SHOULD MEXICO DO SOMETHING FOR THEIR POOR OTHER THAN EXPORT THEM TO LOOT AMERICA?
IMMANENT COLLAPSE THE PENA-NIETO
REGIME AND FALL TO THE LA RAZA DRUG CARTELS ON AMERICAN OPEN AND UNDEFENDED BORDERS.
IMMANENT COLLAPSE THE PENA-NIETO
REGIME AND FALL TO THE LA RAZA DRUG CARTELS ON AMERICAN OPEN AND UNDEFENDED BORDERS.
More significant still, a former Mexican official, Jorge CastaƱeda, threatened to unleash Mexican cartels onto the U.S. to retaliate for deportations of illegal immigrants and the construction of a border wall.
“Mexico in a country whose
four wealthiest billionaires control as much wealth as the bottom half of the
population—the 65 million that live in poverty (which includes 13 million
living in extreme poverty)—and where the top 10 percent as a whole accounts for
67 percent of Mexico’s national wealth.”
"Carlos Slim Helu of Mexico was number six on the Forbes list with a net worth of $54.5 billion. Despite a $4.5 billion increase in his net worth from last year, Slim moved down the list from the number four position. All told the net worth of Mexico’s billionaires rose 17 percent in 2016 to $116.7 billion."
Wealth of world’s
billionaires soars amid stock market surge
By Shannon Jones
22 March 2017
The ranks of the world’s billionaires registered a sharp increase
in 2016, with the number rising by 233 to reach a record 2,043, according to Forbes magazine’s
annual survey. This was the first time that the Forbes list of
the world’s richest has included more than 2,000 individuals.
The combined wealth of those on Forbes’ billionaires
list rose 18 percent to $7.67 trillion, a staggering sum, more than the gross
domestic product of all but the wealthiest of the world’s countries. The
immediate impetus for the rise are surging stock prices, which have reached
record levels since the election of US president Donald Trump, and the rising
price of oil over the past 12 months.
More fundamentally,
the increasing concentration of wealth among the world’s richest represents a
social retrogression in which society’s resources are being plundered in the
name of a mad pursuit of private gain.
The wealthiest
individual in the world remains Microsoft founder Bill Gates, whose fortune
rose to $86 billion, an $11 billion increase. Second was investor Warren Buffet
($75.6 billion) and a close third Amazon founder Jeff Bezos ($72.8 billion).
Bezos recorded the single biggest jump in net worth last year, pocketing an
additional $27.6 billion.
Carlos Slim Helu of Mexico was number six on the Forbes list
with a net worth of $54.5 billion. Despite a $4.5 billion increase in his net
worth from last year, Slim moved down the list from the number four position.
All told the net worth of Mexico’s billionaires rose 17 percent in 2016 to
$116.7 billion.
Combined, the top 10 billionaires on the Forbes list
alone took in $558 billion, more than the Gross Domestic Product of Venezuela. Just
eight of those billionaires control as much wealth as the bottom half of the
world’s population, 3.6 billion people, according to Oxfam.
The United States
continues to have the largest number of billionaires in the world, with a
record 565, an increase of 25 over last year. China is next with 319, while
Germany is third with 114. China had the most newly minted billionaires last
year, adding 76.
In impoverished
India, where 13 Maruti Suzuki autoworkers were recently sentenced to life
imprisonment on frame-up charges, there are 101 billionaires, making the
country fourth on the list in terms of the super wealthy. At $23.3 billion,
telecom tycoon Mukesh Ambani is India’s richest man, in a country where the
average wage is just $295 per month.
There are 14
billionaires living in Sub-Saharan Africa, another region noted for its high
proportion of people living in extreme poverty. The richest is Nigerian Aliko
Dangote, ($12.1 billion) chairman of Dangote Cement, Africa’s largest cement
producer.
US President Donald
Trump is 544th on the list, with an estimated net worth of $3.4 billion, based
largely on his holdings in the New York real estate market.
In the United States, meanwhile, the compensation of top
executives also rose in 2016, up from its already obscene levels. The median
compensation of chief executives at the 104 largest US companies rose 6.8
percent for 2016 to $11.5 million, according to the Wall Street
Journal. Twice as many CEOs saw pay increases as pay cuts, with most
of the compensation coming in the form of stock awards.
