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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (718991)	6/2/2013 9:22:35 AM
From: puborectalis	1 Recommendation Read Replies (4) \| Respond to of 1579961

The wealthiest 1 percent now control 39 percent of the world's wealth, and their share is likely to grow in the coming years, according to a new report. The world's total private wealth grew 7.8 percent last year to $135 trillion, according to the Boston Consulting Group's Global Wealth report. The top 1 percent control $52.8 trillion, and those worth $5 million or more control nearly a quarter of the world's wealth. That concentration is likely to increase in the coming years as the wealth of the wealthy grows faster than overall global wealth. The number of millionaires in the world surged by 10 percent year, reaching 13.8 million. The study predicts that global wealth will grow around 4.8 percent a year over the next five years—though millionaires will see their wealth grow nearly twice as fast. Those worth $5 million or more will see their wealth grow 8 percent, while those worth more than $100 million will see their wealth grow 9.2 percent. The $100-million-plus group will see their share of global wealth grow to 6.8 percent in 2017 from the current 5.5 percent. What's driving the wealth of the wealthy? It depends on the country. In the developed world—the U.S. and Europe— it's mainly stocks. And stocks have been on a tear this year in the U.S., which has mainly benefited the top 5 percent, who own 60 percent of all individually held stocks.

To: i-node who wrote (718991)	6/2/2013 12:45:41 PM
From: tejek	Read Replies (2) \| Respond to of 1579961

If he is making $10/hour it is either because he is (a) not motivated or (b) the market says he's worth $10 and no more. Do you think people who are disabled get a fair shot? Of course not. What corp cares about someone is disabled no matter how capable they are. And because they are disabled should they only get $10 per hour no matter how capable they are? If a CostCo wants to pay more, that should be their right. If a McDonalds wants to pay $3.50/hour and they can get people to work for that, then they ought to be allowed to try. These are things that businesses need to work out, not government. I hope they pay you to write this shit because you one angry, bitter, self centered man who is shilling for entities who don't deserve nor need your support.

To: i-node who wrote (718991)	6/2/2013 2:07:32 PM
From: bentway	Read Replies (2) \| Respond to of 1579961

"If a CostCo wants to pay more, that should be their right. If a McDonalds wants to pay $3.50/hour and they can get people to work for that, then they ought to be allowed to try. These are things that businesses need to work out, not government." If a Costco wants to employ freedmen and actually pay them, that should be their right. If a McDonalds wants to use slaves, then they ought to be allowed to try. These are things that businesses need to work out, not government. Fixed