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View Diary: Walmart is downplaying it, but Black Friday protests were historic (56 comments)

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  •  They could close their doors tomorrow, the (4+ / 0-)

    actual owners, the Dukes, have become so wealthy, they could live off the interest on their own individual billions, forever.

    Chart: 6 Walmart Heirs Hold More Wealth Than 42% of Americans Combined

    As Josh Bivens of the Economic Policy Insitute points out, the six Walmart heirs now have more wealth than the bottom 42 percent of Americans combined, up from 30 percent in 2007. Between 2007 and 2010, the collective wealth of the six richest Waltons rose from $73 billion to $90 billion, while the wealth of the average American declined from $126,000 to $77,000 (13 million Americans have negative net worth). Here's a chart of how many average Americans it has taken over time to equal the wealth of the Waltons:
    Does anyone really think they care about those that actually made them so wealthy?

    I know I don't.

    -7.62; -5.95 The scientists of today think deeply instead of clearly. One must be sane to think clearly, but one can think deeply and be quite insane.~Tesla

    by gerrilea on Mon Nov 26, 2012 at 08:15:54 AM PST

    [ Parent ]

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