Saturday, June 6, 2015

Wal-Mart's Walton Family: The Beasts of Bentonville

The Walton family, which founded and today controls Wal-Mart, lives on blood money. Operating jointly with the City of London-Wall Street bankers, it became the world's wealthiest family by decimating the U.S. and world physical economies, and by applying ferocious austerity, driving wages and living standards beneath the level needed for existence. Forbes magazine places the worth of the family at greater than $100 billion.
The threat posed by the Waltons is not merely in the size of their fortune. Older monied families such as the Mellons, Rockefellers, and the corrupted Ford family fortunes have been more powerful politically and financially, as have also been the much smaller family nest-eggs of George Soros and Michael Steinhardt. But the danger today is that the Waltons, with such a storehouse of wealth available to them, will use it, for one thing, to build even more Wal-Mart stores, with even more devastating effects on the world economy! But not only that:
  • The Waltons are using their enormous leverage to carefully construct a banking empire, under tight family control.

  • They are bankrolling a vast neo-conservative political network. For example, John Walton, who is worth more than $20 billion himself, was the largest single individual contributor to Gov. Jeb Bush in the 2002 Florida gubernatorial race.

  • They are the principal financial force in the effort to privatize the public school system, through school vouchers, which would wreck public education. They would create a School-Mart. 
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  • READ MORE:http://www.larouchepub.com/other/2004/3103waltons.html

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