Top 1% Control 39% of World’s Wealth
1st June 2013
But the 1% they’re talking about are merely the people who hold the ‘world’s wealth’ — actually, it’s not ‘the world’s wealth’, but their own wealth; the formulation ‘the world’s wealth’ is a verbal shell game to make you think that it’s actually somebody else’s wealth that they have nefariously stolen — but rather the governmental officials who actually control it. That’s the Real 1%, the Upper Crust who determine how that wealth is used, no matter who nominally ‘owns’ it. The nominal wealth holders are the Clever Plastic Disguise to allow the Real 1% a punching bag when it’s convenient to get the Lower Crust riled up, as the U.S. Senate attempted to do to Tim Cook, CEO of Apple, recently. Unfortunately for them, Tim Cook (who is not as stupid as John McCain, much less such of McCain’s colleagues as, say, Al Franken) knows the score and isn’t buying what they’re selling.