Pope slams capitalism as 'new tyranny'

Answer to your Question

just a few......million, sorry Billion

BBC News - How many Roman Catholics are there in the world?

Time to close another thread......JB

 

"There is currently 24,576,864,000 of U.S. currency (bills and coins) in circulation. 16% of that is held by 100 people. Why aren't they using that money to start new business, create more jobs, create more customers, create more wealth."

That is a drop in the bucket to the "money" that is circulation in the form of non printed money. i.e. fractional banking system. When you deposit $100 in the bank they in turn can loan out at least $500 at higher intest rates than they pay you for your savings deposit.

The Federal Reserve Bank, which is not federal, not a reserve and not a bank is loaning $85B per month to the US government to cover the defecit. None of that is printed currency, all of it is in the form of loans.

Why is everyone in a tizzie about how much these people make? Most of them pay huge amounts in income taxes, federal, state, and city in some cases. If one of these people live in New York City, they will pay approx %50 plus in taxes which our government carefully spends only on necessary stuff.

"If there is a way out of this circle of wrong doing I can only see it with a strong central leadership that nobody can ignore and where would that be found, nobody knows as of now... "

WOW!!! This is a truly disturbing belief if you are talking about a man dictating everything to all the rest of us. We already have the beginnings of that in the current US president.

 

The person in question is merely expressing his opinion on what is wrong with society and what should/could be done to rectify the imbalance. Just after Yolanda hit the Philippines a anonymous bidder paid $142m for a painting in the states, I find that disturbing.

http://www.bbc.co.uk/news/entertainment-arts-24922106

 

Again Larry_H, I agree with your post in all points, you seem to have a very good insight into the system, you addressed many problems and you offer solutions that could change the system, but how do we get rid of the leeches and hoarders or how do we get to change their attitudes (moral compass), you and I don't know...
I am also afraid that there is a hidden agenda ("Muddyfeet" mentioned one of them, the Federal Reserves, that is now in place in almost every country.) in the play that has some very dark and sinister intentions that we would additionally had to overcome...

And as for "Speed thrills", I am your buddy but I don't need BIG bikes for that, even a bicycle will do...

 

I did not write of ONE person in power, my thoughts were more along the ideas of the Greek "Republic" with it's school of logic thinking (I know that the word "logic" was not used in the same sense as we think of it today) and ruling by a "Thinking Elite" that tried to address all the problems of society without empowering them selfs and their cronies...

 

Question of the ages....how to eliminate greed...reward reinvestment and tax the heck out of non-recirculated funds over a agreed upon amount. I'm sure there may be other ways, but that will require a wiser mind than mine.

The way the world is setup, whether we like it or not, is that the "haves" control because they have, and the "have nots" scrambled to either stay alive or to become one of the "haves".

One thing I do is to boycott businesses that do not have a positive corporate policy. Meaning that if their sole intent is to get as rich as possible without any regard for society, then I shy away from them.

I do believe that everyone has a right to do as they please with their money without regard to anyone else, however with one caveat, if you made that money off the labor of society, then you have an obligation to maintain that cycle by reinvesting and creating more labor, more circulation of funds. In a way, it is a way of saying thank you to society for helping you get rich...and if you do it the right way, you'll become even richer as society around you benefits. And if you don't want to do that, then let me introduce you to the new tax structure that will take most of what you have earned.

Our global monetary policy is managed and controlled by the wealthiest of the wealthy. the only way to get rid of them is to shoot them, but then who would make the decisions. Are you smart enough? I know I'm not, even with my education and experience. You can't lean towards socialistic monetary policies because sooner or later, you run out of other people's money. Pure capitalist policies don't work because they reward greed and hoarding. What's the answer? Is there one?

You can't eliminate greed. You can't fix stupid. So, what ya gonna do?

One major problem is that not enough people know the political processes in their own countries. Does your country have a process for recalling an elected offical? If so, why isn't it being used when a politican does something that is not in the best interest of the society that elected them. Did you have any say in who gets nominated to run for office? Did you voice your concerns about in politican that isn't do their job in the strongest possible terms? Did you organize protests? File petitions?

Here is a thought....You get the government you allow; therefore, you get the government you deserve.

Everyone in every country can change their government. But, will you be better off or worse off? We have seen many governments overthrown in the past few years. How are those countries doing now?

The bottom line is that while I may have some ideas, I'm sure that if implemented they would be a disaster because it would be too difficult to gain a majority consensus. The rich aren't going to quietly give up being in total control and the majority of poor think that it's just no use.

 

For this to work it would mean the end of countries and the installation of a global government. Because without it, countries would still invade other countries to get resources. There would still be different currencies and an imbalance of trade and therefore an imbalance of economies and societies. Then we would have the haves and the have nots all over again. And, if the thinking eleites did not have absolute power, then those that did have power would be at odds with the thinking elite.

Face it, man is greedy and self-serving. Nothing is going to change that during any evolution of the human species that we are ever going to see.

 

SO!, if things Can't/Don't change, they will stay as they are, " Status Quo" so to speak,

The rich get Richer and the rest of us stay Poor

 

Well, ...yea...status quo....because it would take a globally combined and orchestrated effort to change it. Can you in your wildest dreams see that ever happening?

I think the best any of us can do is to try to affect our own sphere of influence. Who knows? Maybe our spheres overlap and we can make a big effect in a local area.

 

Well never quite staying as they are..

World Population Clock: 7 Billion People (2013) - Worldometers

( World Health organization )

Poverty is associated with the undermining of a range of key human attributes, including health. The poor are exposed to greater personal and environmental health risks, are less well nourished, have less information and are less able to access health care; they thus have a higher risk of illness and disability. Conversely, illness can reduce household savings, lower learning ability, reduce productivity, and lead to a diminished quality of life, thereby perpetuating or even increasing poverty.

Poverty is often defined in absolute terms of low income – less than US$2 a day, for example. But in reality, the consequences of poverty exist on a relative scale. The poorest of the poor, around the world, have the worst health. Within countries, the evidence shows that in general the lower an individual’s socioeconomic position the worse their health. There is a social gradient in health that runs from top to bottom of the socioeconomic spectrum. This is a global phenomenon, seen in low, middle and high income countries.

Average salaries Philippines..

Philippines Salary | Glassdoor