For the second year in a row, America's richest 14 individuals made more from their annual investments than the $80 billion provided for people in need of food. Nearly half of the food-deprived are children. Perversely, the food stamp program was CUT because of a lack of federal funding.
In a testament to the inability -- or unwillingness -- of Congress to do anything about the incessant upward re-distribution of America's wealth, the richest 14 Americans increased their wealth from $507 billion to $589 billion in ONE YEAR from their investment earnings. As stated by Forbes, "All together the 400 wealthiest Americans are worth a staggering $2.29 trillion, up $270 billion from a year ago."
The Richest 14 Made Enough Money to Hire Two Million Pre-School Teachers or Emergency Medical Technicians.
Billions of dollars of wealth, derived from years of American
productivity, have been transferred to a few financially savvy and
well-connected individuals who have spent a generation shaping trading
rules and tax laws to their own advantage. It's so inexplicably
one-sided that the 2013 investment earnings of the richest 1% of
Americans ($1.8 trillion) was more than the entire budget for Social Security ($860 billion), Medicare ($524 billion), and Medicaid ($304 billion).
taken from here
Just WHO are the producers of ALL the wealth? We, the vast majority of the world's population, the WORKERS, are! Facts and figures from this and the previous post are surely enough to convince anyone with a functioning brain that the only logical thing to do is to stop trying to tinker with it, but instead kick this whole system, root and branch, into touch and organise for a truly democratic and equitable system of socialism.
JS
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