Some people have to shop at Wal-Mart

[JDPriestly]

47. Walton Wealth

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

. . . .
Allegretto found that in 2007, the wealth held by the six Waltons was equal to that of the bottom 30.5 percent of families in the U.S. In 2010, the Waltons’ share equaled the entire bottom 41.5 percent of families.

That 41.5 percent represents nearly 49 million families, notes Josh Bivens at the left-leaning Economic Policy Institute. While median family wealth fell by 38.8 percent, Bivens wrote, the wealth of the Walton family members rose from $73.3 billion in 2007 to $89.5 billion in 2010, or about 22 percent growth.

http://www.politifact.com/truth-o-meter/statements/2012/jul/31/bernie-s/sanders-says-walmart-heirs-own-more-wealth-bottom-/

The Waltons' wealth has grown since 2010 I should think.

This is incredibly deplorable although we must remember that much of their wealth is probably in Walmart stock and includes the value of the many, many Walmart properties.

My mother's hometown has just been ruined by Walmart. Nice little shops downtown are gone. You have to buy your shoes from the pitiful choices at Walmart unless you can drive pretty far.

I traveled in Eastern Europe before 1988. Small town Americans' choices in shopping really aren't much better than those of people living in Communist countries were. There is more color in the products sold at Walmart but the quality??? When I have shopped with my mother, I have found the selection to be extraordinarily limited.