Monday, June 24, 2013

Middle Class is being RIPPED OFF by CORPORTATIONS AND THE 15 WEALTHIEST!

2. Some individuals make enough in two seconds to pay a SNAP recipient's food bill for an entire year.
Americans Bill Gates, Warren Buffett, Larry Ellison, two Kochs, and four Waltons made an average of $6 billion each from their stocks and other investments in 2012. A $6 billion per year person makes enough in two seconds (based on a 40-hour work-week) to pay a year's worth of benefits to the average SNAP recipient. Just 20 Americans made as much from their 2012 investments as the entire SNAP budget for 47 million people.
Capitalism encourages an individual to make as much money as possible, even without producing anything. Most Americans accept that. But questions should be raised about a system that allows the yearlong needs of a hungry person to flash by in two seconds of an investor's life.

http://www.alternet.org/hard-times-usa/6-facts-about-hunger-demonstrate-shameful-excesses-american-capitalism

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