Thursday, December 06, 2007

America, Land of 371 Billionaires and 3.5 Million Homeless

Homeless in Paradise

Counterpunch, December 3, 2007

By STEPHEN FLEISCHMAN

In the United States of America, the greatest country in the world, as many as three and a half million people experience homelessness in a given year (1% of the entire US population or 10% of its poor) and of that, 1.37 million (or 39%) are children under the age of 18.

The total number of billionaires in the world is 793 with 371 of them being in the United States of America, that's about 322 more than there were 20 years ago.

If it can be said that people with money and power run the world, then 1% of America's wealthiest and most powerful run America behind a façade of democracy. The façade is coming apart and the true nature of this government is plain to see.

After four years of a useless war, costing Americans their lives and treasury, and enriching the multitude of corporate entities slurping up billions at the Iraqi trough, we have allowed the new robber barons, Bush and his crony capitalist friends to continue conning us out of house and home, our country. Our constitution is in shreds and our economy is about to crash. Don't let any of the Wall Street freaks try to fool you. They're as scared as we are.

Keep reading . . .

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