Top-paid US CEO,
Thomas Rutledge of Charter Communications, pocketed $98.5 million, a 42 percent
increase. Estee Lauder CEO Fabrizio Freda raked in $48.4 million while Nike CEO
Mark Parker nabbed $47.6 million. Caterpillar CEO Jim Umpleby got $18 million
at a company that is being investigated by the federal government for a scheme
involving tax fraud.
These figures provide
a snapshot of the degree to which the world is being plundered by a financial
elite that has amassed wealth on a scale that has no historical precedent. The
growth of these fortunes parallels a process of social destruction in which the
vast majority of the world’s population are being stripped of resources in
order to provide money for tax subsidies to the rich and increases in military
spending.
A large portion of
the world subsists on less than $2 per day. Famine is threatening some 20
million people in Yemen as well as South Sudan, Somalia and northeast Nigeria,
the product of predatory wars stoked by the United States.
In Western Europe the
welfare state set up in the wake of World War II is being dismantled while
Germany and other imperialist powers rearm in preparation for war.
Meanwhile, in the
United States, the already inadequate social safety net is being further
slashed to provide tax cuts for the rich and pay for a big increase in military
spending. Life expectancy in the United States declined for the first time in
23 years in 2015 after decades of stagnant or declining income, cuts in health
care services and other social programs and a burgeoning drug epidemic.
In the United States
for the past four decades, Democratic and Republican administrations have
seamlessly and without interruption proceeded with the dismantling of the
social gains of the working class in order to enrich the financial aristocracy.
This process
intensified with the election in 2008 of Barack Obama, whose administration
made unlimited funds available to bail out Wall Street and, through its
policies of quantitative easing, opened the spigots of the Federal Reserve to
flood money into the stock market.
The policies of Obama
paved the way for the election of the billionaire Trump, the direct
representative of the criminal financial elite. Since the election, the stock
market has reached record levels in anticipation of further tax handouts to the
rich and the dismantling of health, safety and environmental regulations in the
interests of boosting corporate profits.
There is a bipartisan
consensus in the US Congress for an overhaul of the health-care system based on
further restricting access and slashing costs so that more money can be made
available for the military and tax cuts. Both Democrats and Republicans reject
the notion that health care is a social right that should be made available to
everyone free of charge, claiming, “there is no money.”
However, as the Forbes billionaire list
demonstrates, there are resources aplenty for satisfying all pressing social
needs. It is the present irrational organization of society and the
subordination of all aspects of economic and social life under capitalism to
the demands of a rapacious financial aristocracy that is the main stumbling
block to providing for the well-being of the world’s population.
This raises the
necessity for the working class to unite its forces globally for the socialist
transformation of society. This means seizing the wealth of the corporate and
financial elite and placing the major banks, petrochemical, industrial,
transportation and health-care companies under the democratic ownership and
control of the working class. These resources must be employed for the raising
of the living standards of the world’s population and the provision of decent
wages, healthcare, education and housing for all.
About 6.1 Million Illegals Filed Taxes in US – Many Didn't Pay, Received Refunds: Illegals mainly use the federal income tax code to collect money from U.S. citizens.
LEGALS
AND BUSINESS FLEE CALIFORNIA…. Where Mexico loots first
CA
HAS THE HIGHEST TAXES IN THE NATION, THE LARGEST ILLEGAL MEXICAN POPULATION,
THE LARGEST MEX WELFARE STATE and HALF THE MURDERS IN CA ARE NOW BY MEXICAN
GANGS.
The staggering
cost of all that “cheap” Mexican labor:
MEXICANS SUCK IN
MORE WELFARE THAN LEGALS!
“The lifetime costs of Social Security and Medicare
benefits of illegal immigrant beneficiaries of President Obama’s executive amnesty
would be well over a trillion dollars, according to Heritage Foundation expert Robert
Rector’s prepared testimony for a House panel obtained in advance by Breitbart
News.”
LIST of “SANCTUARY COUNTIES” AND THE LA RAZA CRIME TIDAL WAVE STATS
ICE ROUNDS UP THE ILLEGALS
THE STAGGERING CRIME TIDAL WAVE BY THE WORLD'S
MOST VIOLENT CULTURE: MEXICAN
A NATION IN MELTDOWN
MEXICO SERVES UP THE HEROIN
– WHITE AMERICA PERISHES
“Whites had the highest
rate of overdose deaths of any ethnicity, more than double the combined death
rate for blacks and Latinos.”
