Chances are you are in the worlds' richest 1%

[IC1967]

I myself am in the worlds' richest 1%. No doubt most of you reading this are as well. You most certainly will be in the top 5%.  How do I know I'm in the worlds' richest 1%? It's because including all assets and possessions, I am worth more than £500,000. I am part of an elite that now own half the world’s wealth while the bottom 50 per cent own just one per cent. I am super rich. Those who know me though would not class me that way. Ive done alright for myself but would in no way be classed as super rich. I don't own a yacht or holiday villa etc which are usually considered to be the trappings of the super rich.

Judging by income rather than assets to be in the worlds' richest 1% you only have to earn £22,000 or more. No doubt most of you on this forum earn more than that. No doubt most of you on this forum consider yourself to be socialist. Its a good job there are more of us capitalists out there to keep you lot in check or we'd all be poorer.

It's a fact that capitalism brings up the standards of living of the world's population, making them richer. It's a fact that socialism creates poverty. It's a fact that socialists constantly bang on about taxing the super rich even more without even realising they themselves are super rich or very close to that status.

The article below should be compulsory reading for all you socialist lefties. If after reading it you still feel the need to be a socialist then there is no hope for you.

http://www.capx.co/if-you-are-reading-this-youre-in-the-top-1-probably/

[BobG]

Is that all you're worth Mick? Christ! I thought you were waaay more than that from what you've said. I can safely ignore all your witterings then since I've achieved an enormous amount more than that even without benefit of your amazing intellect.

Cheers

BobG

[IC1967]

Is that all you're worth Mick? Christ! I thought you were waaay more than that from what you've said. I can safely ignore all your witterings then since I've achieved an enormous amount more than that even without benefit of your amazing intellect.

Cheers

BobG

I'm not one for bragging (unlike some around here I could mention) that's why I modestly only stated that I was worth 'more' than £500,000.

[Glyn_Wigley]

Good ol' capitalism. We wouldn't be in the top global 1% if capitalism hadn't conveniently made the other 99% in the rest of the world so crashingly poor. It's all relative.

[IC1967]

Good ol' capitalism. We wouldn't be in the top global 1% if capitalism hadn't conveniently made the other 99% in the rest of the world so crashingly poor. It's all relative.

You obviously haven't read the article I posted. Socialism = poverty. Capitalism = wealth. Simple.

Lets just take China as an example of socialism gone wrong and what has happened since they embraced capitalism. China has been transformed since it allowed private ownership in 1978.

Read the article. It may just open your eyes to the real world.

Game set and match.

[Glyn_Wigley]

So you really expect us to think that all the 99% of people below us are wealthy..?

[IC1967]

So you really expect us to think that all the 99% of people below us are wealthy..?

How do you work that one out? Seeing as you still haven't read the article, I'll sum it up for you. Socialist countries that have embraced capitalism are becoming much wealthier than they were under socialism. Under socialism they were very poor. Under capitalism they are becoming wealthy at a rapid rate of knots.

[Glyn_Wigley]

So you start off by waffling about your personal wealth then it turns into national wealth when questioned.

As I said in another thread, the gift that keeps on giving.

[redwine]

So you start off by waffling about your personal wealth then it turns into national wealth when questioned.

As I said in another thread, the gift that keeps on giving.

If that's the case,can we take our resident Poundland Adam Smith back for a refund?

 

[IC1967]

So you start off by waffling about your personal wealth then it turns into national wealth when questioned.

As I said in another thread, the gift that keeps on giving.

Your ramblings are very incoherent. I have great difficulty understanding what you are on about (as do the rest of the forum I'm sure). I'm in the worlds' richest 1%. You seem to be trying to say that 'we' are in the worlds' top 1%. By 'we' I presume you mean the UK. Well that's not what I said. Anyone in the world that has assets or possessions worth more than £500,000 or earns more than £22,000 is in this exclusive club. There are plenty of people in the UK that don't fall into this category. So your use of 'we' is fatally flawed.

You then bang on about the 1% who you again refer to as 'we' as being responsible for the other 99% of the world being crushingly poor. What on earth are you on about? 1% of us aren't rich and the other 99% poor. What a ridiculous statement.

