Looking For A Millionaire...Think Again...

So, it turns out Bob Geldof, Bono, and countless charity organisations have been wrong this whole time. Making poverty history doesn't require the generosity of all, just the mountains of cash hoarded by the top 100 richest people in the world.

According to a new report by the international charity organisation Oxfam, the $240 billion net income of the worlds 100 richest billionaires in 2012 (they are now worth $1.9 trillion, i.e. just a little less than the entire output of the UK), could end global poverty four times over.

In the report, Oxfam seeks to get away from position traditionally held by charities in which “the focus has been exclusively on one half of the inequality equation – ending extreme poverty”, and instead focus on what it now sees as the route cause of that poverty – the massive inequality in the distribution of wealth worldwide.

The report also discredits the “trickle down” mantra, long repeated by the worlds rich, capitalist governments and charities alike. The idea that wealth will trickle down from the top, and thus gradually benefit all in society, is a nonsense, particularly in a time when the richest people in the world are hoarding their wealth and refusing to invest. The Oxfam report highlights this when it states as an example “in South Africa even with sustained economic growth a million more people will be pushed into poverty by 2020 unless action is taken”.

The report goes on to challenge many of the lies which have propped up capitalist governments for centuries. The idea of the “democratic mandate” of national parliaments who claim to symbolise majority rule is challenged in the report as Oxfam highlights the fact that, in Britain, the Conservative Party receive the vast majority of their party funds from the financial services industry. The idea of equal opportunities is smashed by the report, which states that those who are born poor, will most likely live and die poor, as social mobility is halted due extreme inequality.

Terry Murphy...Irish Socialist Party 21/01/13

Looks likes we may as well be happy with what we got unless there's one of these on this site and they are attracted to you, even then doesn't look like they are generous in any way...

To be happy know the F.A.C.T.S

Forgive yourself
Accept your mistakes
Cry and move on
Talk to others
Smile always