85 people have as much money as half the world

85 people have as much money as half the world
The combined wealth of the richest equals that owned by 3.5 billion of the poorest, a new report shows.
http://money.msn.com/investing/post--85-people-have-as-much-money-as-hal...

"The combined wealth of the world's richest 85 people is now equivalent to that owned by half of the world's population -- or 3.5 billion of the poorest people -- according to a new report from Oxfam."

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Good for them, I'd like to get some of that but it means I would have to work harder, smarter, and be more ambitious just like many of them were. Even if it were handed down to me through inheritance I'd still have to be smart enough not to squander it or destroy what my forebearers had built. Sounds like a lot of work, much easier to wait until the government takes it from them for me and just hands it to me.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

For the Love of Money
By Sam Polk a former hedge-fund trader and the founder of the nonprofit Groceryships.
http://www.nytimes.com/2014/01/19/opinion/sunday/for-the-love-of-money.h...

Comment from above story:

Matt R
Brooklyn 2 days ago

"It always feels strange for me reading a piece like this. I know I'm supposed to feel pleased at the author's epiphany. But I don't. I feel angry. It's nice that after making more money than I've made in my life the author was willing to walk away. It's nice that he was able to become sober, though i doubt there would have been many repercussions if he hadn't. It's nice that he went on to perform charity work. But he still seems to be an over-privileged person. Most regular people who are squeaking by can't afford to think less of money. They might want to. But money is their ticket to survival. Nor can they afford to mess up with drugs and alcohol and get multiple chances in life.
It's a rich person's dream to have a less materialistic world.
Now if the author had done something to actually help take down the capitalist system in which he so readily participated? Then we could talk about what a mensch he is. In the meantime all I can say is I hope he realizes he owes society a lot more than what he describes in this article. I know he is doing charity work and I applaud that. But honestly, we need to have fewer poor people so we don't need charities. Charities, for all their good, are also a capitalists way of not feeling guilty. Sam had (and has) a chance to do more. I hope he does."

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

I aspire to be one of these people. Is there something wrong with them? Is there a problem with that?

(Obama's "income equality" is malarkey!)

The Liberal solution is to use government to tax the bajeesus out of people, which invariably hurts the middle class the most. The rich are well positioned to dodge taxation, and the poor have nothing to tax.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Paul will it bother you when Snyder gets reelected up in Michigan?

MikeyA

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