Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Sunday, July 3, 2011

Yes, the Rich Did Get Richer

The World Wealth Report, released Wednesday, found that last year was not just a good year for the really wealthy. It was also a good year for the merely rich. The number of people with more than $1 million to invest was 10.9 million, up 8.3 percent, while the amount of money they had, $42.7 trillion, had risen by 9.7 percent. (The wealth of this group excludes the value of their primary residences, collectible items and consumable goods.)

http://www.nytimes.com/2011/06/25/your-money/25wealth.html?_r=2&pagewanted=all


[From http://www.richgibson.com/blog/