Welcome to the Class War

By Lowell Ponte

In the Great Class War between the “rich” and the government, whose side are you on? This week MarketWatch reported that by 2030, “the richest 1%” are on track to “control nearly 66% of the world’s money.” This is approximately $305 trillion, it reported, based on data from the hard-left British newspaper The Guardian, best-selling French Marxist economist Thomas Piketty, and other sources with comradely views. The activist group Oxfam warns that “just eight billionaires have as much wealth as 3.6 billion people – the poorest half of the world.” [more...]