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Wednesday, March 10, 2010

Billionaires do well as millions suffer through their economic crisis

  Left: Buffet and Gates, two of the world's most successful thieves. Right: Carlos Slim
"We've put a lot of money to work during the chaos of the last two years. When it's raining gold, reach for a bucket, not a thimble."
So says Warren Buffet.  Him and Bill Gates have been knocked off the world's richest number 1 spot by Carlos Slim, the Mexican billionaire.  This is what these thugs think about as millions are made homeless, jobless and die through starvation, market induced sickness and disease.

 The article that contains this quote adds,  "Many plutocrats did just that. Indeed, last year's wealth wasteland has become a billionaire bonanza. Most of the richest people on the planet have seen their fortunes soar in the past year.  This year the World's Billionaires have an average net worth of $3.5 billion, up $500 million in 12 months. The world has 1,011 10-figure titans, up from 793 a year ago but still shy of the record 1,125 in 2008. Of those billionaires on last year's list, only 12% saw their fortunes decline."

As people in the US lost their homes and jobs, and public services are savaged, the billionaires held out their buckets to catch the gold. While schools are closed and teachers fired en mass in Central Falls Rhode Island this wasteland has become a "billionaires bonanza".

There's had to be something wrong with you not to want to get rid of this situation.

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