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Walmart- America's Biggest Employer and Biggest Fleecer of Healthcare Tax Dollars


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#1 riseabovethought

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Posted 06 August 2016 - 11:02 AM

6 Walmart Heirs Worth Same as Bottom 41% of US
Their combined worth is $89.5 billion
 
892737-13-20160117051237.jpeg
 
Jim Walton, left, Alice Walton, center, and Robson Walton, right, greet each other during the beginning of the Walmart shareholders meeting in Fayetteville, Ark., Friday, June 1, 2012.   (AP Photo/April L. Brown)

(NEWSER) – Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute calculates that in 2010, six members of the Walton family were together worth $89.5 billion. That amount of wealth is equal to the total value held by a staggering 48.8 million US households.

In 2007, the six inheritors—who are the children of Walmart founders Sam and James Walton—boasted riches equal to the bottom 30% of Americans. But their assets have ballooned in value in the intervening three years. "It's just one example of the prevalence of income inequality in America," writes the Huffington Post. "The top 1% of American earners saw their incomes spike 275% between 1979 and 2007, while the bottom one-fifth of Americans saw their wealth grow by only 20%."

 


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#2 riseabovethought

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Posted 06 August 2016 - 11:34 AM

Im sure you already saw this, but I guess i just cant believe how brazen they are-

and we allow it and it horrifies us and we allow all of it and more...

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#3 Alder Logs

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Posted 06 August 2016 - 11:40 AM

What does the right have to say about the Walton daughter giving six digit donations to Hillary?

 

http://reason.com/ar...lintons-walmart



#4 riseabovethought

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Posted 06 August 2016 - 11:49 AM

How many Mom & Pop stores have been crushed like bugs in how many communities across 'Merica?

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#5 niemandgeist

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Posted 06 August 2016 - 12:24 PM

It's pretty sad. How much is enough for you to earn already, you know? Geeze.



#6 Juthro

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Posted 06 August 2016 - 12:59 PM

Is it time to burn it all down yet?

I've got some matches......

#7 riseabovethought

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Posted 06 August 2016 - 01:19 PM

What does the right have to say about the Walton daughter giving six digit donations to Hillary?

 

http://reason.com/ar...lintons-walmart

 

The Koch brothers are supporting her too.  Our super-rich owners have chosen their lackey.  What a pipe dream this whole fiasco is.  I dunno- but the line between right and left is blurring- thats for sure.  


Edited by riseabovethought, 06 August 2016 - 01:36 PM.


#8 Heirloom

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Posted 06 August 2016 - 02:26 PM

Take away the labels Like democrat /republican  and they are hard to tell apart

Are the elections even legitimate or rigged ?

To have an honest election we must take away the money .

Is this what the saying "going to hell in a hand basket" means or "the road to hell is paved with good intentions"

burn it down set the polluted rivers on fire



#9 Alder Logs

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Posted 06 August 2016 - 02:53 PM

I think voting and the chance that the vote will be the best one to make is not different than any bet one might think of.    The arrogance of pretended political astuteness produces votes on all sides.   If one actually comes to a realization that the realities cannot be known as any singular truth, would not inaction be the proper action?  

 

I may choose to remain still, to watch and wait.  Even the blameless will be blamed.



#10 riseabovethought

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Posted 08 August 2016 - 01:45 PM

If Walmart owners- the Walton family is the richest family in the world, and that happened in large part over the past decade, due to buying things cheap from China (not by making anything) and selling them back to us- mostly our middle class, effectively taking the entirety of the middle class' money; transferring wealth from a once thriving middle class to a single family paying their workers as little as possible (America's single largest employer)... I mean- its hard to blame anyone but ourselves, since we willingly gave them our money instead of buying things from China ourselves, through the internet.  

 

It is deeply profound that one family took half of the world's richest nation's wealth, eliminating the middle class...and are hoarding it.  That excess money will never be seen again, if we ever hoped it would circulate- Im here to tell you it wont be in circulation for multiple generations.  Its gone... unless they are fined heavily for monopolizing and that fine -money be re-dispersed to 'The People.'  Yeah right.


