The Destructive Tyranny of Offensive Wealth
By: Walter Rhein
Tags: Elections, Politics, Wealth, Debt, Wealth Inequality

The Destructive Tyranny of Offensive Wealth

The only thing that stands in the way of a better world is the insatiable greed and incomparable cruelty of the wealthy class Walter Rhein Follow Nov 16, 2020 · 7 min read

Photo by Daniel Jensen on Unsplash

Every tragedy and injustice that plagues our society persists due to the cruel indifference of the wealthy class. Every child that goes hungry, every person that goes homeless, every illness that goes untreated is because a rich person would rather be surrounded by luxury than help out their fellow human beings.

Wealth inequality is the fundamental injustice of our age. The richest people in our nation control the media, so the narrative of wealth cruelty is pushed aside, buried, and ignored. Our political discourse is littered with carefully crafted soundbites designed to divert attention away from the problem, and even justify ongoing wealth theft.

At the core of the problem is the general public’s complete lack of understanding as to what motivates the rich. The working class is so caught up in paying their medical bills, or student loans, or insurance premiums that they don’t have time to speculate on what wealthy individuals are up to. The simple fact is that there’s nothing you can buy with a billion dollars that you can’t buy with 500 million. The tireless quest of the obscenely rich to acquire more assets isn’t motivated by a desire for personal gain. They do it because they want to subjugate and torment the rest of us.

More than their fair share

Every year the richest people in our nation manage to increase their fortunes while the rest of us have to scrape to get by. They strive to increase their percentage of all new wealth created, and our society is approaching the point of no return.

In the second quarter of 2020, the share of net wealth in the United States held by the top 10 percent increased slightly from the previous quarter to 69 percent. At the beginning of 1990, this figure stood at 60.5 percent. During this period, the wealth share of the 90th to 99th percentile remained broadly constant at around 37 percent, while the share of the top one percent increased from 23.5 percent of net wealth to 30.5 percent. — Eric Duffin

Consider if that trend had gone the other way. Currently the bottom 50% of households hold only around1.6 trillion dollars. The total wealth of the United States is approximately 100 trillion dollars. If an additional 10% had trickled down instead of up, 50% of Americans would have seen their net worth rise by an astonishing 725%.

What does that mean?

The numbers are almost too big to comprehend. An additional 10 trillion dollars distributed to 50% of American families would irrevocably alter everything about our society. Basically, all your perceptions about growing wealth could be thrown out the window.

According to Nerdwallet.com, the best savings accounts offer a rate of around 0.6%. If you put $100 in a savings account with that rate, at the end of 30 years you would have a total of $119.66. In contrast, if you saw your $100 go up by 725% after 30 years, you would have $825.00.

Would you rather have $119.66 or $825.00?

The multiplier

To put in terms that are even easier to understand, think about everything you owned 30 years ago. If your wealth had increased at the same rate it does for the nation’s wealthiest people, you would be able to multiply all your assets by 8.25. Look around your house, imagine that for every pair of shoes you had, you now have 8.25 pairs of shoes. If you had a car, you now have 8.25 cars. If you were fortunate enough to have a house, you now have 8.25 houses.

Wealthy people have so much more money than the working class that our minds are almost incapable of calculating the difference. It’s similar to comparing the distance to the nearest post office to your house, to the distance between the Earth and the sun. It breaks your mind to even try to consider.

They play on the other side of the decimal point

Regular working class people don’t even strive for a 100% percent return on an investment. We fight and we claw and we struggle to get 5% and we congratulate ourselves the few times we achieve it.

Wealthy people laugh at a 5% return. They think people that are placated by such a pitiful achievement are pathetic and stupid. Competing with them is like trying to win a game of monopoly against somebody who starts the game in possession of all the properties, hotels, and cash.

Working class people are forced to put our money in their banks which allows the rich to steal their obscene percentage. They refuse to admit that they can’t do it without us, and it offends them that they have to distribute the paltry fraction of a percent the market dictates they provide.

They control us

We don’t have the option of avoiding them. It’s not possible to survive in the modern world without a bank account. Furthermore, when banks get into trouble, the government is always right there to send the wealthy elite trillion dollar checks that the working class will eventually have to repay.

Our whole perception of working and investing is a completely artificial scheme which is designed to keep us struggling and in poverty. The rich like to claim that it’s possible to work our way to a better station in life, but the wealthy class does everything it can to place obstacles in our path.

Wealthy people aren’t job creators

One of the worst parts about living in the United States is how we are all constantly subjected to these nonsensical axioms that have been manufactured to justify the continuing existence of tyrannical wealth.

“Well, we need rich people, they are the job creators.”

Yeah, because if a rich person didn’t exist, the oak tree in my yard wouldn’t drop its leaves in autumn and I wouldn’t have to rake. If rich people didn’t exist, people wouldn’t be hungry and farmers wouldn’t have to tend their crops. If rich people didn’t exist, people wouldn’t have to go anywhere and there would be no need to build roads.

Necessity creates jobs, progress creates jobs, the natural demands of survival create jobs. All rich people do is divert economic wealth to themselves. They obstruct and inhibit the progress of our species, they don’t aid it.

No rich person ever helped you

Consider your life. Every single time somebody has changed the oil in your car, s/he has been in the bottom 50%. Every time somebody has cooked and served you food, that person has been in the bottom 50%. Every soldier that has died to protect our freedoms has been in the bottom 50%. Every positive social interaction of your life has come from a person with minimal wealth just like you.

The only time you’ve interacted with somebody in the top 10% was when you were served a medical bill that robbed you of everything you’ve ever earned. If you’ve ever had a bank foreclose on your home, you’ve dealt with a rich person. If you’ve ever had your pension stolen or your social security cut, you’ve endured the aggressions of the rich.

Class warfare

The rich often complain about being the victim of a non-existent form of class warfare, but their complaints are just propaganda. The only class warfare that exists is the one the rich constantly wage on the middle class and those that live in poverty.

If you go to your local bar, it’s likely you’ll find someone who has been programmed with the divisive lies that are designed to set working class people against each other. They’ll rant and rave for hours about the pennies that are distributed to Welfare recipients, while remaining completely indifferent to the trillions of taxpayer dollars that go directly to the obscenely rich.

It’s time to drop the anchor

If you want to be perfect, go, sell your possessions and give to the poor, and you will have treasure in heaven. Then come, follow me — Jesus Christ, Matthew 19:21

The sad reality is that there’s plenty of wealth to go around for everyone. All of our children should receive medical care and quality education. As a society, we should be able to cultivate the drive and determination of every generation and harness its full potential in pursuit of a brighter future for everyone.

The only thing that stands in the way of a better world is the insatiable greed and incomparable cruelty of the wealthy class. It’s time we recognized once and for all that their ultimate motivation is not personal achievement, but the destitution and destruction of their fellow citizens. The wealthy class is an anchor. In the name of compassion and humanity, it’s past time we purged them from our nation.