Let me introduce people to the laughably incomplete "Bloomberg Billionaires Index": the propaganda machine's absurd list of the "world's richest" - which DOESN'T INCLUDE any of the world's TRUE, most-wealthy Oligarchs.

We KNOW this is a totally phony list by the mere TITLE: a "billionaires" index. WHERE are the TRILLIONAIRES on this list? Where are the Rothschilds and Rockefellers??

As bankster insider Kyle Bass revealed in a clip posted a while back there is over $200 TRILLION just in DEBTS floating around the world. Our GOVERNMENTS are net-debtors. Our CORPORATIONS are net-debtors. Ordinary people are net-debtors.

WHO holds the IOU's?

Then there are the $TRILLIONS these greedy misers hold in antique cars, art masterpieces, real estate, and (of course) gold and silver.

The ENTIRE purpose of creating this phony index is to produce more PABLUM to spoon-feed the sheep. They will TOLD (i.e. brainwashed) again and again that these (second-tier) billionaires are the "world's richest" - just like the sheep are brainwashed into believing the United States is a "democracy"...




P.S. Note that the TOTAL value of these (supposed) "world's richest" only amounts to ONE TRILLION - less than 1/2 of 1% of the $100's of TRILLIONS being hoarded by the greediest misers in the history of the world.


"World’s Richest Worth $1 Trillion on Billionaire List"

The 40 richest individuals on Earth lost a combined $6.2 billion yesterday as stocks dropped amid disappointing U.S. earnings, according to the Bloomberg Billionaires Index, a daily ranking of the wealthiest people.

Saudi Prince Alwaleed bin Talal joined the index, which doubled the number of billionaires it tracks yesterday. Alwaleed’s fortune has increased 18.2 percent, or $3.2 billion, this year, as shares of his Kingdom Holding Co. (KINGDOM), a diversified investment group that is planning to build the world’s tallest tower, rose 36 percent. The 57-year-old ranks 24th on the index with a net worth of $20.5 billion.

“There is no secret to success,” Alwaleed said in an e- mail sent from Saudi Arabia. “It is based on a sound investment strategy, commitment and long-term vision.”

The Bloomberg Billionaires Index takes measure of the world’s wealthiest people based on market and economic changes and Bloomberg News reporting. Each net worth figure is updated every business day at 5:30 p.m. in New York. The valuations are listed in U.S. dollars.

The expanded list was published with the release of new billionaires profile pages in the Bloomberg Professional service. The profiles feature a transparent analysis of how each billionaire’s fortune was calculated.

Alwaleed’s fortune makes him richer than Google Inc. co- founders Larry Page and Sergey Brin. Page ranks in 29th place with $18.9 billion, while Brin ranks 32nd on the list compiled by Bloomberg News. He is worth $18.7 billion.
Buffett, Zuckerberg

The combined wealth of the index is $1.1 trillion. The 40 billionaires have gained a combined $88.2 billion since the beginning of the year.

Mexican telecommunications magnate Carlos Slim, 72, remains the richest person in the world, with a fortune of $68.8 billion, down $572.3 million for the day. Second is Microsoft Corp. (MSFT) co-founder Bill Gates, 56, with $62.7 billion, followed by Warren Buffett, who’s worth $44.6 billion.

Buffett, 81, the chairman of Berkshire Hathaway Inc. (BRK/A), said in an April 17 letter to investors that he has been diagnosed with stage 1 prostate cancer that is “not remotely life threatening.”

Mark Zuckerberg, the 27-year-old founder of Facebook Inc. (FB), the world’s largest social-networking company, is 25th on the ranking. Based on a roughly $100 billion valuation the Menlo Park, California-based company was trading at in the private market when it ceased trading April 3, Zuckerberg may be worth $20.5 billion, or about 25 percent less than previous estimates, once Facebook holds its initial public offering.
Tax Obligations

The reason: Facebook will issue more than 500 million shares of its Class B stock at the offering, diluting Zuckerberg’s ownership to 21 percent after he exercises 120 million options and sells about 42 million shares to cover the tax bill associated with the gain from those options.

Lee Shau Kee, who has said he would swap 99 percent of his wealth for 30 years of time, ranks 26th in the world and second in Hong Kong with a net worth of $19.8 billion. Lee, 84, has gained $2.6 billion this year after shares of Henderson Land Development Co., the developer he founded, rose 17 percent.

