America & The 666 Fed Capitalism

Demonic Fed Bernanke-Greenspan-Obama living hell lies and deception along with pathological lies of Goldman greed lunatics. ~~~ US Auctions $36 Billion in 3-Year Notes at High Yield of 1.220%, Bid to Cover of 3.23
~~~~~~~
The FED deception and fraud -- debt enslavement

• • No Remorse Bernie Madoff recently told fellow inmates that his duped investors deserved what they got.

  • Biggest Swindlers
  • • Small Businesses Slowly Becoming More Optimistic

      Small businesses are slightly more optimistic about their economic outlook than they have been in the last two years but are still not ready to expand staffs and boost capital spending. Global Hiring Prospects Improve: Manpower

    • CME Says Fast Trading Not to Blame for Flash Crash
    • Will 'Rogue Trader' Kerviel Escape a Jail Sentence?
    • Rate of Oil Leak, Still Not Clear, Puts Doubt on BP
      • Leak to Last A Year?
      • BP Aims to Gather 20K Barrels/Day
    • Tuesday: Volatile Markets Await Next Jolt from Europe
    • Fed's Bernanke Sees Recovery Gaining Traction
    • Obama Wants to Know 'Whose A** to Kick' Over Spill
    • Swiss Delay Handing over US Bank Clients Data
    • Recovery on Track, Worst Priced In: Goldman's Cohen
    • Fitch Says UK Needs More Ambitious Deficit-Cutting
    • China iPhone Maker: Clients Should Share Wage Burden

Who in the living hell still listen to the financial lunatics who robbed our nation and millions of people around the globe.

http://www.cnbc.com/id/37555862

Investors remain nervous about the state of the global economy but should be comforted that things are generally better in the US than around the world, Goldman Sachs analyst Abby Joseph Cohen told CNBC.

"The US economic recovery, even though it's in fits and starts and even though we're disappointed at the rate of the increase in jobs creation, is doing better than most of the other developed economies, including those in Western Europe and Japan," said Cohen, president of Goldman's Global Markets Institute.

While Cohen said investors should keep a close watch on what is happening around the world, particularly in struggling European economies such as Greece and Hungary, she said most of the damage already has been taken into account.

The FED 666 Reserve Madoff: Our federal national debt has increased to nearly three times

The FED 666 Reserve Madoff: Our federal national debt has increased to nearly three times

the rate it was under Bush when it averaged $1.9 billion per day, it now averages $4.9 billion per day under Obama and has now exceeded the $13 trillion mark!
Treasury Dept. reported debt as of Tuesday : $13,050,826,460,886.97
Cannibalizing the future of our children, "for the children?"

http://www.washingtontimes.com/news/2010/jun/2/federal-debt-tops-13-trillion-mark/

"Love, Light, Father's Love" vs "666 - Fed capitalism"

If many are falling into the false religion, aka New Age Religion or NWO faith, it will not work -- thus says the Lord our God.

WE MUST FOCUS ON REVIVAL
Christianity revival.

ISRAEL WILL FAIL IF THEY TRUST MONEY AND NEW RELIGION -- just as the FED illuminati is doing now.

If the Illuminati continues to work on "New Age Religion", then Israel will fail, Christianity will fail as Christians continue to backslide as that is NOT the FATHER'S WILL. We must do the Will of Father in order to enter into the Kingdom of God as Jesus said.

We must pray and know what is going on instead of blaming Obama since it is obvious that Obama is placed there by the FED money. The FED illuminati corrupted Christians for money and power, and as long as that continues, Christians continue to backslide and will fail just same as many Christians have. And all will continue to be enslaved by the money lure, aka mammon.

We need to get back to the spiritual revival in order to defend ourselves spiritually -- unless the FED illuminati helps with the revival of Christianity instead of brainwashing all with materialism, The LOVE & PEACE theory which they are working on will not work because our GOD is real -- not man-made religion.

If many are falling into the false religion, aka New Age Religion or NWO faith, it will not work -- thus says the Lord our God. Numbers 20

God bless

• Goldman Sachs Subpoenaed by FCIC

  The Financial Crisis Inquiry Commission has filed a subpoena seeking documents from Goldman Sachs for not providing documents and interviews in a timely manner, officials from the FCIC said Monday.

