Yachts or Jobs?
By Louise
The 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.
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Thom's Blog Is On the Move
By webmaster
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.
Images of Thom
At Mondragon - both the mountain and the cooperative city - in Spain (written about in "Threshold" book)
From Screwed:
"I think many of us recognize that for all but the wealthiest, life in America is getting increasingly hard. Screwed explores why, showing how this is no accidental process, but rather the product of conscious political choices, choices we can change with enough courage and commitment. Like all of Thom’s great work, it helps show us the way forward."
From The Thom Hartmann Reader:
"Through compelling personal stories, Hartmann presents a dramatic and deeply disturbing picture of humans as a profoundly troubled species. Hope lies in his inspiring vision of our enormous unrealized potential and his description of the path to its realization."
From The Thom Hartmann Reader:
"Thom Hartmann is a creative thinker and committed small-d democrat. He has dealt with a wide range of topics throughout his life, and this book provides an excellent cross section. The Thom Hartmann Reader will make people both angry and motivated to act."
Need the spice that Thom talked about on Thursday concerning a possible cancer cure. I think he said cuminder? Got the correct spelling anyone?