Shrewd business really

Submitted by PCMadness (New Zealand), Mar 4, 2006 at 23:11

"Also how about 95% of the American wealth controlled by les than 1.?% of the population??
25 Million homeless without a welfare check!! Is the USA following the model of India or vice versa!! freedom of sleeping in the street not freedom of the speech.."

I don't deny this but name one Middle Eastern country that is any different. In fact the percentage is probably nearer 99% of the wealth is controlled 0.1% of the population.

The oil won't last foreve, probably less than 50 years, which is why rich arabs are buying into sustainable western businesses. Quite a shrewd business move really. If they don't, the whole arab house of cards could come tumbling down.

As for welfare system, you're over simplifying the issue. Of 298,235,121 people in the USA "An estimated 3.5 million people are likely to experience homelessness in a given year, the Urban Institute reports. People remained homeless for an average of six months". Many of whom are not on the streets but in missions etc.

http://www.usatoday.com/money/economy/2003-08-11-homeless_x.htm

I'm not sure where you got 25 million from.

---

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".