For the first time in U.S. history, the top twelve U.S. billionaires surpassed a combined wealth of $1 trillion. On Thursday August 13, these 12 held a combined $1.015 trillion. This is a disturbing milestone in the U.S. history of concentrated wealth and power. This is simply too much economic and political power in the…
Now the madding crowd has moved on, I take a mature look at the report by the Intelligence and Security Committee on Russia. It is so flawed it is tempting simply to mock it. But in fact, it is extremely dangerous. It calls expressly and repeatedly for the security services to be actively involved in…
We live in a time when there are more billionaires walking around than ever before. (They don’t actually walk. They have someone do that for them.) And one can’t deny billionaires are billionaires because they’ve worked harder than anyone else—roughly 300 times harder than an average worker. They are smarter, cleverer, more intuitive and show…
Billionaires, Russian oligarchs, Ukrainian ambassadors, international financiers, the Rothschilds, and glitterati of all sorts gathered at the 2019 gala for the World Jewish Congress. The gathering represented unparalleled power & wealth (and not a little corruption)… martialled on behalf of Israel… *** The World Jewish Congress (WJC), which calls itself “The Representative Body of over…
Billionaires are scrambling to ward off the specter of populist anger – from wealth taxes to increased regulation – looming over an age of unprecedented inequality. Perhaps they should have thought of this outcome 40 years ago. The 2020 election may trigger a “war on Wall Street and wealth,” too-big-to-fail bank Citi has warned its…
“I guess maybe Bernie Sanders shouldn’t exist,” said billionaire Steve Schwarzman while seated in a library building named after billionaire Steve Schwarzman and promoting a book with billionaire Steve Schwarzman’s face on it. According to Bloomberg this humble response from the always modest billionaire Steve Schwarzman came in response to a question posed by an audience member about a Sanders tweet in…