• BP Aims to Gather Up to 20,000 Barrels Per Day
• Morici: Time Is Running Out for President Obama
• Bernie Madoff: F*** My Victims
• Tamminen: Gulf Spill Disaster Could Spell End of BP
• Markets About to Turn Nasty, Buy Barbed Wire: Advisor

  Bond markets could get very nasty over the coming months, while stock investors could take a few months off, said Anthony Fry, senior managing director at Evercore Partners.

• BP Shares Jump on First Major Oil Spill Progress
  • Analysis: Obama, Democrats, Walk Tightrope on Spill
• It's 'Blatant' that Hungary Isn't Greece: Minister
  • Is Hungary Playing Political Games on Debt?
• China's State-Owned Media Slams Goldman Sachs
• Glencore May Put Gold Assets on Market, Mulls IPO
• Euro Recovers Early Losses as Short Covering Emerges
• Jobs Headlines Apple Event, New iPhone in The Wings
• Altegrity to Acquire MMC's Kroll in $1.13 Billion Deal
• Disney to Enter New Talks for Miramax Sale: Report
• Exxon Execs Warn Against Curbing Deepwater Drilling
• Spain Health Care Firm to Buy US Talecris for $3.4 Billion
• Markets Brace for Headwinds, Still, in Tumultuous Year
• 
  

2 Chronicles 7:14 America cry out to God. We pray God to restore America from living in Sodom and Gomorrah.

2 Chronicles 7:24

Economy, Weather, Banking Committee

As historical data and events prove, the Dodd (2007~) - "Senate Banking Committee" is one of the biggest contributors toward massive financial corruption and robbery of Americans and the nation. Greenspan, Bernanke, the banking committee, etc. led America into living hell just similar as a giant drug organization using lies and deception. Greenspan after bubbling up financial markets, repealed the Glass-Steagall act to create R.E. bubble robbing Americans as they knew that American savings were gone into financial markets. What was left is to rob Home Equities. We don't have 100% proof which God knows all the facts, but based on given facts, we can conclude.

• • Senator Dodd Announces He Won't Seek Re-Election

    Senate Banking Committee Chairman Chris Dodd, dogged by low-approval ratings and headed for anticipated defeat, announced that he won't seek re-election in November. Political 'Retirements' Add Up for Both Parties

  
  

God knows facts: States brace for second arctic blast.

Only God knows 100% facts, however, my guess is the cold weather is manipulated by the greedy financial terrorists even though that may not be the case. Nevertheless, I think that it is!

Someone can verify the fact if they are given the access to all available information as the greedy financial terrorists have probably obtained using "Terrorism".

Only God knows all the facts, and God will avenge as He sees all suffering and pain.

• • 
    
  • 2nd arctic blast riding down Mississippi River

    Freezing cold weather blamed for five deaths is sitting over much of the U.S. and a colder system is on the way. FULL STORY

  • New Year but No Relief for Strapped States

    At least 36 states are struggling to close budget shortfalls and are about to begin confronting the task of tackling next fiscal year’s woes, The New York Times reports. Schwarzenegger Readies California Budget Plan Hardest Cities to Find a Job

  • Service Sector Shows Tepid Growth in December
    • Job Losses Put at 84,000
  • If Fed Missed This Bubble, Will It See a New One?