Cheng Yu Tung, the third-richest person in Hong Kong, has a net worth of $18.8 billion. The owner of Chow Tai Fook Jewellery Group Ltd. (1929) and property company New World Development Co. Ltd., 60, is ranked 30th in the world. His net worth is down 6.2 percent so far this year.
India, Australia

Lakshmi Mittal, the India-born chairman of ArcelorMittal (MT), the world’s biggest steelmaker, is in 28th place with $19 billion. In addition to his 41 percent stake in ArcelorMittal, the 61-year-old London resident owns hundreds of millions of dollars in U.K. real estate.

Gina Rinehart, the Australian mining heiress, is worth $18.7 billion, putting her in 31st place on the index. Rinehart, 58, the daughter of the man who discovered the mines that made Australia the world’s biggest iron ore exporter, owns perpetual royalty rights to some of Rio Tinto Ltd. (RIO)’s Hamersley mines in addition to other iron-ore and thermal coal deposits throughout the country.

Three of her four children have taken legal action in an effort to remove her as guardian of the family trust. Last month, she lost a bid to keep details of the family litigation private. Newly released documents indicate her four children may have a stake worth as much as $4.7 billion in the trust.

Li Ka-shing, 83, ranks as the richest person in Asia with a net worth of $23.9 billion.
Usmanov Tops Akhmetov

Ukrainian tycoon Rinat Akhmetov, 45, ranks 36th. His $18 billion fortune is derived from closely held metallurgy, mining and energy holdings owned through System Capital Management JSC. In government auctions held between November 2011 and March 2012, Akhmetov’s DTEK Holdings Ltd. acquired control of significant Ukrainian state coal and energy assets at prices that helped push up his net worth up by more than $3.5 billion since the auctions began.

Alisher Usmanov, the 58-year-old Muscovite who controls the Metalloinvest metals and mining company and Digital Sky Technologies, became Russia’s richest person after lucrative technology investments in Facebook, Groupon and Zynga pushed his fortune to $19 billion, up $1.6 billion this year.

Gennady Timchenko, who controls a portfolio of international energy and oil trading assets, the largest of which is a 45 percent stake in Gunvor Group Ltd., is worth an estimated $12.1 billion. He became acquainted with Russian President-elect Vladimir Putin in the early 1990s when Putin was serving as deputy mayor of St. Petersburg. Putin also was chairman of a judo club Timchenko co-founded.
Chocolate Empire

Michele Ferrero, who owns the closely held Ferrero SpA chocolate empire, is Italy’s richest citizen with $21.9 billion. Since 1949, he has been the family leader of the global chocolate and confectionery company that makes Nutella, Tic Tac and Ferrero Rocher.

Alberto Bailleres, the second-richest man in Mexico behind Slim, is worth $18.5 billion. His net worth has soared $1.3 billion this year. While his most-valuable asset, Industrias Penoles SAB, Mexico’s largest silver producer and a miner of gold, has only gained 1 percent in 2012, Bailleres, 80, has benefited from a strengthening currency. The Mexican peso is the best performer among major currencies this year, up 5.7 percent against the dollar.

Iris Fontbona, the matriarch of Chile’s richest family, ranks 34th. Fontbona, her three children and two heirs from the late Andronico Luksic’s previous marriage, control a combined fortune of $18.4 billion. The family owns copper producer Antofagasta Plc (ANTO) and, through holding company Quinenco SA (QUINENC), interests in banking, beer and shipping.
40th Place

Jorge Paulo Lemann is the second-richest man in Brazil with a net worth of $15.9 billion. He ranks last on the ranking.

The 72-year-old tripled his latest investment after he and his partners at 3G Capital Inc. sold a 29 percent stake in Burger King Holdings Inc. this month for $1.4 billion, valuing the fast-food chain at $4.8 billion. As part of their 2010 leveraged buyout, 3G put up $1.5 billion in equity and loaded at least $2.5 billion of debt onto the company’s balance sheet.

Carl Icahn didn’t make the cut. The activist investor, 76, has a net worth of $15.6 billion based mostly on his stakes in Icahn Holdings, a hedge fund he closed to outside investors in 2011, and publicly traded Icahn Enterprises LP. (IEP)

Icahn last week sued Amylin Pharmaceuticals Inc. (AMLN), in which he is the third-largest shareholder, demanding records related to a $3.5 billion takeover offer by Bristol-Myers Squibb Co. as he seeks to start a proxy fight against Amylin’s board.

