Thursday, October 6, 2011

OWS

Repost from comments under this online CNN article:

According to the I.R.S.;

There are 235,413 persons earning $1,000,000.00 or more a year.

8,274 earning $10,000,000.00 a year or more.

1,470 worth $100,000,000.00 or more.

959 billionaires.

These people own 80% of all publicly traded stock and make 40% of all the money annually.

...and half of the United States doesn't earn enough income to pay taxes. 1 in 3 children live in poverty. 1 in 6 adults live in poverty. 40% of households are receiving some form of government assistance. 46 million adults are on food stamps.

308 million people never get bailed out when they make a bet and it doesn't pay off.

308 million people don't get loans directly from the Federal Reserve.

308 million people don't get free health care, guaranteed pensions, government backed insurance on business deals, government back loan guarantees, tax subsidies, government financing, legislation protecting markets. The current Congress and Senate are the richest in the nation's history with 90% of them in the top ten percent of wealth. The news media finds nothing wrong with this, your government can't figure out what is wrong with this, the rich feel like they deserve free tax payer bail outs, loans, guarantees because that is what capitalism is...free money for those who already have more than they will ever need. America has failed as a democracy

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