Why the Rich are Getting Richer by Robert Kiyosaki



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That’s capitalism. Another thing that’s happening when people’s incomes go down: they become dependent. Now, the US government tells us that poverty has been beaten in America. Maybe poverty has been beaten, but what has increased is the entitlement mentality.

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The attitude that the government and other people should take care of me. As I said, it’s a moral crisis as well as a spiritual crisis. I learned in Sunday school “Give and you shall receive,” and too many people today think they should receive. This is another crisis here: social security. Being Japanese, the Japanese call it, “Ah, social security.”

I’m a racist, I know. But anyway, I’ve met so many people my age – there are about 75 million baby boomers on the top of the baby boom chain. We expect the government to take care of us; that’s a lot of highly educated people.

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That’s a crisis. In 2002, I published this book “Rich Dad’s Prophecy.” Fourteen years later, the prediction was that in 2016, there will be a global financial crash. We’re in 2016, and here we are in 2016, you can see it coming. In the first ten years of this century, we have had three major crashes: in 2000, with the dot.com crash; followed by the 2006 real estate subprime crash; and then in 2008, the banking crash.

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The question is, “Is this next?” This is “the giant crash of 1929.” Every time I listen to those guys on CNBC- I call it bubble division – they keep talking about the “giant crash of 1929.” I tell you what: nothing compared to this one coming.

That’s why I write, and I speak, and I’m very concerned about our futures, our well-being, and the state of the economy. I’m going to talk today about why the rich are getting richer.

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“Commercial Message”, my next book coming out. But I’ll explain some of the tricks of the trade, why guys like me get richer, and everybody else is not. This is quite interesting. This is one of the reasons the rich are getting richer. These are the Bush tax cuts, the biggest tax cuts go to the top 1/10th 100%. Thank you, George. I appreciate that.

They have no morals, those guys, man, I tell you! I’m the author of the book “Rich Dad Poor Dad,” Maybe I should see a show of hands. How many have read “Rich Dad Poor Dad”? Oh, good. Some of you have. Who has not yet read the book here? Good, there are some customers out there; I can see that. As I say to the Publishers Press, I’m a best-selling author not a best-writing author. But anyway, for those who haven’t read the book “Rich Dad Poor Dad,” it’s a true story on my two dads.

The story begins when I was nine years old, growing up in a little town, a little sugar plantation town, called Hilo, Hawaii. I raised my hand in the fourth grade – and I went to a very rich, basically, all-whites school – and I said, “Mrs. Jarrell, when will I learn about money?” She said, “Why? Don’t you know the love of money is a root of all evil?”

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