How Can the World's Richest Country Let Children Go Hungry? 6 Tricks Corporate Elites Use to Hoard All the Wealth

America is filthy rich, but the money is hidden away by the 1 percent while poverty rises all around. December 21, 2011 “Squeezed by rising living costs, a record number of Americans, nearly 1 in 2, have fallen into poverty or are scraping by on earnings that classify them as low income." “Study: 1 in 5 American children lives in poverty." “In 2010, 17.2 million households, 14.5 percent of households (approximately one in seven), were food insecure, the highest number ever recorded in the United States.” What’s going on here? Aren't we the richest country on earth? Day in and day out we are told that if the government doesn’t tighten its belt, we’re all headed for debtor’s prison. Social Security, Medicare and Medicaid are under attack. State budgets are in disarray. Teachers and firemen are getting canned. Public services are slashed. This is the new America and we'd better get used to it, the pundits proclaim. You would think we were a poor country. But we’re not. We’re filthy rich, but the money is hidden away by the 1 percent while poverty rises all around. Here’s why. READ MORE