thedailybell.com / By Staff Report / February 5, 2013
Annual income of richest 100 people enough to end global poverty four times over … Leaders must aim to bring down global inequality at least to 1990 levels … An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability to tackle poverty, Oxfam warned today in a briefing published ahead of the World Economic Forum in Davos. ”We can no longer pretend that the creation of wealth for a few will inevitably benefit the many – too often the reverse is true.” – Jeremy Hobbs, Executive Director, Oxfam International (Press release published 19 January 2013)
Dominant Social Theme: Just confiscate the wealth of one percent of the world and eradicate poverty.
Free-Market Analysis: Oxfam, a world aid organization, is recycling the “one percenter” meme that was made popular by the faux Occupy Wall Street movement. This dominant social theme is most useful to the power elite and thus will likely continue to be recycled even as Occupy Wall Street itself becomes less significant.
Encouraging envy regarding the richest one percent of Western populations is a way of distracting people from the real nexus of the world’s wealth, which lies in the control of central banking. That’s the reason the top elites want to keep the meme alive.
The real money probably does NOT lie with the world’s “100 wealthiest people,” as Oxfam analyzes it. Money that can be directly traced to people in this day and age is incredibly dangerous money.
No one who is TRULY wealthy would want to leave traces of significant wealth. We can infer that this list purveyed by Oxfam either reflects a small percentage of the world’s REAL wealth or misidentifies the ones who actually manipulate it.
This is another important point. CONTROL is far more important than tangible assets. Muammar Gaddafi retained billions in tangible assets but recent events showed he did not CONTROL them. Control – and the ability to project power – is more important than any paper legalism.
Control these days is exercised via monopoly central banking for such banking, as is practiced today, is a purely artificial enterprise, created by a tiny handful of men. The Bank for International Settlements is the putative mechanism for this control.