Yachts or Jobs?

budget imagesThe three biggest banks to exit the government’s TARP program — Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.’s investment bank — “are set to pay record bonuses this year,” totaling $29.7 billion.  Meanwhile, 7.3 million people have lost their jobs since the current Depression began in December, 2007, on George W. Bush's watch.  If just the bonuses from those three banks were instead handed off to the 7.3 million people who have lost their jobs, it would be about $5000 per person to help them get by.  Instead it'll go into yachts and Swiss bank accounts.

Comments

Patricia (not verified) 16 years 22 weeks ago
#1

Need the spice that Thom talked about on Thursday concerning a possible cancer cure. I think he said cuminder? Got the correct spelling anyone?

louise (not verified) 16 years 22 weeks ago
#2

It was tumeric

Thom's Blog Is On the Move

Hello All

Thom's blog in this space and moving to a new home.

Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.

From Cracking the Code:
"In Cracking the Code, Thom Hartmann, America’s most popular, informed, and articulate progressive talk show host and political analyst, tells us what makes humans vulnerable to unscrupulous propagandists and what we can do about it. It is essential reading for all Americans who are fed up with right-wing extremists manipulating our minds and politics to promote agendas contrary to our core values and interests."
David C. Korten, author of The Great Turning: From Empire to Earth Community and When Corporations Rule the World and board chair of YES! magazine
From Screwed:
"Once again, Thom Hartmann hits the bull’s eye with a much needed exposé of the so-called ‘free market.’ Anyone concerned about the future of our nation needs to read Screwed now."
Michael Toms, Founding President, New Dimensions World Broadcasting Network and author of A Time For Choices: Deep Dialogues for Deep Democracy
From Screwed:
"Hartmann speaks with the straight talking clarity and brilliance of a modern day Tom Paine as he exposes the intentional and systematic destruction of America’s middle class by an alliance of political con artists and outlines a program to restore it. This is Hartmann at his best. Essential reading for those interested in restoring the institution that made America the envy of the world."
David C. Korten, author of The Great Turning and When Corporations Rule the World