  • Bob Doll: Predictions For Stocks in 2010
  • Mortgage Demand Near 6-Month Low as Rates Jump
  • Senator Dodd Likely to Retire, Blumenthal May Seek Seat
  • Political 'Retirements' Adding Up for Both Parties
  • Washington Failing in Fiscal Control: Ex-Comptroller
  • Optimism Is Fresh Arrival in California Cul-de-Sac
  • CES Hopes for an OMG Moment

  • Cramer's Top 21 Smartphone Stocks

  • Some Scattered Freeze Damage Seen for Florida Citrus

Reality of financial markets and economy

11/12/2009

• US States with Highest Foreclosure Rates

• • 
    * CNN host Lou Dobbs, whose outspoken views on U.S. immigration have made him one of the most controversial figures on cable news, said on Wednesday he is leaving the 24-hour cable news network because he wants a freer platform to state his opinion. http://www.cnbc.com/id/33870213

http://trend-signals.blogspot.com/2009/11/imf-and-world-bank-replaces-fed.html

• Obama Preparing to Launch Jobs Summit in December

  President Obama, facing a 10.2 percent U.S. unemployment rate, will announce Thursday plans for a jobs summit in December, an administration official said. Jobless Claims Drop Job Losses to Continue: IMF

• US Will Borrow Less as Banks Pay Back Funds: Geithner
• Wal-Mart Holiday Forecast Light, Profit Beats
• US Mortgage Refinancing Up; Buying Demand Sinks
• Intel Agrees to Pay AMD $1.25 Billion to Settle Disputes
• Kohl's Profit Beats Street, But Outlook Falls Short
• United Tech to Buy GE Security Unit for $1.82 Billion
• Gold Hits $1,122, Barrick Chief Says Selloff Possible
• Wall Street Pay Is Often too High: Bill Gates
• Morgan Stanley Gets Aggressive in Luring Brokers
• Foreclosures Fall Again But Improvement Likely Fleeting

• Highest State Foreclosure Rates

---

11/11/2009

re God particle - $10 billion collider

Instead of spreading the Words of God and promoting faith in God, it is obvious that those who have trillions of money and power wanting to be like God. What God said about that and who did that? The answers are in Genesis 3 & Matthew 4

http://www.cnn.com/2009/TECH/11/11/lhc.large.hadron.collider.beam/index.html

Great Quotes

Capitalism

11/11/2009

It is reasonable and predictable that China will be on the list of the world's bankrupted countries along with major European countries and the United States within 20 years, if not in 10 years.

I commented on targeting and enslaving Asians using monetary policies. We now have more evidences that it is quite probable as China is reporting that Beijing has loaned $1.27 trillion in new loans in the first nine months of 2009. The pattern is quite similar how mammon is enslaving the world as converting nations with materialistic brainwash, then, wipe all out using monetary policies, economy, and market manipulation as we have seen in the United States and Europe.

Bankrupted nations ~ Capitalists robbing the nations around the world using national debts. No wonder why 1% owns over 98% of global wealth.

1. Ireland - 1,267%

External debt (as % of GDP): 1,267%
External debt per capita: $567,805

Gross external debt: $2.386 trillion (2009 Q2)
2008 GDP (est): $188.4 billion


2. Switzerland - 422.7%

External debt (as % of GDP): 422.7%
External debt per capita: $176,045

Gross external debt: $1.338 trillion (2009 Q2)
2008 GDP (est): $316.7 billion


3. United Kingdom - 408.3%

External debt (as % of GDP): 408.3%
External debt per capita: $148,702

Gross external debt: $9.087 trillion (2009 Q2)
2008 GDP (est): $2.226 trillion


4. Netherlands - 365%

External debt (as % of GDP): 365%
External debt per capita: $146,703

Gross external debt: $2.452 trillion (2009 Q2)
2008 GDP (est): $672 billion


5. Belgium - 320.2%

External debt (as % of GDP): 320.2%
External debt per capita: $119,681

Gross external debt: $1.246 trillion (2009 Q1)
2008 GDP (est): $389 billion


6. Denmark

External debt (as % of GDP): 298.3%
External debt per capita: $110,422

Gross external debt: $607.38 billion (2009 Q2)
2008 GDP (est): $203.6 billion


7. Austria - 252.6%

External debt (as % of GDP): 252.6%
External debt per capita: $101,387

Gross external debt: $832.42 billion (2009 Q2)
2008 GDP (est): $329.5 billion


8. France - 236%

External debt (as % of GDP): 236%
External debt per capita: $78,387

Gross external debt: $5.021 trillion (2009 Q2)
2008 GDP (est): $2.128 trillion


9. Portugal - 214.4%

External debt (as % of GDP): 214.4%
External debt per capita: $47,348

Gross external debt: $507 billion (2009 Q2)
2008 GDP (est): $236.5 billion

10. Hong Kong - 205.8%

External debt (as % of GDP): 205.8%
External debt per capita: $89,457

Gross external debt: $631.13 billion (2009 Q2)
