GREED. Jesus Christ had something to say about greed according to Matthew 19:24
New International Version
Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God."
and in
Mark 10:25
It is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of God."
It is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of God."
Luke 18:25
Indeed, it is easier for a camel to pass through an eye of a needle than for a rich man to enter the kingdom of God."
Indeed, it is easier for a camel to pass through an eye of a needle than for a rich man to enter the kingdom of God."
This is not recognized as a tenant of Christianity in the U.S. by the practitioners of the evangelical gospel of greed who worship an alt-jesus most of whom are also members of the gop / greed over people / republican party. The 1% in America is waging a propaganda war against Senators Bernie Sanders I VT and Elizabeth Warren D MA, accusing them of taking from the poor and middle class when in fact their campaign platforms call for higher taxes on the rich to fund the American Social Contract benefiting ALL Americans. The 2020 Presidential Election offers America the chance to address the growing income inequality and to take back our country. From Bloomberg and Common Dreams.....
World’s Richest Gain $1.2 Trillion in 2019 as Jeff Bezos Retains Crown
By
and
Updated on
The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world.
Kylie Jenner became the youngest self-made billionaire this year after her company, Kylie Cosmetics, signed an exclusive partnership with Ulta Beauty Inc. She then sold a 51% stake for $600 million.
It has been almost two months since the Washington Nationals captured their first World Series championship, but people around the world are still singing along to the baseball team’s adopted rallying cry: “Baby Shark, doo-doo doo-doo doo-doo.” The Korean family that helped popularize the viral earworm are now worth about $125 million.
Even car wrecks proved to be a treasure trove. Willis Johnson, the gold-chain-wearing Oklahoma native who founded Copart Inc., has amassed a $1.9 billion fortune by building a network of junkyards to sell damaged autos.
The emergence of atypical fortunes underscores just how much money the uber-rich accumulated in 2019.
And the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion.
Such gains are sure to add fuel to the already heated debate about widening wealth and income inequality. In the U.S., the richest 0.1% control a bigger share of the pie than at any time since 1929, prompting some politicians to call for a radical restructuring of the economy.
“The hoarding of wealth by the few is coming at the cost of peoples’ lives,” Representative Alexandria Ocasio-Cortez, a self-described democratic socialist, said in a Dec. 12 tweet as the U.K. began to vote.
Still, the defeat of Britain’s socialist opposition leader Jeremy Corbyn, whose campaign included attacks on billionaires and calls to “rewrite the rules of our economy,” gave an added boost to mega-fortunes.
Leading the 2019 gains was France’s Bernard Arnault, who added $36.5 billion as he rose on the Bloomberg index to become the world’s third-richest person and one of three centibillionaires -- those with a net worth of at least $100 billion.
In all, just 52 people on the ranking saw their fortunes decline on the year.
Amazon.com Inc.‘s Jeff Bezos was down almost $9 billion, but that drop is because of his divorce settlement with MacKenzie Bezos. The e-commerce titan is still ending the year as the world’s richest person after Amazon shares jumped on Thursday. The company reported a ‘record breaking’ holiday season with billions of items shipped and “tens of millions” of Amazon devices like the Echo Dot sold.
Here’s what the year looked like for the 0.001%:
2019 Winners
2019 Declines
New Billionaires
Despite the widespread gains, plenty of the world’s richest people may be happy to wave farewell to 2019. The year included messy details of the Bezos divorce and the Jeffrey Epstein saga, which enveloped a who’s who of financiers and entrepreneurs, after the convicted pedophile arrested in July by federal agents after stepping off his private jet at Teterboro Airport in New Jersey.
Through it all, their bank balances remained robust, as a record bull market got a December kick with an easing of trade tensions between the U.S. and China, a resolution to Britain’s political stalemate and a blowout U.S. jobs report.
— With assistance by Alexander Sazonov
Published on
by
World's 500 Richest People Gained $1.2 Trillion in Wealth in 2019: Analysis
"In the U.S., the richest 0.1% control a bigger share of the pie than at any time since 1929."
by
The 500 richest people in the world, all of whom are billionaires, gained a combined
$1.2 trillion in wealth in 2019, further exacerbating inequities that have not been seen
since the late 1920s.
That's according to a new Bloomberg analysis published Friday, which found that the
planet's 500 richest people saw their collective net worth soar by 25 percent to $5.9
trillion over the last year.
"In the U.S., the richest 0.1 percent control a bigger share of the pie than at any time
since 1929," Bloomberg noted. "The 172 American billionaires on
the Bloomberg ranking added $500 billion, with Facebook Inc.'s Mark Zuckerberg up
$27.3 billion and Microsoft Corp. co-founder Bill Gates [rising] $22.7 billion."
According to the Bloomberg Billionaires Index, eight of the 10 richest people in the
world are from the U.S.
Amazon CEO Jeff Bezos lost nearly $9 billion in wealth in 2019, according
to Bloomberg, but he will still likely end the year as the richest man in the world with a
total net worth of $116 billion.
The analysis comes as 2020 Democratic presidential candidates, particularly Sens.
Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), have made tackling inequality
a key component of their policy platforms.
Warren has proposed an annual two percent tax on assets over $50 million and a
three percent tax on assets above $1 billion.
Sanders, who has said he does not believe billionaires should exist, is calling for a
wealth tax that would slash the fortunes of U.S. billionaires in half over 15 years,
according to his campaign.
"A small handful of billionaires should not be able to accumulate more money than
they could spend in 10 lifetimes," Sanders said in September, "while millions of
Americans are living in poverty and dying because they can't afford healthcare."
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