The wal-mart heirs... (laymen, Walmart, money, percent)

[sundrop]

Interesting information for those that understand it.

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


this is in a bit more of laymen's terms...


Daily Kos: Just 6 Walmart heirs have as much wealth as 30% of Americans

[Hot_Handz]

pretty pathetic......that's what monopolies can do for you

Still would like to know how they came to that conclusion.

[plwhit]

So frigging what....

Whawhawha she's got more then me

Whawhawha

How many Americans are like leeches and live off the top 50%???

[shiftymh]

Good for them. It's nobody's business what people's parents give them.

[Speleothem]

The poor downtrodden 30% would have
even less if it weren't for Wal Mart.

[alphamale]

Originally Posted by Chromekitty

Interesting information for those that understand it.

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


this is in a bit more of laymen's terms...


Daily Kos: Just 6 Walmart heirs have as much wealth as 30% of Americans

So what?

What percent of wealth did the roosevelts own during the early part of the twentieth century?

There have always been ultra rich.

In layman's terms.....more than you.

[Hot_Handz]

People shouldn't care about how rich they are.... but people SHOULD care about how they prevent other people from getting to that same level.

[Arus]

Originally Posted by Hot_Handz

People shouldn't care about how rich they are.... but people SHOULD care about how they prevent other people from getting to that same level.

What? Are you freaking serious?

I make a product that does the world favors, and I happen to get rich from it, and you want to PREVENT that from happening?

Its called capitalism. You should be able to make money on the fruits of your labor (or ideas). Why shouldn't I be able to get rich from something I do?

[alphamale]

Originally Posted by Hot_Handz

People shouldn't care about how rich they are.... but people SHOULD care about how they prevent other people from getting to that same level.

How do they prevent you from getting to their level?

[Hot_Handz]

Originally Posted by Arus

What? Are you freaking serious?

I make a product that does the world favors, and I happen to get rich from it, and you want to PREVENT that from happening?

YES! If I can improve your product, service and supply customer demand more efficiently...I have every right to enter the market to do so.

Its called capitalism. You should be able to make money on the fruits of your labor (or ideas). Why shouldn't I be able to get rich from something I do?

Preventing from other entities from getting into the market is not Capitalism...it's Crony Capitalism and they are two different planets.