8 Plutocrats out-earned 3.6 mn Working Poor & 7 Other Headlines You won’t see in MSM

[unhappycamper]

http://www.juancole.com/2014/04/plutocrats-working-headlines.html

8 Plutocrats out-earned 3.6 mn Working Poor & 7 Other Headlines You won’t see in MSM
By Juan Cole | Apr. 13, 2014
(By Paul Buchheit)

~snip~

1. U.S. Wealth Up $34 Trillion Since Recession. 93% of You Got Almost None of It.

That's an average of $100,000 for every American. But the people who already own most of the stocks took almost all of it. For them, the average gain was well over a million dollars — tax-free as long as they don't cash it in. Details available here.

2. Eight Rich Americans Made More Than 3.6 Million Minimum Wage Workers

A recent report stated that no full-time minimum wage worker in the U.S. can afford a one-bedroom or two-bedroom rental at fair market rent. There are 3.6 million such workers, and their total (combined) 2013 earnings is less than the 2013 stock market gains of just eight Americans, all of whom take more than their share from society: the four Waltons, the two Kochs, Bill Gates, and Warren Buffett.

[Sanity Claws]

1. Let's use a word other than "earn" to describe the money plutocrats receive

I think "took" or more neutral "received" should be used, not "earned."

They rigged a system so that they get more out of joint efforts of workers than they really earned, while they deny a living wage to many who work at the lower levels of the corporation.

They divvied up the pie in their own favor, with no understanding or appreciation of what others did to create the pie.