How The Very Rich Rob Us
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How The Very Rich Rob Us
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Author : Lawrence L. Roberts
language : en
Publisher: Bascom Hill Publishing Group Limited
Release Date : 2010-12-15
How The Very Rich Rob Us written by Lawrence L. Roberts and has been published by Bascom Hill Publishing Group Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-15 with Business & Economics categories.
Are you better today than a generation ago? • From 1980 to 2007, the U.S. population increased 25% and inflation grew by 260%.• Median income has been reduced by 2 to 7%, every year! • Bankruptcies have increased 500%.• The average family works an extra 20 hours/wk.• Working families wages have remained flat.• In 1980, there were 139 out of 100,000 Americans in prison, today it's 506.• America's international education rating in education has dropped from #1 to #42.• The number of retirees working has tripled.• College tuition has doubled, while wages have remained flat.• Private philanthropic funds and other tax shelters have increased by 380%.• The number of lobbyists has tripled.• Inheritance taxes for the wealthy have all but disappeared while yours remain.
Why The Rich Are Getting Richer
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Author : Robert T. Kiyosaki
language : en
Publisher:
Release Date : 2018-12-11
Why The Rich Are Getting Richer written by Robert T. Kiyosaki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-11 with Business & Economics categories.
It's Robert Kiyosaki's position that "It is our educational system that causes the gap between the rich and everyone else." He laid the foundation for many of his messages in the international best-seller Rich Dad Poor Dad -- the #1 Personal Finance book of all time -- and in Why the Rich Are Getting Richer, he makes his case... In this book, the reader will learn why the gap between the rich and everyone else grows wider. In this book, the reader will get an explanation of why savers are losers. In this book, the reader will find out why debt and taxes make the rich richer. In this book, the reader will learn why traditional education actually causes many highly educated people, such as Robert's poor dad, to live poorly. In this book, the reader will find out why going to school, working hard, saving money, buying a house, getting out of debt, and investing for the long term in the stock market is the worst financial advice for most people. In this book, the reader will learn the answers Robert found on his life-long search, after repeatedly asking the question, "When will we learn about money?" In this book, the reader will find out why real financial education may never be taught in schools. In this book, the reader will find out "What financially education is... really."
The High Beta Rich
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Author : Robert Frank
language : en
Publisher: Crown Currency
Release Date : 2011-11-01
The High Beta Rich written by Robert Frank and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-01 with Business & Economics categories.
The rich are not only getting richer, they are becoming more dangerous. Starting in the early 1980s the top one percent (1%) broke away from the rest of us to become the most unstable force in the economy. An elite that had once been the flat line on the American income charts - models of financial propriety - suddenly set off on a wild ride of economic binges. Not only do they control more than a third of the country’s wealth, their increasing vulnerability to the booms and busts of the stock market wreak havoc on our consumer economy, financial markets, communities, employment opportunities, and government finances. Robert Frank’s insightful analysis provides the disturbing big picture of high-beta wealth. His vivid storytelling brings you inside the mortgaged mansions, blown-up balance sheets, repossessed Bentleys and Gulfstreams, and wrecked lives and relationships: • How one couple frittered away a fortune trying to build America’s biggest house —90,000 square feet with 23 full bathrooms, a 6,000 square foot master suite with a bed on a rotating platform—only to be forced to put it on the market because “we really need the money”. • Repo men who are now the scavengers of the wealthy, picking up private jets, helicopters, yachts and racehorses – the shiny remains of a decade of conspicuous consumption financed with debt, asset bubbles, “liquidity events,” and soaring stock prices. • How “big money ruins everything” for communities such as Aspen, Colorado whose over-reliance on the rich created a stratified social scene of velvet ropes and A-lists and crises in employment opportunities, housing, and tax revenues. • Why California’s worst budget crisis in history is due in large part to reliance on the volatile incomes of the state’s tech tycoons. • The bitter divorce of a couple who just a few years ago made the Forbes 400 list of the richest people, the firing of their enormous household staff of 110, and how one former spouse learned the marvels of shopping at Marshalls, filling your own gas tank, and flying commercial. Robert Frank’s stories and analysis brilliantly show that the emergence of the high-beta rich is not just a high-class problem for the rich. High-beta wealth has national consequences: America’s dependence on the rich + great volatility among the rich = a more volatile America. Cycles of wealth are now much faster and more extreme. The rich are a new “Potemkin Plutocracy” and the important lessons and consequences are brought to light of day in this engrossing book. high-beta rich (hi be’ta rich) 1. a newly discovered personality type of the America upper class prone to wild swings in wealth. 2. the winners (and occasional losers) in an economy that creates wealth from financial markets, asset bubbles and deals. 3. derived from the Wall Street term “high-beta,” meaning highly volatile or prone to booms and busts. 4. an elite that’s capable of wreaking havoc on communities, jobs, government finances, and the consumer economy. 5. a new Potemkin plutocracy that hides a mountain of debt behind the image of success, and is one crisis away from losing their mansions, private jets and yachts.
