Global Wealth

The 99% complaint about the 1% is becoming real.

According to a report of anti-poverty charity Oxfam International, by next year, 1% of the world population will own more than 50% of the wealth in the whole world. The combined wealth of the 99% will be less than the combined wealth of the 1%.

1% of the world population will own more wealth than the rest of 99%. Something is wrong about this reality. What do you think?

American Plutocracy

Paraphrase: as senator Bernie Sanders said, " Today the United States is number one in billionaires, corporate profits, CEO salaries, childhood poverty, and number one in income and wealth inequality in the industrial world. One in four corporations doesn't pay taxes.Congress doesn't control Wall Street. Wall Street controls Congress."

I'm afraid to say that American democracy has become a plutocracy due to selfish individualism, extreme capitalism and legalized corruption. Obama Obama ... I know it's tough, but what are you going to do?      

Is USA a Democracy ?

USA is no longer a democracy, is it ? Extreme Capitalism, with the extremely selfish and individualistic concept of winner takes all, while having no sympathy for the less capable, less fortunate and losers (deserved or not), has turned America into an Oligarchy and Plutocracy. It has become a country of the rich, by the rich, for the rich. Indeed if you have the choice, please consider moving to Canada. You probably won't regret. Take care !

Land of the Free ?

I am not an American, but I feel sad that USA is going down. Selfish capitalism (or should I say corporatism and plutocracy?), greed for money, fame and power, endless wars and military involvements everywhere, and its ever-increasing heavy debts  - all these led to its decline. 
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American capitalism works wonderfully for the 1% but fails terribly for the 99%.The recent shut down of the U.S.Government is so crazy and ridiculous. 
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Uncle Sam spies on everyone: friends and enemies, American citizens and citizens of the whole world, foreign leaders, embassies, countries, organizations, companies, individuals, EU, even UN, I mean everyone.
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Now think about the global image of Uncle Sam in the world. Sad to say that USA no longer brings respect and admiration from the world, not even from its own citizens. Looks like America is no longer Land of the Free. Please take care !!!