Ricardo Salinas, 56, also fell short. His stake in Grupo Elektra SA plunged 25 percent in the past week, leaving him with a net worth of $15.8 billion. The retail and banking conglomerate posted its biggest two-day drop since at least 1994 as new Mexican stock-exchange rules threaten to cut the company’s weight in the benchmark index. Salinas’s stake in the company has dropped $4.4 billion since April 11.

Actually it should read, "Worlds richest and connected slaves list"

I am thankful not to have made the cut
WHen reading the following it is clear that money doesn’t' bring happiness. How sad to live (and I expect die) with animosity in one's family.


Gina Rinehart, the Australian mining heiress, is worth $18.7 billion, putting her in 31st place on the index. Rinehart, 58, the daughter of the man who discovered the mines that made Australia the world’s biggest iron ore exporter, owns perpetual royalty rights to some of Rio Tinto Ltd. (RIO)’s Hamersley mines in addition to other iron-ore and thermal coal deposits throughout the country.

Three of her four children have taken legal action in an effort to remove her as guardian of the family trust. Last month, she lost a bid to keep details of the family litigation private. Newly released documents indicate her four children may have a stake worth as much as $4.7 billion in the trust.

samix wrote:
Actually it should read, "Worlds richest and connected slaves list"


...or perhaps simply "world's best slave-masters"?

Looking over this piece again I focused on this quote:

"...Lee Shau Kee, who has said he would swap 99 percent of his wealth for 30 years of time..."

I suggest to people here that BEING a billionaire is a "crime against humanity". In a world where (large numbers of) people are DYING of starvation and poverty-based afflictions every day, does it make any difference whether one of these Misers is hoarding a billion dollars worth of stock and real estate; a billion dollars worth of gold and silver; or simply a billion dollars worth of FOOD?

What IS relevant here is the quote above: a billionaire who "lost" (or had CONFISCATED) 99% of his wealth would STILL have $10 MILLION - enough for an entire family to live lives of luxury, in perpetuity.

In a world where people are DYING from poverty we have these greedy misers with AT LEAST 99% more wealth than any of them could ever possibly need. Their GREED is directly responsible for many of these deaths - and INDIRECTLY responsible for ALL of these deaths.

If these misers simply STOPPED their hoarding (i.e. didn't try to STEAL an even larger share of the world's wealth), that alone would result in 10's of thousands less deaths each year. If their wealth was ever TAKEN from them (since the misers would never willingly surrender it) we could end poverty GLOBALLY.

debsyl wrote:
I am thankful not to have made the cut
WHen reading the following it is clear that money doesn’t' bring happiness. How sad to live (and I expect die) with animosity in one's family.


Gina Rinehart, the Australian mining heiress, is worth $18.7 billion, putting her in 31st place on the index. Rinehart, 58, the daughter of the man who discovered the mines that made Australia the world’s biggest iron ore exporter, owns perpetual royalty rights to some of Rio Tinto Ltd. (RIO)’s Hamersley mines in addition to other iron-ore and thermal coal deposits throughout the country.

Three of her four children have taken legal action in an effort to remove her as guardian of the family trust. Last month, she lost a bid to keep details of the family litigation private. Newly released documents indicate her four children may have a stake worth as much as $4.7 billion in the trust.

Good eyes Debsyl!

I often talk of greed being a "disease", and here we see it illustrated that I should have said "contagious disease". What is turning children against parent? The children whining about not being HANDED enough $BILLIONS.

I'm HOPING that if was a part of that clan myself that instead of being in a fight to see if I could get more $BILLIONS for myself that I would instead be fighting to have most of this ill-gotten, undeserved fortune given to various worthy CHARITIES. But not having been "exposed" to this contagious disease in the past, I obviously can't know this for sure.

Note that the more money that is involved the more VIRULENT the greed...

Jeff, I understand what you are saying, but it is interesting that one person may consider themselves average, with respect to financiers, but to another he/she is wealthy.

