Monday, July 15, 2013

Charles Koch, Have You No Shame?

Charles Koch suggests through a recently released commercial by his Foundation that an annual income of $34,000 puts a worker among the wealthiest 1% in the world. And when you take in consideration Afghanistan and other countries that are at the hell hole of modern civilization, he is right. The truth however is that with $34,000 a year a family of three would not be able to survive even in the poorest neighborhood in the US. According to Economic Policy Institute, a family of three needs an income of $45,000 a year just to cover their basic needs in Simpson County, Miss—the lowest cost county in the US.

So why is Charles forwarding this deceptive information on the TV? He wants to tell the US taxpayers that Americans don't need things like food stamps, and the minimum wage limits. Charles Koch told the Wichita Eagle of Kansas last week that the “minimum wage is just one of the items that need to be removed.” Earning the $7.25 national minimum wage, a family of two earners can make only $30,000 a year.

According to Bloomberg Charles Koch's wealth is about $43.4 billion. My question to Charles is when is he going to give away his $43 billion? The remaining half a billion will keep him among the 1% for rest of his life.

The greed of a few Kochs has made rest of this country poor. They have twisted the rule books bribing corrupt politicians, but they are not happy. Now they want to snatch food from the children and the elderly who can’t fight back. 400 of them own half of the US and they will not stop till they own the other half, turning the rest into serbs and peons.