[net-gold] UNITED STATES: GOVERNMENT : UNITED STATES: POLITICS : ECONOMICS: Don't Worry About Our Billionaires
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Net-Gold <NetGold_general@xxxxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>, Health Lists -- Health Diet Fitness Recreation Sports Tourism <healthrecsport@xxxxxxxxxxxxxxxx>, Health Diet Fitness Recreation Sports <healthrecsport@xxxxxxxxxxxxxxx>, HEALTH-RECREATION-SPORTS-TOURISM@xxxxxxxxxxxxxxxxxxx
- Date: Sun, 14 Aug 2011 12:39:51 -0400 (EDT)
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UNITED STATES: GOVERNMENT :
UNITED STATES: POLITICS :
ECONOMICS:
Don't Worry About Our Billionaires
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Don't Worry About Our Billionaires
7:05 PM, Aug. 1, 2011
Des Moines Register
http://www.desmoinesregister.com/article/20110802/OPINION04/308020013/
-1/gallery_array/Don-t-worry-about-our-billionaires
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A shorter URL for the above link:
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http://tinyurl.com/3wrqnff
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Billionaires will gain even more power if the U.S. defaults on its deficit
payments, sending our country and the world into a funk worse than October
2008. According to Forbes, the assembled net worth of the wealthiest 400
U.S. billionaires was up $1.37 trillion last year. Our billionaires
continue to prosper while the rest of the country continues to struggle.
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Charles and David Koch had a combined net worth last year of $44 billion.
If the U.S. defaults and we all loose 30 percent of our wealth, the Koch
brothers will still have $31 billion. With that amount of wealth, they
realistically wont even participate in the effects of another economic
depression.
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snip
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Thats right, they can spend $480 million on Republican Congressmen and the
Tea Party and they will still have a combined wealth of $43.5 billion!
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During the October 2008 economic meltdown, the world lost $50 trillion of
its wealth. The main goal of the Koch brothers is they want President
Barack Obama out in 2012 and their candidate in. Another catastrophic
economic collapse will assure them of their goal and only make them more
powerful and influential than ever.
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James Cornick, Des Moines
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The complete article may be read at the URL above.
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Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
http://daviddillard.businesscard2.com
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