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Octafish

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Gender: Male
Member since: 2003 before July 6th
Number of posts: 55,745

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Wealth of richest 400 Americans surges to $2.29 trillion! Yowsa! Yowsa! Yowsa!

Let the good times roll!



Wealth of richest 400 Americans surges to $2.29 trillion

By Andre Damon
World Socialist Web Site, 6 October 2014

The wealthiest 400 people in the United States had their combined net worth grow thirteen percent to $2.29 trillion this year, amidst a surging stock market and record corporate profits. The figures come from the Forbes 400 list of the wealthiest Americans, compiled every year since 1982 by the American business magazine of the same name.

As Forbes noted last week, the net worth of these 400 individuals is “about the same as the gross domestic product of Brazil, a country of 200 million people.” The average net worth of the Forbes 400 hit $5.7 billion, up by $700 million over the past year.

The new figures of wealth in America were generally buried in the media. Neither the New York Times nor the Wall Street Journal published an article. Nor has it been a topic in political campaigns, one month before the midterm elections. Neither big-business party has an interest in calling attention to the extraordinary levels of social inequality in the US, with endless claims that there is no money for basic social services.

Last week marked the sixth anniversary of the signing of the Emergency Economic Stabilization Act of 2008, which established the $700 billion Troubled Asset Relief Program, better known as the bank bailout. Since then, the wealth of the richest sections of society has soared while the annual income of the typical household has fallen by five percent.

SNIP...

[font color="green"]* Bill Gates, co-founder of Microsoft and the richest man in the US for 21 years in a row, had his wealth increase $9 billion in one year, to $81 billion. Gates’ wealth has increased by a staggering $31 billion in the past five years. To put this figure in perspective, since 2009 Gates’ wealth has increased by nearly 30 times the annual budget of the city of Detroit, currently in bankruptcy.[/font color]


CONTINUED...

http://www.wsws.org/en/articles/2014/10/06/forb-o06.html

So, while on paper these are the greatest boom times in history, most of the boom in terms of hard cash has landed in the pockets of Haves and the Have-Mores.

You say that as if it was a bad thing.

I met dozens of authorities at "Passing the Torch: An International Symposium on the 50th Anniversary of the Assassination of President John F. Kennedy" at Duquesne University and reported on what they said. Did you see any of that mentioned on your tee vee? Did your local newspaper cover the conference? I doubt it.

Why does my sharing what I learned with DU bother you? Don't you want to know about the death of President Kennedy? You should. President Kennedy worked every day in office to keep the peace, got us started to the moon, and promoted prosperity of the New Deal through the New Frontier. IMFO, warmongers in high office, possibly including US government employees, murdered him and covered it up afterward.

“The most effective way to destroy people is to deny and obliterate their own understanding of their history.” -- George Orwell

For those interested in learning the latest, with links to details from the:

Octafish to attend JFK assassination conference. Do you think JFK still matters?

JFK Conference: Amazing Day of Information and Connecting with Good People

After JFK Conference, when I got home, I felt like RFK.

JFK Conference: Bill Kelly introduced new evidence - adding Air Force One tape recordings

JFK Conference: Rex Bradford detailed the historic importance of the Church Committee

JFK Conference: Lisa Pease Discussed the Real Harm of Corrupt Soft Power

JFK Conference: James DiEugenio made clear how Foreign Policy changed after November 22, 1963

JFK Conference: Mark Lane Addressed the Secret Government’s Role in the Assassination

JFK Conference: David Talbot named Allen Dulles as 'the Chairman of the Board of the Assassination'

JFK Conference: Dan Hardway Detailed how CIA Obstructed HSCA Investigation

Noah's Ark - Nov. 22, 1963

JFK Remembered: Dan Rather and James Swanson talk at The Henry Ford

Seven Days in May -- tonight on TCM

Machine Gun Mouth

As for the CIA and the murder of the Venezuelan politician, no that's not what I wrote. Those are words you falsely attribute to me. That, also, is a sign of a character assassin, Dreamer Tatum.

