The U.S. working class is paying the price that created 60,000 Chinese billionaires as Wall Street absconds with Quadrillions.

I found this statistic interesting:

There are 60,000 billionaires in China. 

http://china-wire.org/?p=22137

Is creating selfish, greedy, money-grubbing billionaires what socialism is about?

At whose expense are these 60,000 billionaires accumulating this kind of wealth?

And, what isn't stated is this:

How many billions/trillions of dollars has the Chinese government allowed the parasitical Wall Street coupon clippers--- venture/vulture capitalists and financiers--- and the other finance capitals of the world like Bay Street and The Square Mile to abscond with as workers who have created this tremendous wealth are forced to live in disgraceful poverty?

The main foreign exploiters always are willing to "share" the wealth with a few of the puppets they use in order to get away with stealing a lot more so we have to ask how much, in addition to these "home-grown billionaires," the foreign financial centers have stolen from the Chinese people through the exploitation of their labor.

Considering there are 60,000 billionaires in China it is logical to assume that the actual robbery taking place far exceeds even trillions of dollars--- we are probably looking at an enormous figure running beyond the Quadrillion range. I don't even know what there is beyond Quadrillion but the thing to keep in perspective is that the Chinese government continues to peddle this bullshit about "socialism with Chinese characteristics---" market socialism--- as an excuse for forcing workers to endure poverty. 

The Chinese government collaborates with these foreign financial centers in all kinds of elaborate schemes most people can't even understand or comprehend in order to facilitate this gigantic swindle and theft of an entire nation's wealth.

And to think that one of the primary objectives of Barack Obama's very secretive Trans-Pacific Partnership [TPP] (NAFTA on major steroids) will move more production to China where this exploitation will be expanded, enlarged and intensified--- again at the expense of Chinese workers and the American working class which has already suffered the closing of over 55,000 mines, mills and factories in order to create these Chinese and foreign billionaires with Quadrillions in profits for the few.

Of course Romney supports the TPP, too.

Obama or Romney--- Democrats or Republicans; the two-party trap is once again set; workers are going to lose.
Capital from the major financial centers around the globe led by Wall Street has united to reap super-profits from the exploitation of workers while workers haven't caught on to "workers and all oppressed peoples of the world unite."

And these politicians and foundation-funded outfits can't figure out what causes poverty? More like they are hiding what causes poverty because tremendous wealth, and what is done with this wealth, what is at stake. 

Come on, really; is there any reason any child should be forced to go to bed hungry or any person should be homeless or without health care amidst this kind of wealth being created? 

And, what is with workers being paid poverty wages instead of real living wages when there is this kind of wealth?

To think that so many billions of people have to suffer because these billionaires are "entitled" to profit.

There is no better time than now for workers and oppressed people to demand real change:

People before profits!

Imperialism is the highest stage of capitalism--- barbaric and cannibalistic.

What the hell are working people going to have to endure as capitalism lives out its twilight years of severe and super-exploitation, wars, inequality, hate and poverty?

Kind of obvious why no Wall Street politicians like Obama or Romney want to address the truth about poverty as an election issue.

And Minnesota Mark Dayton has gone to China on a "trade mission" while he did nothing to halt the closing of the St. Paul Ford Twin Cities Assembly Plant. One would think with 60,000 billionaires in China Dayton could have found a joint partner to keep the Ford Plant operating--- but, wait; the idea is to bludgeon the U.S. working class until it is willing to compete with Chinese workers in the "race to the bottom" and closing these plants is what it is all about.

The U.S. working class is paying the price that created 60,000 Chinese billionaires as Wall Street absconds with Quadrillions.

Completely and totally disgusting.

China has 60,000 billionaires

china-wire.org

More than 50 percent of assets owned by wealthy Chinese stay in the form of currency and deposits, which means they are in dire need of finance management, Yanzhao Metropolis Daily reported on Friday. The Chinese Luxury Consumer White Paper 2012 said there are 2.7 

-- 

Alan L. Maki

Director of Organizing,

Midwest Casino Workers Organizing Council

 

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