Comments by "Tony Wilson" (@tonywilson4713) on "SHOCKING Report EXPOSES US Oligarchy | The Kyle Kulinski Show" video.

  1. YOU ARE DEAD RIGHT I'm Australian but went to college in America and first hear about this report over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. I went and checked it against the Australian data which is presented a little differently but tells the same basic story. Anyone can find the CBO report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive and its made a mess of the developed world.
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  2. ITS ACTUALLY WORSE THAN KYLE IS SAYING I have been trying to highlight this report for over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. Anyone can find the report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive. FYI - I'm Australian but went to college in America on a scholarship this is my gift to you all. Apologies if its blunt, but I do love America and the American people. I do want to see America back at its best and right now America is NOT at its best. And so you know this sort of neoliberal brain virus is doing just as much damage in Australia. We are in the midst of a full blown double crisis of housing and energy and our genius economists have said things like "its just the markets adjusting."
    3
  3. ITS WORSE THAN KYLE IS SAYING I have been trying to highlight this report for over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. Anyone can find the report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive. FYI - I'm Australian but went to college in America on a scholarship this is my gift to you all. Apologies if its blunt, but I do love America and the American people. I do want to see America back at its best and right now America is NOT at its best. And so you know this sort of neoliberal brain virus is doing just as much damage in Australia. We are in the midst of a full blown double crisis of housing and energy and our genius economists have said things like "its just the markets adjusting."
    3
  4. YOU ARE DEAD RIGHT I'm Australian but went to college in America and first hear about this report over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. I went and checked it against the Australian data which is presented a little differently but tells the same basic story. Anyone can find the CBO report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive and its made a mess of the developed world.
    3
  5. YOU AR E RIGHT and ITS ACTUALLY WORSE THAN KYLE IS SAYING I have been trying to highlight this report for over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. If you listen to some of the rebel economic people like Mark Blyth we should have had a major re-think of economics AFTER the 2008 GFC made it painfully obvious the Chicago School Neoliberalism had failed. Because there were some people who were too busy enjoying their money that didn't happen. Anyone can find the report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive. FYI - I'm Australian but went to college in America on a scholarship this is my gift to you all. Apologies if its blunt, but I do love America and the American people. I do want to see America back at its best and right now America is NOT at its best. And so you know this sort of neoliberal brain virus is doing just as much damage in Australia. We are in the midst of a full blown double crisis of housing and energy and our genius economists have said things like "its just the markets adjusting."
    2
  6. ​ @weisemari  Thanks. Here's a question for Kyle and every other Lefty commentator. If Bernie Sanders had asked for this then why isn't screaming about it? OR Since EVERY person in congress would have got this sent to them then how come they aren't screaming about it? This report is arguably one of the most important reports in recent history because it lays bare the failed neoliberal economics that all of developed world is running on, including Australia. I watch a British Economist named Gary Stevenson (here on YT) and he's as well credentialled as they come. He was Citibank's top trader in the world by betting against a British recovery post GFC. He's since left, done a masters at Oxford and now does an economics education channel here on YT. His main theme is tyring to get more people to understand economics so that we can deal with the wealth gap.
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  7.  @sandollor  Unfortunately you are missing a horrible truth that George Orwell pointed out in "1984" Winston Smith tells O'Brien that the Proletariat would rise up and O'Brien asks him why would they do that when they don't even know what's going on. He then points out the reason for doublespeak - how can the proletariat protest their position when they don't have the words to formulate the thoughts. No have a think about MAGA supporters and how their brains work on the mind virus they've been fed.
    1
  8. ITS ACTUALLY WORSE THAN KYLE IS SAYING I have been trying to highlight this report for over 6 months ago when RICHARD WOLLF mentioned it. The report was published in SEPTEMBER 2022 nearly 10 months ago. Anyone can find the report just google "congressional budget office family wealth" and the actual home page for the report should come up. On that page you can not only download the report but an Excel spreadsheet with all the data in the graphs. Here's some facts from the data of the very first graph in that report which is the one shown by Kyle at 4:26. From that graph you can not only get the effect of the 2008 GFC by comparing the 2007 data to 2010 but also the recovery by comparing the 2007 data to 2019. Adjusting for population and averaging the data on a per person value: The Top 10% LOST 11.1% of their wealth in the GFC but by 2019 were 21.1% ABOVE their 2007 value. The Middle 40% LOST 13.3% of their wealth in the GFC but by 2019 were 4.6% ABOVE their 2007 value. The Bottom 50% LOST 49.5% of their wealth in the GFC but by 2019 were STILL 21.8% BELOW their 2007 value. So after the GFC that they caused the Top 10% got around US$4 Trillion from Bush and another US$4 Trillion from Obama and have since recovered and by 2019 were US$20 Trillion ABOVE their 2007 value. Estimates have them at least US$8 Trillion above that during the COVID Pandemic. The current collective value of the Top 10% can be estimated to be above US$90 Trillion compared to an estimated collective value of US$2.5Trillion for the 165 million people who make up America's Bottom 50%. This is neoliberal economics in overdrive. FYI - I'm Australian but went to college in America on a scholarship this is my gift to you all. Apologies if its blunt, but I do love America and the American people. I do want to see America back at its best and right now America is NOT at its best. And so you know this sort of neoliberal brain virus is doing just as much damage in Australia. We are in the midst of a full blown double crisis of housing and energy and our genius economists have said things like "its just the markets adjusting."
    1
  9.  @robinsss  You're 1/2 right they didn't steal that $50 Trillion they DEFRAUDED the American people out of it. They paid off all the professors at Harvard, Yale and the University of Chicago to advise the government that making their rich benefactors even richer by lowering taxes and removing regulations and castrating the DOJ from prosecuting them in any and everyway was a good thing. When you're paying off the advisors to the government for financial gain when the relationships between the advisors and you who's funding them is not made clear ITS CALLED FRAUD.
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