Article from well known hedge fund manager Paul Tudor Jones about the poverty in the US. The richest country in the world has 47,000,000 Americans living on food stamps, simply unbelievable.
Link: http://www.absolutereturn-alpha.com/Article/2944827/Blogs/Paul-Tudor-Jones-I-have-had-trouble-sleeping-this-year.html?ArticleId=2944827
Huh! It sounds unbelievable. The figure might be exaggerated but it still shows the disparity among the rich and the poor. I am now curious how much the US bankers had robbed from US citizens and the world.Is there any link that provide us a rough figure?
ReplyDeleteI have seen other estimates of tens of millions people on stamps, so it might be a roughly right number.
ReplyDeleteFor the amount robbed by bankers, this article (from Bloomberg, they have chased the information for a long time, not many others followed up on it) gives some indications, the exact amount will never be known I am afraid:
http://cgmalaysia.blogspot.com/2011/11/largest-bailout-in-us-kept-secret.html
Does America still issue new Green Cards?
ReplyDeleteIf so this obviously means that those 47m have been declared too stupid to do any useful work and should be lucky enough to even be kept alive.