2008 GDP (est): $306.6 billion


11. Norway - 199%

External debt (as % of GDP): 199%
External debt per capita: $117,604

Gross external debt: $548.1 billion (2009 Q2)
2008 GDP (est): $275.4 billion


12. Sweden - 194.3%

External debt (as % of GDP): 194.3%
External debt per capita: $73,854

Gross external debt: $669.1 billion (2009 Q2)
2008 GDP (est): $344.3 billion

13. Finland - 188.5%

External debt (as % of GDP): 188.5%
External debt per capita: $69,491

Gross external debt: $364.85 billion (2009 Q2)
2008 GDP (est): $193.5 billion


14. Germany

External debt (as % of GDP): 178.5%
External debt per capita: $63,263

Gross external debt: $5.208 trillion (2009 Q2)
2008 GDP (est): $2.918 trillion

15. Spain

External debt (as % of GDP): 171.7%
External debt per capita: $59,457

Gross external debt: $2.409 trillion (2009 Q2)
2008 GDP (est): $1.403 trillion

16. Greece

External debt (as % of GDP): 161.1%
External debt per capita: $51,483

Gross external debt: $552.8 billion (2009 Q2)
2008 GDP (est): $343 billion

17. Italy

External debt (as % of GDP): 126.7%
External debt per capita: $39,741

Gross external debt: $2.310 trillion (2009 Q1)
2008 GDP (est): $ 1.823 trillion

18. Australia

External debt (as % of GDP): 111.3%
External debt per capita: $41,916

Gross external debt: $891.26 billion (2009 Q2)
2008 GDP (est): $800.2 billion

19. Hungary

External debt (as % of GDP): 105.7%
External debt per capita: $20,990

Gross external debt: $207.92 billion (2009 Q1)
2008 GDP (est): $196.6 billion

20. United States

External debt (as % of GDP): 94.3%
External debt per capita: $43,793

Gross external debt: $13.454 trillion (2009 Q2)
2008 GDP (est): $14.26 trillion


____________

Euro Debt, EU, US debt, Capitalism

Realities of Capitalism

Many around the globe >> Iran reformists warned on anniversary

Being fooled to be slaved by capitalists using freedom as deceptive baits around the world, e.g. South Korea as example with long term agenda to slave them using debt by corrupting culture through massive media propaganda.

Capitalism is corrupted as it turns to tools of deception of all kinds of intellectual mix of politics, economics, and financial speculations based on various academic theories. That is the way which capitalists slaved many around the world as 1% owning over 98% of global wealth. Capitalists will thrive globally and under democratic society, the greed is more thriving.

Many around the world are still misunderstanding or being ignorant about the reality which is detrimental to the financial health as Americans are going through as a good example, and another example is that most of European countries are literally bankrupted as a result of capitalistic deception.

Most of people around the world are simply deceived as well as majority of Americans.

• November 4, 2009
  Iranians gather on the streets of Tehran on the 30th anniversary of the U.S. Embassy takeover. CNN's Reza Sayah reports.
  * Iran reformists warned on anniversary - CNN.com
  * World News - International Headlines, Stories and Video from CNN.com
  http://www.cnn.com/video/#/video/world/2009/11/04/sayah.iran.protests.cnn

Capitalist Agenda

Why deceptive capitalists are pushing other countries -- so that capitalists can continue to enslave the world with deception and money-enslavement?

What are the differences among Islamic countries, Christian nations, and atheist nations.

The Muslim faith is growing in a fast pace. What we may see is that capitalists are converting the globe with Muslim while Christians are continuing to be deceived by materialism and other worldly lures-- fallen into the hands of mammon. Capitalists have money-nukes, living-h ell for many, to enslave the world.

Capitalists corrupted the good intent of Capitalism, and the deceptive, unfair, and greedy agenda will not change, except continuing to enslave the world.

• WASHINGTON (CNN) -- The United States on Friday sought clarification from Iran in response to its counter-offer involving shipping low-enriched uranium for refining abroad, senior administration officials said.

  The apparent Iranian refusal of a nuclear proposal centers on Iran not wanting to send its uranium to Russia, as stated in a document agreed on earlier this month at the headquarters of the International Atomic Energy Agency (IAEA) in Vienna, Austria.

  Iranian negotiators had tentatively agreed to the proposal last week.

Market manipulation while bankrupting nations. 10/29/09

$COMPX 2097.55 37.94 1.84% 2,296,243
$INDU 9962.58 199.89 2.05% 1,439,876
$INX 1066.11 23.48 2.25%

The manipulators came alive to meet their satanic day -- Halloween.