When my husband and I volunteered in a hospital in Guatemala we were shocked at how the Guatemalans lived, yet they were, for the most part, content with their lot in life. If they saw the standard of living we have in the western world they would consider us EXTREMELY wealthy, yet many of us complain.

Greed is also an interesting concept. It doesn’t take the extremely wealthy to show the “evils” of greed. Only last week, I came “up close” to what I perceive to be greed. (I am open to other thoughts – as perhaps I am wrong) Our special "Katie" will soon “graduate” from high school. Due to her needs, we started looking into various day programs. After selecting a program which we felt met her needs we were told there are not sufficient places in Ontario for those with special needs; in fact, our Liberal, provincial gov’t is cutting more places as I write this. (At present the waiting list is two years) Why? Because they have over spent in other areas and now need to cut costs.

I expect you will never guess what one day in an adult day program costs the Ontario taxpayers. I was shocked when I was told the cost is $1000. PER DAY, PER PLACEMENT, yes, that amounts to $5000.00 a week. I know for a fact they do not receive steak and lobster for lunch, nor do they fly to Disneyland for an outing, but since the bill goes to our government, the caregiver feels justified in billing this amount to our government.

Here’s another cost which I believe is outrageous. Did you know some motorized wheelchairs cost $30,000? Honestly, that is more than a car. There is highway robbery taking place within the disabled community. Maybe I am wrong, but I do not, for one moment, believe these prices are justified. IMHO this is greed. No family (unless you were extremely wealthy) could afford this expense.

If I had the eyesight, I would seriously considering selling our business and going back to school and start an affordable program for the special needs community.

What an opportunity to help make life meaningful and exciting for those less fortunate than ourselves

It is evident that the hidden Oligarchs are not only motivated by greed but also fear and hatred of humanity which feeds their lust for power.

What else explains their ACTIVE IMPOVERISHMENT of the masses in addition to their own enrichment? They must eliminate all possible competition to their top-dog status and they achieve this through perpetually sowing discord and profiting from it. They literally thrive off entropy. Wars, terrorism, ethnic cleansing, drugs, prostitution, banditry, piracy, police state tyranny, crop destruction, eco-terrorism, alternative energy suppression, ad nauseum. All to maintain their monopoly on EVERYTHING.

All the while, they manage to shift the blame for all this elsewhere and paint themselves as the BENEFACTORS of humanity!!

This came home to me yesterday when I was playing a game of junior monopoly with my kid.
Perverse, that Mr Monopoly (J.P Morgan), one of the most evil men to ever walk the planet, is depicted as a cuddly cartoon figure!!!

debsyl wrote:


Greed is also an interesting concept. It doesn’t take the extremely wealthy to show the “evils” of greed. Only last week, I came “up close” to what I perceive to be greed. (I am open to other thoughts – as perhaps I am wrong) Our special "Katie" will soon “graduate” from high school. Due to her needs, we started looking into various day programs. After selecting a program which we felt met her needs we were told there are not sufficient places in Ontario for those with special needs; in fact, our Liberal, provincial gov’t is cutting more places as I write this. (At present the waiting list is two years) Why? Because they have over spent in other areas and now need to cut costs.

I expect you will never guess what one day in an adult day program costs the Ontario taxpayers. I was shocked when I was told the cost is $1000. PER DAY, PER PLACEMENT, yes, that amounts to $5000.00 a week. I know for a fact they do not receive steak and lobster for lunch, nor do they fly to Disneyland for an outing, but since the bill goes to our government, the caregiver feels justified in billing this amount to our government.

Here’s another cost which I believe is outrageous. Did you know some motorized wheelchairs cost $30,000? Honestly, that is more than a car. There is highway robbery taking place within the disabled community. Maybe I am wrong, but I do not, for one moment, believe these prices are justified. IMHO this is greed. No family (unless you were extremely wealthy) could afford this expense.

If I had the eyesight, I would seriously considering selling our business and going back to school and start an affordable program for the special needs community.

What an opportunity to help make life meaningful and exciting for those less fortunate than ourselves

Debsyl I understand your frustration and "sticker shock", however I would strongly suggest that the REAL culrpit here is the INFLATION produced by bankster money-printing.

Understand one of the MAIN reasons for creating all of this inflation: to SECRETLY drive down our wages without the ordinary worker realizing it. And they have been successful.

