You want facts? Here are some published numbers, taken fom Forbes magazine. This would be the top 10 on their 400 list....
1. Bill Gates Net Worth $57.0 billion 2. Warren Buffett Net Worth $50.0 billion 3. Lawrence Ellison Net Worth $27.0 billion 4. Jim Walton Net Worth $23.4 billion 5. S Robson Walton Net Worth $23.3 billion 6. Alice Walton Net Worth $23.2 billion 7. Christy Walton Net Worth $23.2 billion 8. Michael Bloomberg Net Worth $20.0 billion 9. Charles Koch Net Worth $19.0 billion 10. David Koch Net Worth $19.0 billion
'The rich haven't gotten richer--or poorer--this year. The price of admission to this, the 27th edition of The Forbes 400, is $1.3 billion for the second year in a row. The assembled net worth of America's wealthiest rose by $30 billion--only 2%--to $1.57 trillion.' (quoted from Forbes)
Now, take that in perspective. The 400 richest americans have a net worth of 1.57 trillion dollars. The entire GDP of Canada from a 2007 estimate, as found in teh CIA world factbook (correct or not?) https://www.cia.gov/library/publications/the-world-factbook/print/ca.html is listed as being 1.432 trillion dollars.
Really... stop and think about that. The accrued wealth of 400 people essentially exceeds the annual value of the national economy of 33 million people. You would really have us believe that there is NOT an uneven distribution of wealth?
Whether it's right or wrong is an entire other debate, but I don't think the numbers or the fact of the matter is a subject of much informed debate.
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Today's Featured Article - Restoration Story: 1964 JD 2010 Dsl - Part 2 - by Jim Nielsen. Despite having to disassemble the majority of my John Deere 2010's diesel engine, I was still hopeful I could leave the engine-complete with crankshaft and camshaft-in the tractor. This would make the whole engine rebuild job much easier-and much less expensive! I soon found however, that the #4 conrod bearing had disintegrated, taking with it chunks of the crankshaft journal. As a resul
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