Market hype based on manipulated GDP number -- this is lunatic using the debt spending GDP number to hype markets. It is not co-incidental that the mutual fund FY ends on Oct 31. The few capitalists are bankrupting nations around the world as we can see most of major countries in Europe are bankrupted. Never trust the manipulators.

Obama is continuing to lie about the US economy as all other countries do. Anyone who has minor intelligence would know the debt spending economic deception.

• Obama welcomes US economic growth:President Barack Obama has welcomed the news that the US economy returned to growth between July and September. Official figures showed the economy grew by 3.5% during the quarter, its first expansion in more than a year.

Propaganda bankrupting the country.

The deceptive capitalists will continue to brainwash Americans, globally. They will pay for lies, murders, and deceptions in hell sooner or later as they are continuing to bankrupt millions and nations around the world. Never trust the deceptive money criminals' lies, deceptions, and propaganda. The soldiers would not know what the hell is going on in reality.

• 

Isn't it obvious after spending billions and trillions US debt, the GDP would be up. Who in the right mind would not know the reality of the GDP number.

The deceptive capitalists pocketed Treasury, literally stealing from the big printing machine while they are waiting for survived Americans to spend until all file for bankruptcies after spending their life-savings. In reality, the criminals are stealing from millions, globally. The Fed = Treasury = Financial Mafia

• US GDP Encouraging, But Troubles Remain: Geithner

  U.S. third quarter growth data was very encouraging and showed the economy has stabilized but still faces difficulties, Treasury Secretary Timothy Geithner said on Thursday. Is US Third-Quarter GDP as Good as It Gets?

http://www.youtube.com/watch?v=SjUrib_Gh0Y



http://trend-signals.blogspot.com/2009/10/reality-of-american-global-economy.html


Americans >> With the government $12 trillion in debt, you'd think lawmakers would watch every penny. But that is not the case in Washington.

With the financial manipulation, it will not be just Iraq bombs going off, soon, many around the world would be lining up to deliver Bombs living hell out of many.

The criminals will pay for their crime in hell for creating living hell for many.

Sooner or later, there will be millions lining up for suicide bombs and guns, obviously. Considering the pattern of global financial destruction, it is evident that "faith" is used by mammon to deceive many, e.g. Christianity, and now, Muslim.

Who in ignorance be repeatedly deceived by the propaganda based on the capitalist deception.

• A study by the Republican staff of the House Appropriations Committee shows the rate of spending growth from fiscal year 2007 to 2009 in some agencies more than doubled.
  
  The highest, with a 183 percent increase, is the energy and water budget, which includes the Department of Energy and the Army Corps of Engineers. Its current budget provides $33.5 billion in total funding, which is $200 million -- or less than one percent -- over last year's level.
  
  

This is an eye-opening Tax rate chart since 1913. Tax manipulation is just another tool for the greedy capitalists to manipulate economy and financial markets to confuse, to swindle, and to rob in the long run as we can see that most of major countries in Europe and the United States are literally bankrupted while 1% owning over 98% of global wealth.

China bankruptcy is coming in a decade.

Obviously, China is following the American and European footsteps going bankrupt -- the curse of Capitalism deception. Check back with me after 10 years as China will go bankrupt in 10 years.

• China's ChiNext stock market, a long-awaited Nasdaq-style second board that aims to turn local start-up firms into budding Microsofts or Intels, kicked off trading on Friday with strong gains, in line with expectations.
• The first batch of 28 companies made their listing debut on ChiNext, part of the Shenzhen Stock Exchange in southern China, with share price gains of 46 percent to 123 percent at the opening compared with their initial public offering prices.

Market manipulation bankrupting nations

Using the financial market hype and manipulation, the colluded capitalists are bankrupting nations as the European countries are mostly bankrupted.

The criminal manipulated GDP number hyping market is the same tactic used to bankrupt the European counties.

Examples: France, England, Germany, Switzerland... are bankrupted.