You say I start off waffling about my personal wealth then turn it into national wealth when questioned. You're the one that started banging on about national wealth (I think). All I said was that socialist countries that have embraced capitalism are going from poor to rich at a rapid rate of knots. Its obvious that socialism causes poverty and capitalism creates wealth.

I presume you still believe in socialism. Shame on you for wanting poor people to stay that way.

[IC1967]

Now, I'd like all you leftie socialists that have actually taken the time and trouble to read the article that I posted to declare whether you are still a socialist or whether you have seen the light and are now a capitalist. One word will do. Just post 'socialist' or 'capitalist'.

[jucyberry]

Nope not me. I own next to nothing, have next to nothing. do I care? Nope.  have something much better than fancy goods and showy crap. I am  twenty two days away from becoming a grandmother again. I would rather have that than anything.

Oh and don't please try to convince me I am lying to myself, I'm not. I'm blessed.

[IC1967]

Nope not me. I own next to nothing, have next to nothing. do I care? Nope.  have something much better than fancy goods and showy crap. I am  twenty two days away from becoming a grandmother again. I would rather have that than anything.

Oh and don't please try to convince me I am lying to myself, I'm not. I'm blessed.

There you go Mr Wigley. An example of someone in the UK that is not in the worlds' richest 1%.

You sound to me like you are on benefits. Including housing benefit are you really sure you are not pulling in more than someone whose top line salary is £22,00 before tax? You'd only need to be pulling in around £19,000 net to be in the world's richest 1%. I suspect you are way richer (relatively speaking) than you realise.

[jucyberry]

Hahahaha, you are having a laugh.. It would also seem that you have swallowed the propaganda hook line and sinker.. You can take 12k from that estimate.

 Do you even have any idea what carers allowance consists of?

Best you do a little research. It just might surprise you.

[BillyStubbsTears]

Debs

Your approach was all going so well until that final line. Then it all fell apart.

[jucyberry]

Ah but therein lies the irony.. He has made a keyboard career out of his cutting and pasting remember..

[Muttley]

Not wanting to put words in Glyn's mouth, but "we" and "us" often means "you and me" not the wider society/country.

the top one per cent now own half the world’s wealth while the bottom 50 per cent own just one per cent

So you think that is a good thing, just because you're in the top 1%? Just about sums you up!

Socialist.

[Glyn_Wigley]

It's how he wriggles when cornered, Muttley, we all know it and expect it.

[IC1967]

Not wanting to put words in Glyn's mouth, but "we" and "us" often means "you and me" not the wider society/country.

the top one per cent now own half the world’s wealth while the bottom 50 per cent own just one per cent

So you think that is a good thing, just because you're in the top 1%? Just about sums you up!

Socialist.

I don't think it's a good thing just because I'm in the worlds' richest 1%. Indeed I was modest enough not to say how wealthy i was by only saying I'm worth more than £500,000. I merely started this thread to show you lefties that many of you are in the worlds' top 1% and almost all of you are in the worlds' top 5%. I'm sure this was a fact that had escaped all of you.

The other reason for starting the thread was to show that it is capitalism that promotes wealth for the whole world and it is socialism that has kept and is still keeping people in poverty. Countries that throw off the burden of socialism and adopt capitalism invariably increase the wealth of their populations at a rapid rate of knots.

[IC1967]

Hahahaha, you are having a laugh.. It would also seem that you have swallowed the propaganda hook line and sinker.. You can take 12k from that estimate.

 Do you even have any idea what carers allowance consists of?

Best you do a little research. It just might surprise you.

I'm sorry but there is no way you are paying your way in this life (including housing benefit and council tax relief, carers allowance etc) on only £7000 per annum. Absolutely no way. I'd like (as I'm sure would others) a breakdown of how you are achieving this amazing feat.

[jucyberry]

Oh dear, are you calling me a liar again? I told you, I have nothing, I want nothing. Is that so hard to understand?
I have never had a credit card, loans,or any of the major things that eat into most peoples incomes. I don't crave expensive goods, don't smoke, drink, run a car ect... We have done all this before.. Go back through your many, many  posts you will find the conversation.
 The money hasn't changed, remember there hasn't been a real increase in benefits in years.

The problem with society is that a person's worth is judged by their debts, by their goods and possessions.

