News, Etc.

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A gang of criminals decided to get together to see how they are going to continue to screw over the world in order to profit further.Not even the Mafia had such bold goals: The 44th annual World Economic Forum (WEF) began Wednesday, bringing over 2,000 corporate executives, major investors, government leaders, central bankers and celebrities to the Swiss Alpine resort of Davos.The annual celebration of wealth and avarice follows a bumper year for the world’s super-rich. Stock prices and corporate profits surged to new record highs, swelling the bank accounts and portfolios of the financial elite, even as austerity measures, wage cutting and layoffs slashed living standards and threw tens of millions more people into poverty.On the eve of the forum, the British charity Oxfam released a study documenting the staggering growth of social inequality. Oxfam reported that the richest 85 individuals possess more wealth than the poorest 50 percent of the world’s population—3.5 billion people! . . .

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