The Good Rich And What They Cost Us
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Author : Robert F. Dalzell
language : en
Publisher: Yale University Press
Release Date : 2013-01-08
The Good Rich And What They Cost Us written by Robert F. Dalzell and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-08 with Social Science categories.
This timely book holds up for scrutiny a great paradox at the core of the American Dream: a passionate belief in the principle of democracy combined with an equally passionate celebration of the creation of wealth. Americans treasure an open, equal society, yet we also admire those fortunate few who amass riches on a scale that undermines social equality. In today's era of "vulture capitalist" hedge fund managers, internet fortunes, and a growing concern over inequality in American life, should we cling to both parts of the paradox? Can we?/div To understand the problems that vast individual fortunes pose for democratic values, Robert Dalzell turns to American history. He presents an intriguing cast of wealthy individuals from colonial times to the present, including George Washington, one of the richest Americans of his day, the "robber baron" John D. Rockefeller, and Oprah Winfrey, for whom extreme wealth is inextricably tied to social concerns. Dalzell uncovers the sources of contradictory attitudes toward the rich, how the very rich have sought to be perceived as "good rich," and the facts behind the widespread notion that wealth and generosity go hand in hand. In a thoughtful and balanced conclusion, the author explores the cost of our longstanding attitudes toward the rich./divDIV DIV DIVAmong the case studies in America's Good Rich:/divDIVPuritan merchant Robert Keayne/divDIVGeorge Washington/divDIVManufacturers Amos & Abbot Lawrence/divDIVOil magnate John D. Rockefeller/divDIVBill Gates/divDIVWarren Buffet/divDIVSteve Jobs/divDIVOprah Winfrey/div
Richistan
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Author : Robert Frank
language : en
Publisher: Crown Currency
Release Date : 2008-06-03
Richistan written by Robert Frank and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-03 with Social Science categories.
The rich have always been different from you and me, but this revealing and funny journey through “Richistan” entertainingly shows that they are more different than ever. Richistanis have 400-foot-yachts, 30,000-square-foot homes, house staffs of more than 100, and their own “arborists.” They’re also different from Old Money, and have torn down blue-blood institutions to build their own shining empire. Richistan is like the best travel writing, full of colorful and interesting stories providing insights into exotic locales. Robert Frank has been loitering on the docks of yacht marinas, pestering his way into charity balls, and schmoozing with real estate agents selling mega-houses to capture the story of the twenty-first century’s nouveau riche: House-training the rich. People with new wealth have to be taught how to act like, well, proper rich people. Just in the nick of time, there’s been a boom in the number of newly trained butlers—“household managers”—who will serve just the right cabernet when a Richistani’s new buddies from Palm Beach stop by. “My boat is bigger than your boat.” Only in Richistan would a 100-foot-boat be considered a dinghy. Personal pleasure craft have started to rival navy destroyers in size and speed. Richistan is also a place where friends make fun of those misers who buy the new girlfriend a mere Mercedes SLK. “You want my money? Prove that you’re helping the needy!” Richistanis are not only consuming like crazy, they’re also shaking up the establishment’s bureaucratic, slow-moving charity network, making lean, results-oriented philanthropy an important new driving force. Move over, Christian Coalition. Richistanis are more Democratic than Republican, “fed up and not going to take it anymore,” and willing to spend millions to get progressive-oriented politicians elected. “My name is Mike and I’m rich.” Think that money is the answer? Think again as Robert Frank explores the emotional complexities of wealth. And, as Robert Frank reveals, there is not one Richistan but three: Lower, Middle, and Upper, each of which has its own levels and distinctions of wealth —the haves and the have-mores. The influence of Richistan and the Richistanis extends well beyond the almost ten million households that make up its population, as the nonstop quest for status and an insatiable demand for luxury goods reshapes the entire American economy.
