Poverty: A Quick Study

April 7, 2006

The wealthy Democrat and the rich Republican have more in common than the wealthy Democrat and the middle class Democrat. Never delude yourself otherwise. Politics is all about the preservation of the status quo. The status quo translates to golf club memberships, private school tuition, new BMWs for the kids, Colorado ski trips, vacation home with boat in New Hampshire, SUVs the size of Rhode Island, shares of Berkshire Hathaway, Talbots, and on and on and on. There is little difference between a Democrat’s mansion and a Republican one. It is all rhetoric. It is like the World Wrestling Federation with suits. At the end of the show, the wrestlers leave together  all richer while the fans leave together all poorer and most stupider.

Check out http://www.globalissues.org/TradeRelated/Facts.asp

A well researched compilation of statistics and theories on the causes of poverty.

For example:

The GDP (Gross Domestic Product) of the poorest 48 nations (i.e. a quarter of the world’s countries) is less than the wealth of the world’s three richest people combined.

Three Richest People in the world in 2005 according to Forbes business magazine (in billions)

1. Bill Gates, United States,$46.5, Microsoft
2.
Warren Buffett, United States, $44, Berkshire Hathaway
3.
Lakshmi Mittal, India, $25, steel

That’s a total of 115.5 billion.

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