Archive | 1:01 am

Walton$ Mountain

14 May

Today on the internet I saw a list posted by Forbes Magazine of the 5 richest women in the United States. The top 2 were Christy Walton and Alice Walton of the Walton family and Wal-Mart fame. Christy’s brother-in laws (Alice’s brothers) Jim and S. Robson, are also quite wealthy and together they are numbers 6,7,8 and 9 on the top 10 list of the richest people in America. All together they have over 107 billion dollars between them.

Isn’t it amazing that a company whose employees are mostly poor and whose shoppers are mostly poor creates enough wealth to produce 4 of the 10 richest people in America?

In fact Wal-Mart CEO Michael Duke’s (not a member of the family…too poor) earns about $20 million a year, or about 9,615 dollars an hour. Which when you think about it is only about 9,606 dollars more per hour than your average Wal-Mart employee who makes around $8.75 an hour and who would gross about $13,650 a year. So Mr. Duke earns about as much as 1,465 of his employees put together.

On the other hand, the 4 richest Walton’s earn more than 7.8 million of their employees put together…but that’s OK because Wal-Mart only employs about 1.5 million Americans…so there is still plenty of Wal-Mart work to be done. Yet just to be fair, that is a lot of employees and Wal-Mart does pay its taxes…but still…

There are many ways to make one’s fortune in this world, and building one on the backs of the poor is still the best way to make the biggest ones possible. And why is that? Because…

On an interesting and ironic side note, if you Google “The Waltons” you’ll see a list featuring the story of John-Boy and all of his favorite relatives who live with him in Walton’s Mountain, a fictitious television town in rural Virginia. If you watched this show then you learned about how a very large and extended family could ┬álive happily together during the great depression in the United States even though they were poor and didn’t have much money… and yet they had a town and a mountain named after them….go figure.

But of course in America art imitates life almost every day…on television.

GRACEFIFTEENTEN

Unleashing the beauty of creativity

mvschulze

Stream of Thought observations, images, and more

SARAH THE GARDENER

Real Gardening in my Real Garden

My Life As A Wife

Have I Lost My Mind?

Amber Evergreen

Elite Submissive Companion in Scotland

When Life Hands You Lemons...

Figuring life out, one post at a time.

Mono Girl

Life Beyond Tired

Pen of Contention

Giving ink to life's little annoyances...

Budget Abode

home is where the heart is, but it doesn't have to break the budget. Here's to pinching pennies and DIY-ing our way to a happy home (and heavy wallet).

Not All Who Wander Are Lost

Travel the world, one trip at a time

The Floating Thoughts

thoughts of yours & thoughts of ours...would create an unforgettable memoir !!!

Offering CrossFit SEO Services

Relentlessly Pursuing Excellence in CrossFit & In Life

The Mouse's Soapbox

observations from a certain, unique perspective - especially, these days, about dating

dancingnomads

Travelling the world and dancing

ruminationville

a gated community for the overthinker

Southern Georgia Bunny

Adventures of an Southern Bunny everything from dating, sex, life and shake your head moments.

%d bloggers like this: