Saturday, January 9, 2016

This Year's New Resolution?

This Year's New Resolution?


The new year has started off with a bang

although not with much  cash overhang,

In a few days,  the richest have  lost 194 billion in trading

making an argument for economic democracy I'm parading :

The world's  population will today about    7.4 billion reach

 so spreading  that equally would mean only $26.22 each

That's all a matter of"you can  look it up" fact--

and even Bernie Sanders might not object to that.


If it's not too late for a New Year's resolution,

Let's  start with  this  new slogan for our revolution

and at the same time   feel a little sorry for a boss--

It's no longer  Share the Wealth,   it's Share the Loss.

HzL
1/10/16

Casey Stengel - Wikipedia, the free encyclopedia

https://en.wikipedia.org/wiki/Casey_Stengel

Wikipedia
After his major league career began, he acquired the nickname "Casey", which originally came from the initials of ..... As Stengel often said, "You can look it up.".

Little Orphan Annie - Wikipedia, the free encyclopedia

https://en.wikipedia.org/wiki/Little_Orphan_Annie
Wikipedia
This article is about the 1924 comic strip, Little Orphan Annie. .... The earlier strips relied on a formula by which Daddy Warbucks is called away .... Gray was little affected by the stock market crash of 1929. ... But following FDR's death, Gary resurrected Warbucks, who said to Annie, "Somehow I feel that the climate here has  ...
Missing: quarter





Now Reading:World's Richest Lose $194 Billion In First Trading Week of 2016
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World's Richest Lose $194 Billion In First Trading Week of 2016

The world’s 400 richest people lost almost $194 billion this week as world stock markets began the year with a shudder on poor economic data in China and falling oil prices.
Forty-seven billionaires lost $1 billion or more during the worst week for U.S. stocks since 2011, according to the Bloomberg Billionaires Index. The combined drop was almost seven times the $29 billion lost in the first five trading days of 2015. The 400 people on the index had a combined $3.7 trillion at the end of the week, compared with more than $4 trillion a year ago.

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