12 April 2014

8 Things Mainstream Media Doesn't Have the Courage to Tell You

By Paul Buchheit

April 6, 2014 | The following are all relevant, fact-based issues, the "hard news" stories that the media has a responsibility to report. But the business-oriented press generally avoids them.

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 [3].

2. Eight Rich Americans Made More Than 3.6 Million Minimum Wage Workers
A recent report [4] 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 [5] such workers, and their total (combined) 2013 earnings is less than the 2013 stock market gains of just eight Americans [6], all of whom take [7] more than their share from society: the four Waltons, the two Kochs, Bill Gates, and Warren Buffett.


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