Plutocrats
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Author : Chrystia Freeland
language : en
Publisher: Penguin UK
Release Date : 2012-10-25
Plutocrats written by Chrystia Freeland and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-25 with Business & Economics categories.
Forget the 1% - it's time to get to grips with the 0.1% ... There has always been some gap between rich and poor, but it has never been wider - and now the rich are getting wealthier at such breakneck speed that the middle classes are being squeezed out. While the wealthiest 10% of Americans, for example, receive half the nation's income, the real money flows even higher up, in the top 0.1%. As a transglobal class of highly successful professionals, these self-made oligarchs often have more in common with one another than with their own countrymen. But how is this happening, and who are the people making it happen? Chrystia Freeland, acclaimed business journalist and Global Editor-at-Large of Reuters, has unprecedented access to the richest and most successful people on the planet, from Davos to Dubai, and dissects their lives with intelligence, empathy and objectivity. Pacily written and powerfully researched, Plutocrats could not provide a more timely insight into the current state of Capitalism and its most wealthy players. 'A superb piece of reportage ... a tremendous illumination' (New Statesman on Freeland's previous title, Sale of the Century)
International Robbery Of U S Wealth
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Author : A. Moraly
language : en
Publisher: Xlibris Corporation
Release Date : 2011-04-01
International Robbery Of U S Wealth written by A. Moraly and has been published by Xlibris Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-01 with Business & Economics categories.
In this book, A. MORALY presents a comprehensive analysis of the current U.S. economic crisis. To let regular people understand the paraphrases, complex terms, and economic concepts of this study, the author bases his inquiry on simple terms. For that reason, he goes through fundamental economic essential characters in the fifi rst part of this book. Part two features case study materials that are used as background information and data to analyze, judge, and infer conclusions. With this book, it is the author’s intention to enlighten readers that the collapse was not a result of economic factors; it was a result of ignorance, ethics, corruption, and crimes.
Money By Rob Moore Summary
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Author : QuickRead
language : en
Publisher: QuickRead.com
Release Date :
Money By Rob Moore Summary written by QuickRead and has been published by QuickRead.com this book supported file pdf, txt, epub, kindle and other format this book has been release on with Study Aids categories.
Do you want more free book summaries like this? Download our app for free at https://www.QuickRead.com/App and get access to hundreds of free book and audiobook summaries. Know More, Make More, Give More: Learn How to Make More Money and Transform Your Life. Have you ever wished that you were truly financially independent? Or maybe you’ve simply wanted to use your money in the way you'd like or feel confident in your ability to take care of yourself and your family. Well, you aren’t alone. Many of us have the desire to accumulate more wealth and financial freedom; however, many of us also believe that it’s impossible. There are just too many bills to pay and not enough hours in the day. Right? Wrong. Acquiring money is all about how you play the game. That’s why you see lottery winners and those who inherit money lose it all. They never knew how to play the game. It’s time that you learn so you can begin accumulating the wealth you know you deserve. Throughout Money, multi-millionaire Rob Moore explains the rules of the game and shares simple tips and tricks for managing your money and making plans for your future. After all, to become a millionaire, you’ll have to learn how to think like one! As you read, you'll learn that there is enough wealth for everyone, you'll learn how to calculate how much your time is worth, and how to leverage your time and money.
