Upward Transfer of Wealth Alert! Upward Transfer of Power Alert! Look What Just Doubled! Enough To Make Everyone Sick!

Stories from The Guardian and Grayzone

There are different variations to the story, but almost everyone has heard one version of it or another.  A king or raja offers a reward to someone who has done him a favor, or won a bet, or game of chess.  Maybe the king offers anything that they might ask, even up to half his realm.  The offer is declined, seemingly modestly, with a request for just a grain of rice (or a grain of wheat) placed on the square of a chess board, two grains on the next, four on the next, etc.  Or the doubling of the amount is to occur daily for 30 days.  The point is the same: With a simple doubling the promise of the doubled grains far exceeds everything the king of raja has to give.

Look what just doubled!– The wealth of the world’s richest 10 men doubled since the start of the 2-year pandemic (as 160 million more people were pushed into poverty). That’s according to Oxfam in a just released report “Inequality Kills.”

The ten wealthiest men in the world have collectively singed a letter of thanks to the Corona Covid-19 virus— Just kidding, but I leave it to others to figure out exactly how the response to the pandemic around the world has helped bulk up the wealth of the wealthiest. One of the men, heavily invested in pharmaceuticals, is a poster boy for recommended virus response: Bill Gates.  It’s also obvious why Jeff Bezos made money on the pandemic.  And Mark Zuckerberg’s role in what information flows about our tactics responding to the virus is obvious.

The ten wealthiest men in the world are:

    1.    Elon Musk
    2.    Jeff Bezos
    3.    Bernard Arnault & family
    4.    Bill Gates
    5.    Larry Ellison
    6.    Larry Page
    7.    Sergey Brin
    8.    Mark Zuckerberg
    9.    Steve Ballmer
    10.    Warren Buffett

Use the link if you want to get specifics about their windfalls.

Important to recognize that, along with that upward transfer of wealth goes a more or less equivalent upward transfer of power.  Wealth is power.  The question is often asked, beyond a certain point where wealth takes care of your every need, why want or pursue more?  What good does it do you?  One answer is that what is being pursued is really just more power.

It’s a lot of power.  Remember that doubling the grains of rice exercise?