Joyanna Adams

Nobody's Opinion

When Despots Rule: Nobody Reads Robert Kiyosaki

Nobody Reads

Here are a few examples from the book FAKE by Robert Kiyosaki, that I am reading now. It’s a favorite in MY library…because Mr. Kiyosaki GETS IT ALL. If you want to read a money book, I suggest you start with this one.

He talks about money, who has it, and how we got to this point.

FROM THE BOOK:

The system is broke and broken. The gap is growing. We are on the verge of class warfare.

Steven Brill reports:

  1. Between 1929 to 1970, middle-class incomes grew faster than upper-class incomes. Income inequality was reduced.

  2. In 1928, the bottom 90 percent shared 52 percent of total wealth.

  3. By 1970, the bottom 90 percent’s share of total wealth increased to 68 percent.

  4. In 1970, the top 1 percent’s share of wealth was down to 9 percent of total wealth.

  5. In 1971, the trend stared going the other way and accelerated.

  6. By 2007, the wealth of the top 1 percent was up to 24 percent of total wealth.

  7. By 2012, the bottom 90 percent share dropped to 49 percent, less than half of total wealth.

Steven Brill goes on:

The elites were able to consolidate their wings, outsmart and co-opt the forces that may have reined them, in, and pulled up the ladder so more could not share in their success or challenge. Their primacy.

By continuing to get better at what they do, by knocking away the guardrails. Limiting their winnings, aggressively engineering changes in the political landscape and by dint of the often-unanticipated consequences of their innovations, they created a nation of moats that protected them from accountability and from the damage their triumphs cause in the larger community.

Translation: The elites are above the law. They have no guardrails. They have the money to hire the best elite attorneys, often classmates from the same elite schools, to battle lower paid government attorneys from less prestigious law schools. They have the power to do what they want without being held responsible for what they do or accountable of how many peoples lives they damage. Their privileged education an success have turned them into despots.

Yep. And that about sums it all up: Globalism. The elites really don’t care how they destroy America.

And the democrats (who are part of the 1percent elites) always blame the republicans for getting richer.

When they are even bigger despots than the GOP.

Still, when it comes to this ‘crisis’ and the actions of all our politicians, I’d say they are all about even.

July 16, 2020 - Posted by | American History, economy | ,

6 Comments »

  1. Mrs O…yes, the link was a good one. It seems Trump and Robert are good friends. Both honest men. Both trying to help others.

    Both know the game. Thanks for the article~!

    Like

    Comment by Joyanna Adams | July 21, 2020 | Reply

    • You’re welcome Joyannna!

      Like

      Comment by Anonymous | July 23, 2020 | Reply

      • I hate writing on my tablet ~ it posted without my putting my name in!
        So I’ll sign here.
        Mrs. O 😉

        Like

        Comment by Mrs. O | July 23, 2020

  2. Put a request in online to your library.

    Sometimes Amazon sells old copies for less that are in good condition.

    AND search your local area for a used books store. I have one near me that sells books for about $3 to $4 dollars.

    And yes, I have read it, and like all Trump’s book..it’s worth the read. Great minds think alike.

    Like

    Comment by Joyanna Adams | July 17, 2020 | Reply

  3. Dear Joyanna,

    After I read your post this morning, I ran across another e-mail that mentioned a book that was written by Robert Kiyosaki and Donald Trump! “Why We Want You to be Rich” was written in 2006. I had never heard of it. Have you read it? I may have to see if I can find it at my library (if it ever opens again; Amazon only has an abridged audio CD of it for $23.65; I’m too cheap to pay that much for something that’s not even a full version of the book 😉 ).

    Like

    Comment by Mrs. O | July 17, 2020 | Reply


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