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Recession a Myth, Say Absurdly Rich People

Recession a Myth, Say Absurdly Rich People

According to a survey of the top point one percent wealthiest Americans, there is no such thing as recession. Of the 300 millionaires and billionaires surveyed, only two of them said that a recession had taken place since the housing bubble burst in 2008.

“It’s classic media sensationalism,” said oil magnate Jeremiah Wallace, who was swimming in his vault of gold coins at the time of interview. “The reality is that people still have money to fuel their private jets and buy castles in the Scottish Highlands.”

A large minority of those questioned – thirty-two percent – believe that poverty is a fabrication of acquisitive non-profit and charitable organizations run amok.

“Where are all these so-called poor people?” asked retail tycoon Constance Spencer, who conducted her interview from behind the tinted window of her Rolls-Royce Phantom. “They’re not at the golf course; they’re not at the spa; they’re not even at the Ritz-Carlton. Pish posh.”

http://dailypygmy.com/?p=791

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