Walmart Heirs Worth Same Amount As Bottom 30 Percent Of Americans In 2007: Analysis

Fri, 09 Dec 2011 13:43:39 +0000

The six children of Walmart's founders, Sam and James "Bud" Walton, had the same net worth in 2007 as the entire bottom 30 percent of American earners, according to an analysis from Sylvia Allegretto, a labor economist at University of California-Berkeley's Center on Wage and Employment Dynamics.

Tags: #economy #politics #walmart #wealthinequality #wtf

America Occupies Wall Street Because Wall Street Occupies America

Tue, 22 Nov 2011 18:20:15 +0000

Why New York's Zuccotti Park is filled with people is no mystery. Reporters keep scratching their heads and asking: "Why are you here?" But it's clear they are occupying Wall Street because Wall Street has occupied the country. And that's why in public places across the country workaday Americans are standing up in solidarity. Did you see the sign a woman was carrying at a fraternal march in Iowa the other day? It read: "I can't afford to buy a politician so I bought this sign."

Tags: #journalism #occupy #ows #politics #wealthinequality

links.lmorchard.com - #wealthinequality

Walmart Heirs Worth Same Amount As Bottom 30 Percent Of Americans In 2007: Analysis

America Occupies Wall Street Because Wall Street Occupies America