Universal sign of WTF



Love Field, Dallas, Texas, Nov. 22, 1963



PNC Park, Pittsburgh, Pennsylvania, Oct. 1, 2014

I trust them. I don't trust the information they are given.

CIA lied to the best of them and look at where that's got our nation.

What's more: they keep the best stuff for themselves at Carlyle Group and the rest of the warmongering herd. Business.

Secret Service didn't like African Americans in 1963. Ask Agent Abraham Bolden.

Former U.S. Secret Service Agent Abraham BOLDEN was the first African American Secret Service agent to serve in the White House, personally appointed and literally hand-picked by President John F. Kennedy to the White House detail. Agent Abraham Bolden reported overt racism by his fellow agents and outright hostility toward the "n------loving president," quoting fellow Secret Service agents on the JFK detail.

In addition to enduring all manner of personal indignities, he was concerned at the lack of professionalism in those assigned to protect the president and reported his concerns. He was told, "OK. Thanks" by his superiors. When the problems weren't addressed, Bolden requested transfer back to the Secret Service office in Chicago.



Abraham Bolden speaks at JFK Lancer.



The story of a man who told the truth:



After 45 Years, a Civil Rights Hero Waits for Justice

Thom Hartmann
June 12, 2009 11:52 AM

A great miscarriage of justice has kept most Americas from learning about a Civil Rights pioneer who worked with President John F. Kennedy. But there is finally a way for citizens to not only right that wrong, but bring closure to the most tragic chapter of American presidential history.

After an outstanding career in law enforcement, Abraham Bolden was appointed by JFK to be the first African American presidential Secret Service agent, where he served with distinction. He was part of the Secret Service effort that prevented JFK's assassination in Chicago, three weeks before Dallas. But Bolden was framed by the Mafia and arrested on the very day he went to Washington to tell the Warren Commission staff about the Chicago attempt against JFK.

Bolden was sentenced to six years in prison, despite glaring problems with his prosecution. His arrest resulted from accusations by two criminals Bolden had sent to prison. In Bolden's first trial, an apparently biased judge told the jury that Bolden was guilty, even before they began their deliberations. Though granted a new trial because of that, the same problematic judge was assigned to oversee Bolden's second trial, which resulted in his conviction. Later, the main witness against Bolden admitted committing perjury against him. A key member of the prosecution even took the fifth when asked about the perjury. Yet Bolden's appeals were denied, and he had to serve hard time in prison, and today is considered a convicted felon.

After the release of four million pages of JFK assassination files in the 1990s, it became clear that Bolden -- and the official secrecy surrounding the Chicago attempt against JFK -- were due to National Security concerns about Cuba, that were unknown to Bolden, the press, Congress, and the public not just in 1963, but for the next four decades.

SNIP...

Abraham Bolden paid a heavy price for trying to tell the truth about events involving the man he was sworn to protect -- JFK -- that became mired in National Security concerns. Bolden still lives in Chicago, and has never given up trying to clear his name.

Will Abraham Bolden live to finally see the justice so long denied to him?

CONTINUED...

http://www.huffingtonpost.com/thom-hartmann/after-45-years-a-civil-ri_b_213834.html



After the assassination, he went to Washington on his own dime and reported what he saw to the Warren Commission. For his trouble -- and despite an exemplary record as a Brinks detective, Illinois State Trooper, and Secret Service agent -- Bolden was framed by the government using a paid informant's admitted perjury and spent a long time in prison. The government also drugged him and put him into psychiatric hospitals.His real crime was telling the truth.

Americans know the Truth: the country hasn't been the same since Nov. 22, 1963. President Kennedy kept the nation out of Vietnam and started toward the moon. Imagine what the New Frontier could have become for us today? Certainly would not be a time where "money trumps peace."

Aren't they a division of the Carlyle Group?

What comes before "plastics."
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