Edited by riseabovethought, 08 August 2016 - 01:48 PM.


#11 fungi2bwith

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Posted 08 August 2016 - 02:38 PM

I havent shopped at a walmart in about 5 years now.....

 

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#12 Juthro

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Posted 08 August 2016 - 04:57 PM

Lets us not forget how Sam Walton got his money to start with, his dad Thomas Walton. Who made his mark working for his brother's mortgage company, where he foreclosed on farms during the great depression.

#13 Myc

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Posted 08 August 2016 - 06:37 PM

I've talked about the Hillary connection to Wal Mart for years. It was from her example that I was able to accept the idea of a "corporatocracy". It's obvious that you cannot serve on a board and serve the people simultaneously.

 

I will vote. I'm still undecided as to how - but I will cast my vote. 

If the people stop showing up for the vote, "they" will have the excuse to stop offering it.

 

I will not support violence as a means of transition. Instead, I cling to the belief that there are only a few bad guys and eventually correctional measures will become reality. History shows that it is possible. Once, there were poor working conditions at various jobs - the Unions solved many of those woes (and created some new ones). My point is that I see room for change and I'm just waiting for this cabal of corporate pirates to get the attention they so richly deserve.

 

Women vote

I can drink from the same water fountain as everyone else

 

We just need to junk the "us and them" mentality and work more toward true equality - instead of "rights" for this group or that group.

I don't care which toilet stall you use - or in which bathroom. If ya gotta go.......ya gotta go.

I don't care who you sleep with at night or who you love..........so long as you love them with all of your being.

The color or your suit of flesh makes no difference to me. Your favorite football team has no bearing upon my existence. 

Who won the last Super Bowl anyway ?

What did that win do to alter your life ?


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#14 Alder Logs

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Posted 08 August 2016 - 07:59 PM

In 51 years of voting, I never voted for a winner in a presidential election, until 2008.   But I did that only in 2008.   I doubt I will do it again this year.   So yes, I will probably vote, but not for any lesser of two.  


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#15 August West

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Posted 08 August 2016 - 09:40 PM



What does the right have to say about the Walton daughter giving six digit donations to Hillary?

 

http://reason.com/ar...lintons-walmart

 

Or the left for that matter?

 



 



What does the right have to say about the Walton daughter giving six digit donations to Hillary?

 

http://reason.com/ar...lintons-walmart

 

The Koch brothers are supporting her too.  Our super-rich owners have chosen their lackey.  What a pipe dream this whole fiasco is.  I dunno- but the line between right and left is blurring- thats for sure.  

 

 

Blurring makes it sounds like a new phenomenon.

 

 

The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea, acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can "throw the rascals out" at any election, without leading to any profound or extensive shifts in policy.

 

Carrol Quigley (who, incidentally was Bill Clinton's mentor) wrote that in 1966 in his epic, Tragedy and Hope: A History of the World In Our Time.

 

 



In 51 years of voting, I never voted for a winner in a presidential election, until 2008.   But I did that only in 2008.   I doubt I will do it again this year.   So yes, I will probably vote, but not for any lesser of two.  

 

He's no winner ;)



#16 riseabovethought

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Posted 25 August 2016 - 12:47 PM

They arent theives if we willingly give it to them, but they dont create anything, they dont contribute to society in any meaningful way except by absorbing and concentrating and hoarding the world's wealth in their bank accounts never to be seen again.  That isnt monetary movement and commerce.  Its the end of its circulation for generations to come.  

 

Put the Koch brothers together with the Waltons and you have most of the missing middle class wealth. The Waltons and Kochs ate the whole middle class, perfectly legally, without firing a single shot, and we willingly gave it to them for shipping cheap goods here from China.  Its the largest transfer of wealth on the biggest scale, to the most concentrated few, in world human economic history.  

 

[Direct Link]


Edited by riseabovethought, 25 August 2016 - 12:49 PM.

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