They have driven our wages down by more than 50% over the past 40 years. If all ordinary people were making MORE THAN DOUBLE their present wages then suddenly those costs you're speaking of would not seem nearly as outrageous.

What I forget to add when I talked about the greater than 50% decline in our standard of living was that our wages have now LITERALLY been driven all the down to Great Depression levels.


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Is it a SURPRISE that with all ordinary workers being paid Great Depression wages that EVERYTHING seems ridiculously expensive?

If you were an executive of a large corporation being (over)paid $MILLIONS per year then the costs you speak of are trivial. If you want to blame someone for the costs of providing care to your child blame the RIGHT people: the BANKSTERS.

I understand the inflation factor, Jeff; however, there is much more to this than inflation. If you stop and analyze the numbers, $1,000 per day per placement is NOT justified. We all know the expenses associated with operating a home and the cost of food. If I hired two employees for four adults that would be a 1 to 2 ratio, this is an excellent ratio and often more than is needed within the community. These four placements would generate $20,000.00 per week. If I was given $20,000 per week, not only would these four people be the best fed and “entertained” adults in the special needs community, but I would have bought and paid for, in one year, the home from which we would operate. It is common knowledge, to anyone who works for the government that, once it is mentioned that the government is flipping the bill, the cost of the supplies instantly increases many times over. This is greed!

My second concern is that the government squanders the money to appease special interest groups and to buy votes, giving lucrative contracts to some, and then tax the average person for the waste.
I have time for one example.

The present Ontario Liberal government has made many contracts to pay farmers and wealthier homeowners, between .80 - .60 per kilowatt to generate electricity from solar panels, while the electrical user presently pays approximately .10 per kilowatt. This is costing the government billions and will ultimately lead to extremely expensive hydro rates. Is there a need for this? If you ask any electrician you will be told that this is an excellent example of government waste. At present the taxpayer is paying literally billions of dollars for Dalton McGuinty’s green energy policy; a policy which is inefficient and often unwanted (wind turbines). To top it off, Ontario often has a surplus of energy which we “give away “to our neighbours to the south. Now that McGuinty has “discovered” that Ontario’s financial picture is far from rosy, he has decided cuts are in order. As is the case with most governments they cut services to those who can least afford it, the most vulnerable. Although I do not wish this sadness on anyone, I am sorry to say that what we need, in our governments, are politicians who understands the dilemma of the special needs community; politicians who have such children within their own families. Once a person has walked in the shoes of these families, they would be excellent advocators.

Please do not misunderstand me, in many ways I am an outsider here, we care for a special needs “child”, but it is still not the same as being the parent of such a child.

Jeff, I blame our Liberal government for mismanagement of the taxpayers money and the greed of those who overcharge our governments on the backs of the taxpayer, in this case, not the banksters.


www.thestar.com/news/canada/article/1136...-wish-they-could-pay

Ontario sells electricity surplus at price customers here wish they could pay
Published On Sat Feb 25 2012
Rob Ferguson Queen’s Park Bureau

Ontario is about to get more electricity at a time when demand is dropping because of a slow economy, which means the province will be exporting even more power at cheap prices homeowners would love to pay.

That simple fact of supply and demand — highlighted by the agency that regulates the provincial hydro system — has renewed questions from critics over whether the province needs to keep adding green and nuclear power.
“It’s one thing to have reserve power. This much surplus power is ridiculous,” said Progressive Conservative energy critic Vic Fedeli.
“If we’re into a chronic period of surplus, we should be reviewing all the numbers,” added his New Democrat counterpart Peter Tabuns, whose party opposes plans to build two new reactors at the Darlington nuclear station, east of Oshawa.

But Energy Minister Chris Bentley contends Ontario is within the 20 per cent international standard for having a buffer of additional power to keep the lights on if, for example, a major power plant runs into trouble.
“It’s hard to match demand and supply perfectly on a day-to-day basis,” he acknowledged in an interview after the Independent Electricity System Operator (IESO) sparked debate with a new 18-month outlook on Friday.
Having the breathing room of a surplus is preferable to the summers five to eight years ago when homeowners and energy ministers were “on the edge of their seats wondering if we had enough,” Bentley added.

He was hearkening back to the big blackout of 2003 and two tense summers that followed before more new power generation came to the grid following the election of the Liberals, a couple of months after the cascading 2003 collapse of the energy grid that left much of northeastern North America in the dark.

