The Growing Gap Between The Rich And Super-Rich
written by John Chow on September 17th, 2007
Face it, it sucks to be just rich. I mean, how can one live with only one yacht? The ONN has discusses a new study that shows a growing gap between America’s rich and super-rich. Should the government be doing more to help the rich? Watch this special report and decide for yourself.
Source: OnPulseIM Dot Com
- Posted in Videos
- 48 comments what's your take?
Sorry, the comment form is closed at this time.
Loading ...
This is hilarious, and at the same time it is sad when you think about the real issues.
Reply to this commentYea man that’s how it is. 95 % of the world’s money is with 1 % of the population. It’s sad but that’s reality.
Reply to this commentHow is it sad? Very few people become rich from inheriting it, many of them grew up poor or middle class and clawed their way up to the top - and they happened to do it smarter than others.
Reply to this commentSmarter then others, exactly! If you don’t give the rich more tax breaks to expand their businesses, where are you going to find a job??? It’s by their genius that you even have a job.
I say that all rich and super rich be given more breaks that allow them more freedom to expand and provide us with more jobs. More jobs mean a better economy and more tax in our governments hands to improve schools and fix roads that help us get to work. It’s cool, really.
Reply to this commentI just love how before the video even starts there is a picture of Donald Trump and his super hot young “WIFE”..lol
Reply to this commentThis is humorous in a condicending kind of way. There are real people of there that are ‘poor’ and need help. But we all need a laugh now and then.
Reply to this commentIndeed it’s hilarious. Statistics about brain sizes?! hahaha
I wonder how Paris Hilton feels about this issue.
Reply to this commenthilarious….
Reply to this commentare these people real?
just watched quentin tarantinos latest Death Proof on a BT download, these people should be in it…
Love the onion. Sucks to be rich these days.
If I heard them correctly… super rich = few+ million?
Reply to this commenthahah few + million..
Reply to this commentnice one
It may suck, but I still want to be one of them
!
Reply to this commentHi John,
Reply to this commentthanks very much for the link back, I really enjoyed this video and it portrays how well the American economy is doing for the rich right now, as stated above, there is a huge gap between the right and the poor, with 5% of the people controlling 95% of the wealth
Uh…yeah, since the government does so good of a job helping the “poor”.
Ah I love the onion.
But with the way things are going, a claim that the government needs to help the rich keep up with the super-rich isn’t that far-fetched.
Everyone wants a piece of the taxpayer’s pie. The super-rich already get a piece in the form of subsidies.
Reply to this commentMust be nice to complain about only having millions and not billions.
Reply to this commentYeah the Onion is not real news.
Reply to this commentI just wrote a post about you… Let me know if its cool or not. I can edit it if you want. Thanks bro. I will see you at the top. Prija. I know there were lots of errors and they have been corrected. haha
Reply to this commentWell I think that people don’t understand that the more money you make the more you spend meaning we all have the same things : example: i have a house and so does jim carry but his house cost more. i have a dog house he has a vacation home
Reply to this commentMust be so hard to do that and not crack up laughing.
Reply to this commentBoo-whoo, I feel so sad for rich people. I just want to send them all the money I have!
Reply to this commentThat’s one crazy ass stat
“there is a huge gap between the right and the poor, with 5% of the people controlling 95% of the wealth”
Reply to this commentthe power of compounding
Reply to this commentWhat are you saying John? You’re super rich and Darren Rowse is just “rich”?
Reply to this commentWell, Darren never really says how much he makes, so we can’t quite assume that yet. If you ask him “between $100,000 and $1,000,000 a year?” he’ll probably say “yes”.
Reply to this commentI would love to have the problems that the rich have :p
Reply to this commentHillarious Post!
The real issue being that 95% of the wealth is controlled by 5% of the population. Whether you like or not, or agree with it or not, this is the NATURAL distribution of things, if you understand the Pareto principle.
In any free society were people are free to make as much money (or achieve any level of non-material success) as possible you’ll see a skewed distribution like this. And in you’ll see it in all areas of society, sports, acedemia, arts, etc, etc.
If you want to help more people access a bigger piece of the pie, make “Rich Dad, Poor Dad” required reading in all school! It’s all about your mindset and the you think, that determines how much money you will make and control.
Reply to this commentGreat video. I was reading an article about the “poor” millionaires in Silicon Valley who feel inadequate because they’re earning less than their neighbours. It’s a bit sad really that they can’t be grateful for what they have.
Reply to this commentI find it funny when companies are about to go bankrupt, but the CEO still gets his raise or some compensation, while his employees lose their pensions or something else.
Well unless that CEO is me. Then sorry…
Reply to this commentMillions isn’t really that much now days. An average home about half an hour out of the city in a Australian city like Sydney can easily be 1 million +
Reply to this comment“If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.”
