Trudeau blames corporate elites for rise in global public anger [Wealth inequality]

[Bernardo de La Paz]

http://www.theglobeandmail.com/news/politics/trudeau-merkel-germany-nato-spending/article34065401/
(emphasis added)

Justin Trudeau is blaming corporate and government leaders for the spike in global anger rocking world politics, warning that low wages and the shift to precarious part-time work is at the heart of why citizens are opposing traditional powers.

Speaking at the St. Matthew’s Day banquet – an elite, black-tie event in Hamburg with a tradition that dates back centuries – the Prime Minister said companies contribute to public anger when they post record profits on the backs of workers who are underpaid and overworked.

“It’s time to pay a living wage, to pay your taxes, and to give your workers the benefits – and peace of mind – that come with stable, full-time contracts."

{...}

It is that type of language that has led Mr. Trudeau to be labelled the “anti-Trump,” a term used Friday on the front page of Germany’s Die Welt newspaper. The paper also declared Mr. Trudeau the “sexiest politician alive.”

{...}

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In my opinion, wealth and income inequality need to be addressed sooner than later or else there are going to be revolutions. The disparities are becoming untenable.

[roamer65]

1. Trudeau all the way!

[shenmue]

3. Amen

[appalachiablue]

4. The heart of the matter. Trudeau rocks.

[democratisphere]

5. The wealthy are destroying the very fuel required to drive their 70% consumer based economy.

The wealthy have been blinded by their own insatiable greed.

[Bernardo de La Paz]

8. Yes. Being clever about short-term gains is unwise about long-term growth. . . nt

[leftstreet]

6. DURec

[moondust]

7. Republicans mainly responsible.

A few Trumpanzees probably kind of get it but they won't vote for the big-tent party that includes all those minorities; bigotry comes first. All Trump has to do is mention "steel mills" and "factory jobs" a couple times and they'll sign right up. The situation will never be fixed as long as they keep electing Republicans and other countries keep going along with it so they don't get "left behind."

[Bernardo de La Paz]

10. tRump suckers believed him when he said Hillary would be controlled by Goldman Sachs

Republicon followers voting against their own best interests has exacerbated the problem.

Now we have a cabinet stuffed with billionaires and Goldman Sachs.

http://www.ibtimes.com/political-capital/donald-trump-said-goldman-sachs-had-total-control-over-hillary-clinton-then

Donald Trump Said Goldman Sachs Had ‘Total Control’ Over Hillary Clinton — Then Stacked His Team With Goldman Insiders

On the campaign trail, Donald Trump was no fan of financial industry giant Goldman Sachs. One of his campaign ads in the days just before the vote even featured Goldman CEO Lloyd Blankfein. The voiceover didn't name him, but as his image flashed onscreen, the narration described “a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities.”

Trump had already attacked Republican rival Ted Cruz and Democratic opponent Hillary Clinton for their ties to Goldman Sachs. Clinton famously pocketed $675,000 for three private speeches to Goldman employees. (Blankfein was a Clinton supporter.) Cruz’s wife worked at Goldman, and he’d taken a loan from the bank to help fund his campaign.

“I know the guys at Goldman Sachs,” Trump said last February. “They have total, total control over him. Just like they have total control over Hillary Clinton."

The president-elect doesn't seem worried that the multinational finance company might try to control him: At least four key members of his transition team — including Steve Bannon, the chief White House strategist — are either former employees or former lobbyists for Goldman Sachs.

[moondust]

11. Goldman Sachs stock up 37% since election.

Other big bank stocks up bigly.

How's that workin' for ya, Trumpanzees?

[Cosmocat]

9. This times 1,000,000

mm

[Blue_true]

12. Unfortunately, Automation and Artificial Intelligence.

Is only going to make the problem of income inequity worse. When companies and people that are wealthy are given the choice of using people or smart machines that can do the work people do, those with money will always chose smart machines - that is the problem that political leaders are failing to address, and it is that problem that will ultimately destroy society - the rich along with everyone else.

Any rich person and corporation that think they or it can live on a money saturated island while society decompose around them are insane and will suffer a Louis XIV fate. Societies have a way of forcing balance, if the rich takes almost all wealth, they will likely be eliminated or forced to give up their wealth in return for their lives - history says the wealth will be redistributed after a tortuous process of violence and numerous attempts at setting up a government.