Anyone treating the ignorance, bigotry and delusion of 72 million Americans as revelatory hasn't spent much time reading about American history, or even paying attention to cable news over the past four years. The poisons of racism and paranoia have stormed through the veins of politics since the nation's inception, and despite occasional signs of detoxification, the body politic will never eradicate their influence. Richard Hofstadter, the late Pulitzer Prize-winning historian, first analyzed the "paranoid style in American politics" in 1959, identifying it as not exclusively but predominantly a right-wing characteristic.
If Democrats can't stop acting like losers when they win, America is doomed | Salon.com
ISSN-1554-7949: News links about and related to Europe - updated daily "The health of a democratic society may be measured by the quality of functions performed by its private citizens" - Alexis de Tocqueville
Advertise On EU-Digest
Showing posts with label Losers. Show all posts
Showing posts with label Losers. Show all posts
11/15/20
1/4/15
Disparity between Rich and Poor: World’s 400 richest get richer, adding $92bn in 2014
The 400 richest billionaires in the world added another $92 billion to
their names in 2014 and now sit on assets worth $4.1 trillion, but
Russia’s super-wealthy have been hit by economic problems resulting from
the Ukraine crisis.
The biggest winner in 2014 was China’s Jack Ma, who co-founded the Alibaba Group Holding ltd, (BABA), China’s largest e-commerce company, Bloomberg reports.
Ma, who has a personal fortune of $28.7 billion, has added $25.1 billion to his wealth since the September initial public offering saw shares surge by 56 percent.
Other big winners in 2014 were Warren Buffett and Mark Zuckerberg. Buffet increased his net worth by $13.7 billion as dozens of businesses he had brought over the past five decades produced record profits.
Zuckerberg, who founded Facebook, the world’s largest social networking company, added $10.6 billion to his cash pile. Facebook has flourished this year as advertising increased and marketing initiatives expanded, and the 2012 acquisition of Instagram has also paid off; with the photo sharing app now worth $35 billion.
Bill Gates, the founder of Microsoft, remains the world’s richest man with an $87.6 billion personal fortune, up $9.1 billion this year.
Read more: World’s 400 richest get richer, adding $92bn in 2014 — RT Business
The biggest winner in 2014 was China’s Jack Ma, who co-founded the Alibaba Group Holding ltd, (BABA), China’s largest e-commerce company, Bloomberg reports.
Ma, who has a personal fortune of $28.7 billion, has added $25.1 billion to his wealth since the September initial public offering saw shares surge by 56 percent.
Other big winners in 2014 were Warren Buffett and Mark Zuckerberg. Buffet increased his net worth by $13.7 billion as dozens of businesses he had brought over the past five decades produced record profits.
Zuckerberg, who founded Facebook, the world’s largest social networking company, added $10.6 billion to his cash pile. Facebook has flourished this year as advertising increased and marketing initiatives expanded, and the 2012 acquisition of Instagram has also paid off; with the photo sharing app now worth $35 billion.
Bill Gates, the founder of Microsoft, remains the world’s richest man with an $87.6 billion personal fortune, up $9.1 billion this year.
Read more: World’s 400 richest get richer, adding $92bn in 2014 — RT Business
Labels:
Billionaires,
Disparity,
Global Economy,
Losers,
Poor,
Rich,
Winners
Subscribe to:
Posts (Atom)