MEXICO PLANS INVASION TO
EXPAND LA RAZA OCCUPATION!
“Mexico in a country whose
four wealthiest billionaires control as much wealth as the bottom half of the
population—the 65 million that live in poverty (which includes 13 million
living in extreme poverty)—and where the top 10 percent as a whole accounts for
67 percent of Mexico’s national wealth.”
"Carlos Slim Helu of Mexico was number six on the Forbes list with a net worth of $54.5 billion. Despite a $4.5 billion increase in his net worth from last year, Slim moved down the list from the number four position. All told the net worth of Mexico’s billionaires rose 17 percent in 2016 to $116.7 billion."
22 March 2017
About 6.1 Million Illegals Filed Taxes in US – Many Didn't Pay, Received Refunds: Illegals mainly use the federal income tax code to collect money from U.S. citizens.
LEGALS
AND BUSINESS FLEE CALIFORNIA…. Where Mexico loots first
CA
HAS THE HIGHEST TAXES IN THE NATION, THE LARGEST ILLEGAL MEXICAN POPULATION,
THE LARGEST MEX WELFARE STATE and HALF THE MURDERS IN CA ARE NOW BY MEXICAN
GANGS.
The staggering
cost of all that “cheap” Mexican labor:
MEXICANS SUCK IN
MORE WELFARE THAN LEGALS!
“The lifetime costs of Social Security and Medicare
benefits of illegal immigrant beneficiaries of President Obama’s executive amnesty
would be well over a trillion dollars, according to Heritage Foundation expert Robert
Rector’s prepared testimony for a House panel obtained in advance by Breitbart
News.”
LIST of “SANCTUARY COUNTIES” AND THE LA RAZA CRIME TIDAL WAVE STATS
ICE ROUNDS UP THE ILLEGALS
THE STAGGERING CRIME TIDAL WAVE BY THE WORLD'S
MOST VIOLENT CULTURE: MEXICAN
A NATION IN MELTDOWN
MEXICO SERVES UP THE HEROIN
– WHITE AMERICA PERISHES
“Whites had the highest
rate of overdose deaths of any ethnicity, more than double the combined death
rate for blacks and Latinos.”
MEXICO PLANS INVASION TO
EXPAND LA RAZA OCCUPATION!
“More significant still, a
former Mexican official, Jorge CastaƱeda, threatened to unleash
Mexican cartels onto the U.S. to retaliate for deportations of illegal
immigrants and the construction of a border wall. “
MEXICO DUMPS MILLIONS OF
GALLONS OF TOXIC WASTE ON SAN DIEGO!
“After decades of being a
good neighbor and spending more than
half a billion dollars to build Tijuana's
sewage treatment plants, Mexico has repaid the favor by intentionally
unleashing 143
million gallons of stench-filled sewage onto
San Diego's beaches over 17 days in February.”
POVERTY
ROBERT RECTOR: Importing poverty…. WE
ALSO IMPORT ALL THEIR CRIMINALS
“The
lifetime costs of Social Security and Medicare benefits of illegal immigrant
beneficiaries of President Obama’s executive amnesty would be well over a
trillion dollars, according to Heritage Foundation expert Robert Rector’s
prepared testimony for a House panel obtained in advance by Breitbart News.”
MEXICO DUMPS MILLIONS OF
GALLONS OF TOXIC WASTE ON SAN DIEGO!
“After decades of being a
good neighbor and spending more than
half a billion dollars to build Tijuana's
sewage treatment plants, Mexico has repaid the favor by intentionally
unleashing 143
million gallons of stench-filled sewage onto
San Diego's beaches over 17 days in February.”
POVERTY
ROBERT RECTOR: Importing poverty…. WE
ALSO IMPORT ALL THEIR CRIMINALS
“The
lifetime costs of Social Security and Medicare benefits of illegal immigrant
beneficiaries of President Obama’s executive amnesty would be well over a
trillion dollars, according to Heritage Foundation expert Robert Rector’s
prepared testimony for a House panel obtained in advance by Breitbart News.”
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