Ireland - 1,267%

External debt (as % of GDP): 1,267%
External debt per capita: $567,805

Gross external debt: $2.386 trillion (2009 Q2)
2008 GDP (est): $188.4 billion


Switzerland - 422.7%

External debt (as % of GDP): 422.7%
External debt per capita: $176,045

Gross external debt: $1.338 trillion (2009 Q2)
2008 GDP (est): $316.7 billion

United Kingdom - 408.3%

External debt (as % of GDP): 408.3%
External debt per capita: $148,702

Gross external debt: $9.087 trillion (2009 Q2)
2008 GDP (est): $2.226 trillion

Belgium - 320.2%

External debt (as % of GDP): 320.2%
External debt per capita: $119,681

Gross external debt: $1.246 trillion (2009 Q1)
2008 GDP (est): $389 billion

France - 236%

External debt (as % of GDP): 236%
External debt per capita: $78,387

Gross external debt: $5.021 trillion (2009 Q2)
2008 GDP (est): $2.128 trillion

Hong Kong - 205.8%

External debt (as % of GDP): 205.8%
External debt per capita: $89,457

Gross external debt: $631.13 billion (2009 Q2)
2008 GDP (est): $306.6 billion

Germany

External debt (as % of GDP): 178.5%
External debt per capita: $63,263

Gross external debt: $5.208 trillion (2009 Q2)
2008 GDP (est): $2.918 trillion


http://trend-signals.blogspot.com/2009/10/reality-of-american-global-economy.html

S. Koreans

In early 1970s, S. Koreans were fired up with Spiritual Revival with the Pentecostal movement and the Billy Graham spiritual revival. Now, it seems that the country is fallen into materialism just like many around the world. I am not sure why the country is called as "Korean" as it sounds like "Koran".

Obviously S. Koreans are now completely brainwashed by Capitalists. Even luring them to build the world tallest building.

• South Korea Economy Grows Fastest in 7-1/2 Years

  The South Korean economy grew a seasonally adjusted 2.9 percent in the third quarter over the second quarter, the fastest in 7-½ years and a third consecutive quarterly gain. US Recovery in 2010 to be Weak: Fed's Evans

• Senate Likely To Cut Employer Mandate in Health Plan
• Small Business Faces Sharp Rise in Costs of Health Care
• Capmark Financial Files for Bankruptcy
• Market Outlook: Stocks May Face 'Buyers' Fatigue'
• Who's Hiring? Watch These Earnings Reports for Clues
  • 5 Lessons from Earnings Season
  • Dow Beats the Street
• Picower, A Madoff Associate, Drowns in Florida
• Stanford Investors Face Dwindling Hope for Recovery
• Bank Failures Top 100, Most Since S&L Crisis
  • Bank Closings State by State
  • Biggest Buyers of Failed Banks

Capitalism

The capitalism turned the good old American dream to nightmares for many.

Trapped between worlds, some Latina teens consider suicide

http://www.cnn.com/2009/LIVING/10/20/lia.latina.suicides/index.html






Genesis 3 & Matthew 4

Capitalism & the FED

Capitalism >> Bernanke Urges US to Start Cutting Record Budget Deficit

The capitalism method ~ brainwash, corruption, moral decay, immorality, material satisfaction lure, temptation, etc. Genesis 3 and Matthew 4

Now, Americans are already brainwashed to spend to bankruptcies, they are targeting China.

Federal Reserve Chairman Ben Bernanke on Monday called for the United States to whittle down its record-high budget deficits and for countries like China to get their consumers to spend more, moves that would help combat skewed global trade and investment flows that contributed to the financial crisis. http://www.cnbc.com/id/33381140/

Goldman and big bank trading profit: Ironically, but obviously, real impact of the outrageous Fed monetary policies can be seen through the profits made by the FED (i.e. Goldman, JPM, Rothschild, etc.) as we have seen that Goldman trading profit was one of the highest revenues for the firm.



Market price actions are always controlled and manipulated even though financial market written history is telling different stories, e.g.

Crash anniversary
Commentary: 1987's Black Monday occurred 22 years ago today

Investors younger than their early 40s, and who therefore were not yet out of college 22 years ago, will probably wonder why many old timers are making such a big deal out of the anniversary of the stock-market crash that occurred on this day in 1987 -- which also happened to be a Monday.

The Global Financial Networking

Let's see what happens by 2020.


Eventually, that will change if China follows the American dream pattern of 1% owning 99%.

We will see what happened in hindsight in the year of 2020.

