The Walton family control $145 billion in personal wealth, an amount equivalent to the bottom 42 percent of all Americans. Their employees, meanwhile, depend on food banks and taxpayer-funded welfare programs to survive.
The Walton family, better known as the Walmart heirs, have invested millions in trying to privatize Los Angeles public schools; perhaps the true culprit of the sequester is President Obama; meanwhile, the former pope’s resignation can be seen as a sound surrender rather than a cowardly abdication. These discoveries and more after the jump.
The six members of the Walton family featured on Forbes’ list of the 400 wealthiest Americans have a combined net worth today of $102.7 billion—more than the bottom 40 percent of American families combined.
Last time on Truthdig Radio in association with KPFK: Juan Cole’s informed comment on developments in Damascus; Wal-Mart owns America; Internet hypochondria; Comic-Con culture clash; and unbundling education.
Last time on Truthdig Radio in association with KPFK: Juan Cole’s informed comment on developments in Damascus; Wal-Mart owns America; Internet hypochondria; Comic Con culture clash, and unbundling education.