- By sitting on their growing investments, the RICHEST 5 AMERICANS made almost $7 billion each in 1 year. That’s $3,500,000.00 per hour. The minimum wage for those working for tips is $2.13 per hour.
- The combined net worthof the world’s 250 richest individuals is more than the total annual living expenses of HALF of the WORLD’s POPULATION
- Until the 1970s U.S. households had virtually NO DEBT. Now the total is $ 13 TRILLION, which averages out to $100,000 per American family.
- William Randall stole $80 with a credit card, then passed a bad check for $24, then refused to return $120 for a repair job gone bad. He got life in prison. Christopher is facing over 80 years in prison for selling medical marijuana in Montana, a state which allows medical marijuana. Patricia Spottedcrow got 12 years for a $31 marijuana sale, and has seen her children only twice in the past two years. BUT HSBC, a Bank, was described by a U.S. Senate report as having “exposed the U.S. financial system to ‘a wide array of money laundering, drug trafficking, and terrorist financing’” in their dealings with the Sinaloa cartel, which is considered the deadliest drug gang in the world. HSBC was fined four weeks’ profit
Aren’t you happy you’re free? Free to be rich, free to inherit fortunes, free of taxes, free to own stocks & bonds . . .
What’s that you say, Bunkie? You’re not rich, your ol’ man doesn’t have a cent for you to inherit, you work to pay your taxes, and you don’t have the money to buy stocks? Well, Bunkie, then you’re NOT free! So when the PR flacks for the Banks & Corporations start slinging the B.S. about FREEDOM just remember it’s not your freedom they’re praising.
SOURCE: Paul Buchheit, “The Extremist Cult of Capitalism” COMMON DREAMS (January 21, 2013)