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Octafish

(55,745 posts)
8. Richest times in human history and they mean AUSTERITY for the Have Nots.
Fri Jul 3, 2015, 08:15 AM
Jul 2015

REAGAN budget guru David Stockman estimated that 7/8 of ALL WEALTH in Human History has been created since 1981. Stockman must've added up all the GDP and estimated the stuff from the middle ages. Whatever. His real point is that most of THAT has ended up in the pockets of the greedhead plutocrats' pockets - the people who foisted Pruneface on Murca.



http://www.cbsnews.com/video/watch/?id=7009217n&tag=related;photovideo

"In 1985, the top five percent of the households, wealthiest five percent, had net worth of $8 trillion, which is a lot. Today, after serial bubble after serial bubble, the top five percent have net worth of $40 trillion," he explained. "The top five percent have gained more wealth than the whole human race had created prior to 1980." -- David Stockman

SOURCE: http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906_page4.shtml

And to think there are kids in America who would go to bed hungry every night if they had a bed or a home.

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