FORTUNE MAGAZINE recently released its annual tally of the 400 richest of the richest. Now it takes $ 1.3 BILLION to make it into the “Fabulous 400”. Just think, you could have $ 1.299 BILLION and you’d be among the poorest of the richest !
In the last year while the 99% increased their overall wealth by 0.4 %, the Richie Rich’s of the world actually collected an additional 34 %.
The 400 make MORE than the 160 MILLION Americans at the bottom of the economic heap.
The collective wealth of the 400 could finance ALL of the homes purchased in 2013-2014.
The wealth of numero uno, Bill Gates, could fund the budgets of the States of Minnesota, Wisconsin, Iowa, North Dakota and South Dakota and still have so much left over that he would still be the richest man in the world.
And while the national wealth continues to gather at the top, the paid mouthpieces for the Vast Right-Wing conspiracy continue to lash out at people who don’t have enough income to pay income tax and those who are eligible for food stamp assistance. The Wacko Right condemns those at the bottom of the heap as the “Takers” while ennobling the 400 as the “Makers”. It’s a damnable lie and its about time we identify it as such.