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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (755013)11/28/2013 3:11:04 PM
From: bentway  Read Replies (2) of 1578689
 
Bernie Sanders on Walmart:

"Now what is particularly outrageous about the Wal-Mart business model is that the Walton family that owns Wal-Mart is the wealthiest family in this country The six heirs of Sam Walton are worth about, I believe, over $100 billion. Which is more wealth than the bottom 40 percent of the American people, interestingly. And what is quite amazing is that one of the reasons this family has become so wealthy is that the taxpayers of the United States provide more welfare to the Walton family than any family in America. So that - when you have workers in Wal-Mart who in order to feed their families have got to go on food stamps, have got to go on Medicaid to get their healthcare, have got to live in government-subsidized affordable housing in order to have a roof over their heads - what that dynamic is, essentially, is that the United States, that the taxpayers of this country are in partnership with the Walton family. The Walton family makes all of the money - the wealthiest family in America - while the taxpayers have to subsidize the low-paid employees. And that to me is totally absurd."
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