[Glyn_Wigley]

Hahahaha, you are having a laugh.. It would also seem that you have swallowed the propaganda hook line and sinker.. You can take 12k from that estimate.

 Do you even have any idea what carers allowance consists of?

Best you do a little research. It just might surprise you.

I'm sorry but there is no way you are paying your way in this life (including housing benefit and council tax relief, carers allowance etc) on only £7000 per annum. Absolutely no way. I'd like (as I'm sure would others) a breakdown of how you are achieving this amazing feat.

I'm only surprised you haven't already given us a sermon about how easy it is to live on bugger all and to stop moaning about it.

Or have you?

[IC1967]

Oh dear, are you calling me a liar again? I told you, I have nothing, I want nothing. Is that so hard to understand?
I have never had a credit card, loans,or any of the major things that eat into most peoples incomes. I don't crave expensive goods, don't smoke, drink, run a car ect... We have done all this before.. Go back through your many, many  posts you will find the conversation.
 The money hasn't changed, remember there hasn't been a real increase in benefits in years.

The problem with society is that a person's worth is judged by their debts, by their goods and possessions.

There is no way you are getting by on £7000 per annum. I haven't called you a liar I just find it impossible to believe that what you claim is feasible. I didn't call you a liar i just asked you to show us a breakdown of your benefits to prove your point. It's called evidence.

I make you a solemn promise that I will issue an immediate abject apology if you prove your case. General figures will do. I don't want to pry into the deep dark corners of your finances. I would have thought your housing benefit would have swallowed up more than £7000.

[IC1967]

Hahahaha, you are having a laugh.. It would also seem that you have swallowed the propaganda hook line and sinker.. You can take 12k from that estimate.

 Do you even have any idea what carers allowance consists of?

Best you do a little research. It just might surprise you.

I'm sorry but there is no way you are paying your way in this life (including housing benefit and council tax relief, carers allowance etc) on only £7000 per annum. Absolutely no way. I'd like (as I'm sure would others) a breakdown of how you are achieving this amazing feat.

I'm only surprised you haven't already given us a sermon about how easy it is to live on bugger all and to stop moaning about it.

Or have you?

I don't want people to live on bugger all. That's what socialists want by constantly banging on about redistribution of wealth rather than the creation of wealth. I'll repeat that there is overwhelming evidence that socialism creates poverty and capitalism creates wealth. Read the article.

[jucyberry]

Ok, per week
 
Carers allowance.. £61.35

Income support.. £45.25

rent rebate £68.

council tax £20.

I never said I was getting £7k, it was you that chucked £22k into the mix.

[IC1967]

Ok, per week
 
Carers allowance.. £61.35

Income support.. £45.25

rent rebate £68.

council tax £20.

I never said I was getting £7k, it was you that chucked £22k into the mix.

So are you saying that you are paying the rest of your rent from your other benefits?

[jucyberry]

Oh good grief, I thought you didn't want the ins and outs of a fiddlers elbow. I pay £30 a week rent and £5.25 council tax a week.

[IC1967]

There has obviously been some confusion over the £22000 and £19000 figures. Being a magnanimous soul I'm not going to try and wriggle out of giving you an apology. I hereby unreservedly issue an abject apology to Jucy.

You are not rich by any stretch of the imagination and I wish you had more money to make your life more comfortable. You seem to have your priorities right and I'm sure you'll make an excellent grandma.

[Glyn_Wigley]

There has obviously been some confusion over the £22000 and £19000 figures. Being a magnanimous soul I'm not going to try and wriggle out of giving you an apology. I hereby unreservedly issue an abject apology to Jucy.

You are not rich by any stretch of the imagination and I wish you had more money to make your life more comfortable. You seem to have your priorities right and I'm sure you'll make an excellent grandma.

What's UKIP's policy on benefits such as these then?

[jucyberry]

I am already a most excellent grandma.. Exciting times ahead, providing all goes well.

Thank you for the apology, when I worked I earned around £11k a year, paid full rent and council tax. I would think it equals itself out. Monopoly money benefit payouts are a thing of the right wing press, they have no basis in reality for 99% of the population having to claim them. Sadly the sneakiest trick they employ is to taken housing benefit needs in London and then blanket report it as being the same throughout the country leading to misconceptions that are both erroneous and dangerous.