Let's see what happens.

FINANCIAL SUPERPOWER is not based on country -- it's how each country is fallen into the capitalism - freemarket manipulation.

China has often been accused of having the worst income inequality in the world. However if data is analysed we come to a different conclusion...

China in 2008 has the fourth-largest number of millionaires in the world, overtaking Britain last year for the No. 4 spot and France the year before. Despite an 11.8% contraction in the number of China's high-net-worth individuals (from 413,000 in 2007 to 364,000) last year, in large part because Shanghai's stock market had such a rotten year, China's millionaires at the end of 2008 had combined wealth of $1.7 trillion—accounting for 23% of the region's assets controlled by the rich.

Although India's high-net-worth population shrank 31.6%, to 84,000—and its combined wealth declined 29%, to $310 billion—those figures could bounce back this year thanks to the stock market, up 75% this year. Indian millionaires tend to hold a very high percentage of their wealth in equities—about 32%, compared with 22% for the region as a whole.

The lion's share of wealth is still concentrated in Japan, however, where millionaires control $3.2 trillion, or 43% of the assets. Yet while the actual number of Japanese millionaires fell 9.9%, to 1.37 million, last year, there is still growing dissatisfaction over the widening gap between rich and poor. In the early 1970s, 61% of Japanese considered themselves to be middle class, a figure which has shrunk to 50% today, according to a government survey.

For America the income inequality, as you noted, is worse.

Wealth Disparity - 1% owns 99%

China has often been accused of having the worst income inequality in the world. However if data is analysed we come to a different conclusion...

China in 2008 has the fourth-largest number of millionaires in the world, overtaking Britain last year for the No. 4 spot and France the year before. Despite an 11.8% contraction in the number of China's high-net-worth individuals (from 413,000 in 2007 to 364,000) last year, in large part because Shanghai's stock market had such a rotten year, China's millionaires at the end of 2008 had combined wealth of $1.7 trillion—accounting for 23% of the region's assets controlled by the rich.

Although India's high-net-worth population shrank 31.6%, to 84,000—and its combined wealth declined 29%, to $310 billion—those figures could bounce back this year thanks to the stock market, up 75% this year. Indian millionaires tend to hold a very high percentage of their wealth in equities—about 32%, compared with 22% for the region as a whole.

The lion's share of wealth is still concentrated in Japan, however, where millionaires control $3.2 trillion, or 43% of the assets. Yet while the actual number of Japanese millionaires fell 9.9%, to 1.37 million, last year, there is still growing dissatisfaction over the widening gap between rich and poor. In the early 1970s, 61% of Japanese considered themselves to be middle class, a figure which has shrunk to 50% today, according to a government survey.

For America the income inequality, as you noted, is worse.

Capitalism

>>> Mr. Moore freaking out about the top 1% of the population owning 99% of the wealth in the country. It’s not that I support a vast skewing in the distribution of wealth in a capitalist society. Rather it was absurdity of the messenger who seemed oblivious to where he fit into the pyramid he decried. As no one else was in my room, I could only talk back to the television, “Well, count yourself in that group, Mr. Moore.” <<< http://www.cnbc.com/id/33326113/

~*~ Capitalism is based on massive deception and collusion. ~~~

Geithner aides made millions on Wall Street

Obama administration officials now working on fixing and regulating the financial system were beneficiaries of several million dollars in pay from Wall Street and private equity companies, it has been revealed.

Obamas hypocritical lies.....

“We will not go back to the days of reckless behaviour and unchecked excess that was at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses,” he said at a speech in New York last month.

http://www.ft.com/cms/s/0/f012c4b2-b8f6-11de-98ee-00144feab49a.html

Capitalism

http://www.cnbc.com/id/33296049

Madoff vs. Skilling ~ They are representing the norm of how capitalism works, so, they are not so smart as others who are getting away with their crime -- in reality. Capitalism is degenerated over the years.

Reality of Capitalism

What has done to the United States by greedy free capitalists?
They are robbing the United States and have killed millions of Americans, bankrupted millions of Americans, and is bankrupting the country.

In reality, the deception which we have seen is a betrayal of all who died for the country and who served the country in good faith. The blood of US Soldiers and outcry of those who are betrayed is on the greedy pigs who are continuing to rob the country going bankrupted.