The IESO’s outlook noted that continued weakness in the global economy and conservation efforts will put “downward pressure” on energy use until August 2013, particularly at peak periods like dinnertime and early evening.

At the same time, there will be more power from the Bruce nuclear station coming on line with the completion of two reactor refurbishments, along with more power from gas-fired plants and new transmission lines from renewable green power like wind and solar.

These factors “will increase the frequency and amount of surplus baseload generation over the outlook period,” the IESO wrote, its industry argot translating to have more surplus more often.

Last year, surplus power was sold for a total of $418.9 million.
That’s a lot of money and it goes to defraying costs of running the power system, but at times the kilowatt hours are sold for a penny or two, and sometimes given away, in the interconnected hydro grid linking Ontario with New York, Michigan, Quebec, Manitoba and, to a much smaller extent, Minnesota.

Contrast those pennies to the peak price of around 10 cents that homeowners pay, particularly for some solar power for which the province pays a whopping 80 cents, said Fedeli.
“When you’re stuck with that power, they (potential buyers) literally have you over a barrel. Yes, surplus is going to happen but it should be a rare occurrence.”

A study for the C.D. Howe Institute last year found Ontario electricity customers subsidized power exports at a cost of $1 billion since 2006. And the Star reported Friday that consumers are paying $1.5 billion a year to make sure there’s enough power during peak periods. That translates to about one cent per kilowatt hour, or $8 on the monthly bill of a household using 800 kilowatt hours of electricity, according to consulting firm Secor Energy Group.

The IESO said the selling of surplus power is not new and has happened over the years under governments of all political stripes, and that Ontario also takes advantage of low prices on the grid from elsewhere.
“There’s times we are buying it cheaper from a neighbour, and it’s cheaper than us firing up a gas-fired generating plant,” said Alexandra Campbell, referring to natural gas plants that can be quickly switched on to meet peak demand.

The surplus power in the next couple of years is expected to be a temporary situation because, soon after that, more reactors at the Darlington, Pickering and Bruce nuclear stations will be taken down for lengthy refurbishments, and more coal-fired plants will close to reduce air pollution, Campbell added.

No one expected the 2008 recession and resulting slowdown in demand when the power system was being planned years ahead of time, said Bentley.
“It’s pretty tough to predict five or 10 years ahead what power you’ll need on any given day.”

Debsyl it's certainly possible that the care-giver you mentioned is gouging the government. It wouldn't be the first time that's happened. Indeed, your own language indicates we tend to expect that of ALL governments.

My point was (and is) that when it comes to soaring costs the VAST MAJORITY of responsibility belongs to the FEDERAL government. Fortunately you provided a second example where it's obvious the federal government is 100% responsible.

To begin with, as the article notes it would be RECKLESS for any government not to have surplus power - as it leaves you at the mercy of both your neighbours and economic cycles. The previous power PINCH the writer refers to was REAL - not theoretical.

The writer also notes that the MOVE toward a significant power surplus started in 2006. What was happening in 2006? In Canada we elected the Economy Destroyer: Stephen Harper. Meanwhile, south of the border we had Ben Bernanke gushing about the U.S.'s "Goldilocks economy" - which was just going to keep going up and up forever.



You obviously can't blame the McGuinty government for believing the lies of Bernanke (like every other government on the planet). You can't blame McGuinty for underestimating the amount of economic destruction that Stephen Harper could cause in such a short amount of time. Recall that in 2006 Canada had (by far) the strongest/healthiest Western economy - while today we have another Mulroney Mess.

Not only have these people been DESTROYING our economies but obviously this CREATES a power surplus - because crippled economies use less power. But federal blame goes FAR, FAR beyond that.

These LIARS not only continue to pretend that our economies are much stronger than they really are (with their fraudulent statistics), but then they ALSO lie about expecting a rosy future.
This causes governments to project they will need much more power than they really do.

Beyond that, the writer is obviously an unprincipled hack with a grudge against the current government. ANY/ALL governments with a power surplus will be forced to sell such surplus power at wholesale prices. Indeed, we can extend that to the general proposition that ANY producer with a surplus of ANYTHING will have to sell that surplus at a discount.

Without the lies and incompetence of the Harper government there is no reason to believe there would be any more power being produced in Ontario than what was prudently needed to meet demand.