~Warren Buffett
I have collected this quote,
Reply to this commenthttp://cougarjump.wordpress.com/2007/07/09/warren-buffett-paid-less-tax-than-secretary/
I would disagree with Buffet on that account.
A nice sound bite, but what’s the reasoning behind it?
Reply to this comment“there is a huge gap between the right and the poor, with 5% of the people controlling 95% of the wealth”
Reply to this commentThere is a gap, yes , but there is a gap between poor and rich like a deep valley. Nowadays there are a lot of people that works for lower than $100 per month. Because of this gap and the struggle to make a living, most of the people tries to go wealthiest countries by disregarding their lives.
Reply to this commentIf there is a gap between rich and super-rich, the rich mentioned here starts to become poor, i think.
A truly invigorating satire! The subject chosen is absolutely topical and devastating. The subtle issue of the widening gap between the haves and the have-nots, the various polarized positions taken by interested persona, all handled with aplomb and good taste. The choice of Donal Trump, born rich, gone under and up again, with a trophy wife, as the introductory photograph for a program where a participant starts off by saying that he was born rich is indeed a nice touch!
Reply to this commentYes, it should do more. Impose more taxes on ‘em, yeaahaaa!
Reply to this commentI would like to remind all these sympathizers of the poor-little-rich-people that of all these super rich people, probably only a miniscule fraction really “clawed their way to the top” as is a popular perception. Most of them had luck or a very rich parent on their side.
Anyway that is a really funny video and personally raised quite a few guffaws.
Reply to this commentThe rich people need help!!!
Reply to this commentlool.
What do I say? They hate communists for a reason. But if you can look behind the satire you’ll see quite some good points. The superrich are rich for a reason. The people who aren’t are for a reason not super rich.
Reply to this commentI liked the inertia point. The superrich don’t stay superrich by inertia.Trump is an example. He got bankrupt like a zillion times and where is the Hughes family now?
Stay poor and you will see the 95% of the real world:)
Reply to this commentI laughed so much I had tears rolling down my cheek!!!!Useless bunch…Guess they ran out of problems and this was the last one??? BTW bald guy didn’t have a grotto…thats so sad….makes me cry!!!!
Reply to this commentI simply did not find the video interesting…
Reply to this commentI would like to remind all these sympathizers of the poor-little-rich-people that of all these super rich people, probably only a miniscule fraction really “clawed their way to the top” as is a popular perception. Most of them had luck or a very rich parent on their side.
Anyway that is a really funny video and personally raised quite a few guffaws.
Reply to this commentI agree with that 100%. Do you think Bill Gates come from a poor family?
Reply to this commentThere are some like Bill Gates that grew up in a fairly wealthy family, but there are many that didn’t. And FYI: Bill Gates was self made - he worked his ass off to make Microsoft into what it is today. I’d call that clawing his way to the top.
Steve Jobs came from a fairly poor family, he had to recycle bottles he found while in college just to get money for food and such.
Ingvar Kamprad was born to a farming family and learned how to buy low and sell high at a young age.
Mohan mittal was from fairly humble roots and partnered up and helped to make the steel company which made him a nice bit of cash (and built up his family’s steel empire).
Shall I continue?
Reply to this commentThis is absolutely hilarious, especially the brain size statistics. Good for a laugh but on a serious note, what are these people complaining about? If the gap between the rich and the super rich is growing, then gap between the super rich and poor is getting graver. If anyone needs help form government, it’s the poor and not the rich. Then again the point about inertia and rich lacking motivation is quite relevant as not everyone has inherited richness. So let’s get real and first try to fill the gap between poor and rich then rich and super rich.
Reply to this commentThere’s no point in arguing that there is a gap between the rich and the super rich.The super rich sow the seeds and in turn get the results.Do u think that the super rich are just sitting and whiling away the time and they get money.NO they work so hard and in return get their output in terms of billions.The rich have to put more of their efforts to attain the stage of super rich but thats possible.
Reply to this commentNot only in America, in every part of the world, this is the rule- Rich will become richer and poor will become poorer. The rich are influential and hence they can turn every thing (including the government and the law) into their favor. The rich will never become satisfied with their wealth. They always crave for making more and more money. They will resort to any method to earn more and more. The law and Govt. will only support them. In this rush, where is the time for uplifting the downtrodden?
Reply to this commentit just make my believe about how rich people think towards money stronger. no wonder why only 5% of internet marketer make money online. and the percentage going to get even smaller if new internet marketer are playing the game how most successful internet marketer want them to play. but not many people realize it.
Reply to this commentGrowing gap between John Chow and Commentators at his blog … ha haah
Reply to this comment