants to cross the border has to make some provision for dealing with the wall. If that provision is rather difficult, it will dissuade most people from trying it.
  • A wall reduces the need for manpower along the border. While it is absurd to assume that the wall alone would keep every illegal immigrant out, it also facilitates efficient deployment of manpower and other means for active border control.
  • Even if the wall is not continuous along the entire length of the border (which is likely to wind up as the case), where it isn’t is easier to monitor. This is another aspect of the manpower issue. There are likely to be gaps and open spaces for a variety of reasons. But right now, there are about over 1,200 miles of the 1,954 mile long border that have no barrier present. That is a lot of space to monitor actively.

These three reasons are really so close as to be almost the same exact reason. But the arguments for and against the border wall are being conducted in an apparent context that in order to secure a border, this is all anyone needs to do. This is an absurd idea and is being used to try to deflect action.

  • The best border security systems in the world are systems of walls, fences and monitoring facilities. Even the Great Wall of China did not stop all invaders. It deterred a lot of probable attempts though. The wall was also manned so that active attempts to get through it could be stopped in active manners.
  • The North – South Korean DMZ and the Berlin Wall are also particularly effective as parts of an overall border crossing deterrent system. The fences, trenches and watchtowers along the length of these two borders create an extremely effective measure to deter illegal crossings. For example, the Berlin Wall stood from 1961 to 1989, a total of 28 years. During that period, only five thousand people crossed that border. The US Border Patrol conducted over 300,000 apprehensions of illegal immigrants crossing the border in 2018 alone.

The imagery of walls like North Korea’s and East Berlin’s are part of the reason why the border wall comes across as an unsavory idea. There is probably no American that does not know this image, and no one in the country like the idea of such a barrier being associated with the United States.

However, that is simply not the issue. The US is not a police state trying to keep people inside. It is dealing with a decades-long stretch of bad policy regarding immigration which will not be stopped except by radical means.

Many families made a very long journey this year in the migrant caravans to try to game the American system. It is understandable that many of these people are trying to get away from bad conditions in the countries they left. But taking advantage of the United States is wrong, and the wrong is shared equally by the actions of the illegals and by the weak posture of the United States herself.

The simplest fact is that only strength assures freedom. A strong border reinforces safe immigration. A strong and effective immigration policy relies on having a tightly controlled border AND an asylum and entry facilitation process that is thorough, lawful and dispassionate. The USA has had this in place in other points of entry, such as Ellis Island. Leaving the Mexican frontier open now is just stupid policy. An integrated, careful process to process would be immigrants as quickly and carefully as possible needs to become part of the new American way of doing things. There is no swifter way to guarantee overall immigration policy change than the construction of the physical barrier along the US-Mexican border.

It does not matter how anyone feels or thinks. Walls work when used rightly. President Trump’s plan satisfies all the required needs for a good US immigration policy as regards the Mexican border.

 

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US Women’s March implodes upon itself [Video]

This year’s Women’s March collapses due to not being politically woke enough, in a truly astounding fashion.

Seraphim Hanisch

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If this doesn’t make your head spin, perhaps you are either dead, or sufficiently “woke.” The Humboldt County Annual Women’s March, set for January 19th of this year got canceled because it was “too white.”

Yes. Too white. This is a county in Northern California, 270 miles north of San Francisco. According to the Wikipedia entry, on this locale, the 2016 census gave this demographic result.

In other words, the county’s own demographics are very white.

So, does this make sense? No? Well, maybe the interview will clear it up.

Still no?

It seems that Jesse Watters was just as stunned as anyone else. The expression on his face is priceless. Should I laugh now, or later? How does this woman actually believe her own rhetoric?

But the woman, Kelsey Reedy, seems to have the logic worked out in her mind.

Maybe that is because she is a woman. A liberal woman. Fantasy turned inside out. But wait! She also even included expletive language on a televised interview, which is indecent in of itself.

It would appear that being “woke” can truly turn in on itself.

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“The Criminals Who Run The Deep State Will Be Exposed”: Kim Dotcom Teases “Next Round Of Leaks”

Kim Dotcom: “Get ready for the next round of leaks.”

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Via Zerohedge


Hacker and serial entrepreneur Kim Dotcom is out with a new prediction for 2019:

“Get ready for the next round of leaks.”

Dotcom then tweeted “This year the criminals who run the Deep State will be exposed,” adding “The shareholders profiting from war and chaos. The billionaires who turn democracy into an illusion. They own politicians, judges and all your data. They are the biggest pirates in history. Want to know who they are?”

For those paying attention, Dotcom dropped massive breadcrumbs going all the way back to 2015 regarding the WikiLeaks release of Hillary Clinton’s emails during the 2016 US election.

And while he’s has made headlines for years, in February Dotcom boldly stated that the DNC “hack” which kicked off the Russian election interference narrative was bogus, tweeting: “Let me assure you, the DNC hack wasn’t even a hack. It was an insider with a memory stick. I know this because I know who did it and why.”

Dotcom says he offered to produce evidence to Special Counsel Robert Mueller, twice, and they never even replied to him.

Apparently Mueller is only interested in the chosen narrative, regardless of whether or not the glove fits.

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