Monopoly Restored
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Author : Jack Lawrence Luzkow
language : en
Publisher: Springer
Release Date : 2018-07-16
Monopoly Restored written by Jack Lawrence Luzkow and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-16 with Business & Economics categories.
This book is a work of contemporary economic history focusing primarily on the US and the UK. It shows that, historically, much of the wealth of the ultra-wealthy has been based on inheritance, tax evasion, political influence, or wage theft. Today, much of the wealth of the rentier class—the super-rich—is based on income from ownership or control of scarce assets, or assets artificially made scarce. As a result, the super-rich reap much of their wealth from patents, monopolies, and subsidies. Their banks retain the right to speculate on risky derivatives, and their credit-card companies are not limited by usury laws that reduce interest rates. The super-rich have lowered (or escaped) inheritance taxes, shifted much of their income to lower taxed capital gains, practiced wage theft, fought minimum wage laws, outsourced jobs, and resorted to temps and contract labor to avoid unions and decent wages. They use tax havens where trillions of dollars remain untaxed, transfer profits of their intellectual and financial property to subsidiaries in low-tax regimes, and defend for-profit health insurance that is unaffordable and inequitable for millions. This book states in qualitative and quantitative terms how expensive the super-rich have become, why they are unsustainable for the rest of us, and what the way forward to greater economic equality may be. In sum, the super-rich are unaffordable.
Billionaires And Stealth Politics
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Author : Benjamin I. Page
language : en
Publisher: University of Chicago Press
Release Date : 2018-12-21
Billionaires And Stealth Politics written by Benjamin I. Page and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-21 with Political Science categories.
A look into the covert influence billionaires wield in American politics and the actions citizens can take to hold them more accountable. In 2016, when millions of Americans voted for Donald Trump, many believed his claims that personal wealth would free him from wealthy donors and allow him to “drain the swamp.” But then Trump appointed several billionaires and multimillionaires to high-level positions and pursued billionaire-friendly policies, such as cutting corporate income taxes. Why the change from his fiery campaign rhetoric and promises to the working class? This should not be surprising, argue Benjamin I. Page, Jason Seawright, and Matthew J. Lacombe: As the gap between the wealthiest and the rest of us has widened, the few who hold one billion dollars or more in net worth have begun to play a more and more active part in politics—with serious consequences for democracy in the United States. Page, Seawright, and Lacombe argue that while political contributions offer a window onto billionaires’ influence, especially on economic policy, they do not present a full picture of policy preferences and political actions. That is because on some of the most important issues, including taxation, immigration, and Social Security, billionaires have chosen to engage in “stealth politics.” They try hard to influence public policy, making large contributions to political parties and policy-focused causes, leading policy-advocacy organizations, holding political fundraisers, and bundling others’ contributions—all while rarely talking about public policy to the media. This means that their influence is not only unequal but also largely unaccountable to and unchallengeable by the American people. Stealth politics makes it difficult for ordinary citizens to know what billionaires are doing or mobilize against it. The book closes with remedies citizens can pursue if they wish to make wealthy Americans more politically accountable, such as public financing of political campaigns and easier voting procedures, and notes the broader types of reforms, such as a more progressive income tax system, that would be needed to increase political equality and reinvigorate majoritarian democracy in the United States. Praise for Billionaires and Stealth Politics “Incredibly important. The authors provide—for the first time—a clear sense of the politics and political activity of the top one hundred billionaires in America, matching what billionaires have said with what they’ve done and showing the troubling transparency gap that is critical to the evolution of policy. Billionaires and Stealth Politics is a key addition to understanding our current political reality, focused on it most significant lever.” —Lawrence Lessig, author of America, Compromised “The wealth held by American billionaires exceeds the Gross Domestic Product of dozens of countries. They exercise tremendous influence over society, the economy, and politics. Yet their impact is not well-understood. Page, Seawright, and Lacombe have given us a compelling and original piece of work on an important topic.” —Darrell M. West, Brookings Institution