Daily Archives: 5 August 2014

Israeli official calls for concentration camps in Gaza

An Israeli official has called for concentration camps in Gaza and ‘the conquest of the entire Gaza Strip, and annihilation of all fighting forces and their supporters’.

Moshe Feiglin, Deputy Speaker of the Israeli Knesset and member of Prime Minister Benjamin Netanyahu’s ruling Likud Party, posted the inflammatory message on his Facebook page at the weekend.

He lays out a detailed plan for the destruction of Gaza – which includes shipping its residents across the world – in a letter he addressed to the Israeli Prime Minister Benjamin Netanyahu.

The message, which received more than 2,000 likes on his page, lists four action points which he wants to be enforced as soon as possible.

Read more: www.dailymail.co.uk/news/article-2715466/Israeli-official-calls-concentration-camps-Gaza-conquest-entire-Gaza-Strip-annihilation-fighting-forces-supporters.html#ixzz39Ylce7PF
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www.dailymail.co.uk/news/article-2715466/Israeli-official-calls-concentration-camps-Gaza-conquest-entire-Gaza-Strip-annihilation-fighting-forces-supporters.html

How did superrich Americans become superrich Americans? (they took a risk)

Of the Forbes 400 from 1987, 327 people have dropped off the list. Of the remaining 73 people, those with the highest annual rates of return are generally self-made entrepreneurs and investors—not heirs—with an average annual real rate of return of 5.6 percent over the last 26 years.

– The rate of return for the Forbes 400 as a whole, 2.4 percent, is roughly equal to Piketty’s estimated returns for the entire population.

– Wealth today is largely generated by entrepreneurial skill, with the number of entrepreneurs on the Forbes 400 list rising from 40 percent in 1982 to *****69 percent in 2011*****.

– The role of inheritance has diminished over the last generation; the share of the Forbes 400 that grew up wealthy has fallen from 60 percent in 1982 to 32 percent today.

www.aei-ideas.org/2014/08/how-did-superrich-americans-become-superrich-americans/