The rich of the world

National
The intents of controlling to the country
The rich of the world
By: Carlos Damián July 28, 2012
They are Wall Street owners and of the world democracy
México. – The rich of ancestry have tried to consider coups d'état in the world, they try to control the economy, by means of the financial, and even more sector they look for it when taking the control of the political processes. The same as other countries that implement versions of the neoliberal recipe. The States is characterized today by an economic inequality and concentration of unparalleled wealth from the period previous of the great depression; it is the country with more economic inequality in the advanced world. Let us see some figures: 400 people of this country are owners of more wealth that the American population's poorer half, 150 million people. The family Walton, the heirs of the Wal-Mart stores, possesses a fortune of almost 90 thousand million dollars; they have more wealth than 40 percent of under the American population. 1 percent of the national wealth.

Meanwhile, the analysts hope the level of poverty in The States arrives to its higher point in almost 50 years. One of each six -and one of four children -, Americans lived last year in the poverty, and it is predicted that this will rise in next three years. As long as, the revenues of 1 richer percent in this country were duplicated between 1980 and 2010 (those of 0.1 tripled), the revenues of 90 percent of below they almost collapsed 5 percent. In the emergent countries the same events happen in that the rich ones insist that they are them the motor of the economy; that their interests are “the national interests", and that they are those that generate investment, employment, and "opportunity", as well as the resources for the development by means of the taxes that pay to exception of Mexico, the 'paradise fiscal' that have the means to avoid and to demand that they return them the scarce taxes that have arrived to the national treasure.

However the same as in the emergent countries, they insist that their interests are national although in fact these insistences don't have anything to do with the national interests, and an exhaustive report confirms it. The rich ones don't invest their fortunes in their countries, neither have they paid the taxes that should to their nation, but they make everything to hide their wealth and to avoid their fiscal responsibilities. Among 21y 32 billion dollars in financial wealth are hidden in fiscal paradises and in banks abroad (some 80 foreign jurisdictions), funds so much legal as of illicit business, according to the new report 'The Price of Offshore Revisited', of the net of investigations 'Tax Justice Network'. That figure it is equal to more than the GIP annual schema of The States and Japan.

This treasure is not part of the calculation it has more than enough inequality; it is extravagant since 50 poorer percent of the population of the world has 1 percent of the world wealth, while 10 richer percent has 84 percent, and 40 percent it has 15 remaining percent, that is to say that is worse when incorporating everything. We should include that this treasure has moved to fiscal paradises or in its case to systems bank discreet -Caiman island and Switzerland -, the inequality is much bigger that it calculated it up to now. In the report they are included that, more than 30 percent of the financial wealth in the world is controlled now by 91 thousand people, this is, the world population's 0.0001% has scarce wealth. According to the report elaborated by James Henry, former economist the international consultant's boss Mc Kinsey & Co, and expert in fiscal matters.

The debts are socialized and the earnings are privatized
This club of rich, with its assistants in the financial and political sector, with brunches in the main banks of the world, is the one that has the power of sinking economies, to announce that countries like Greece, Spain, Mexico, and The States, they don't have resources for social expense and they have to discharge to millions and to practice political of austerity, while they hide the treasure that they have extracted of its towns outside of the reach of its countries, enough funds to generate employments and national development in a large part of the planet. In 139 countries of “half and under entrance” studied in this investigation, the elites had transferred between 7.3 and 9.3 billion dollars of wealth that they hadn’t reported the foreigner among the years 1970 and 2010, while the foreign debt of these countries had arrived to 4.08 billion dollars in 2010.

The problem is that the goods and the wealth of these countries are in hands of a small people’s group of these emergent nations and the debts are loaded by the common citizens of those countries by means of their governments. As for the fiscal impact it is enormous: if this hidden wealth of for the less 21 billion dollars it only won in interests 3 percent, and that figure have been burden by governments with 30 percent, that would generate revenues for taxes of 189 thousand million annual dollars, more than twice as much that the countries of the OCDE (in Spanish) spend nowadays in all their international attendance to the development. It is clear as the water that these rich ones enjoy in their country of a good image and enormous to be able to political. The rich of this select club have always had a massive influence in the political-electoral game of that country.

However with the sentence of the Supreme Court in the well-known case as Citizens United, ago two years old the richest in the nation have full "freedom of speech" to spend limitless funds in the elections. "What the Supreme Court made in Citizens United to the multimillionaires: 'you are owners and they control the economy, they are owners of Wall Street, they are owners of the companies of coal, they are owners of oil companies. Now, for very small percentage of their wealth, we will give them the opportunity to be The States’ government's owners’", words of Bernie Sanders, federal senator of the Union. This is the current democracy, a coup d'état for the rich of the nation. (La Jornada, mundo, p. 31, July 30, 2012).