Kamis, 15 Desember 2011

THE FILTHY RICH WALTONS

No, we’re not talking about that television Walton clan who were poor and fictional

These are America’s redneck version of nouveau rich, they are the hicks of the upper crust, I think that they have absolutely no purpose in life other than to exploit the lower classes and multiply their fortunes.

Arguably the largest employer in the U.S. they are by most accounts also the worst employer. They pay their employees embarrassingly low salaries without paid vacations or any kind of benefits. Health insurance is something they haven’t even read about and their heart is in the wrong place…because not one single one of that family has ever been generous or gotten involved in any noble cause.

What they do have is an uncanny affinity for ultra-right wing conservative causes and when it comes to making contributions to these as well as homophobic hate groups they don’t display the same attachment to their fortune.

I just thought you should know that in my book they rate among the least patriotic and least decent of the wealthy Americans and have to be right there to contest first place with the infamous Koch brothers.

Their wealth is so vast that it could easily qualify them as repugnant 1% trash. I have been carrying on my own private boycott of Wal-Mart for years for that and many other reasons and you should refuse to buy anything there also if you love our country.

It is interesting to know that 6 Members of Walton Family Have More Money than 30% of all Americans


There's been a constant stream of headlines about the widening gap between rich and poor for months now, but this latest one is pretty remarkable.

December 8, 2011 |

There’s been a
constant stream of headlines about the widening gap between rich and poor for months now, but this is pretty remarkable: Just six members of the Walton family, heirs to the Wal-Mart fortune, possess wealth equal to that of the entire bottom 30 percent of Americans.

That’s according to a new
analysis by Sylvia Allegretto, a labor economist at the University of California at Berkeley’s Center on Wage and Employment Dynamics.


The calculation is based on data from 2007, the most recent round of the Federal Reserve Board’s Survey of Consumer Finances, which
measures the net worth of Americans. (The extensive survey is performed once every three years, and the 2010 edition is expected to be released next year.)

Allegretto then compared those numbers to the net worth of the six members of the Walton clan as reported on the Forbes 400 list in 2007. They are all children or children-in-law of the founders of Wal-Mart. Their total net worth that year: $69.7 billion.

That’s equal to the wealth of the poorest 30 percent of all Americans, according to Allegretto’s calculations.

One of those Waltons, by the way, is Alice, whose effort to create a world-class museum in Arkansas by purchasing hundreds of millions of dollars of art was recently
profiled in the New Yorker. More information on the other Waltons is available at Forbes.

(Via
Doug Henwood)

Source:
Alternet.org

Justin Elliott is a Salon reporter. Reach him by email at jelliott@salon.com and follow him on Twitter @ElliottJustin.

SOURCE: http://graygaythoughts.blogspot.com/

http://logoshistory.blogspot.com/2011/01/all-walmart-logos.html

http://www.southdacola.com/blog/2009/08/the-sf-next-logo-sunbeams-strangely-looks-like-new-walmart-logo/

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