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) 13 years 19 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) 13 years 19 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 The Thom Hartmann Reader:
"Never one to shy away from the truth, Thom Hartmann’s collected works are inspiring, wise, and compelling. His work lights the way to a better America."
Van Jones, cofounder of RebuildTheDream.com and author of The Green Collar Economy
From Unequal Protection, 2nd Edition:
"Beneath the success and rise of American enterprise is an untold history that is antithetical to every value Americans hold dear. This is a seminal work, a godsend really, a clear message to every citizen about the need to reform our country, laws, and companies."
Paul Hawken, coauthor of Natural Capitalism and author of The Ecology of Commerce
From Cracking the Code:
"Thom Hartmann ought to be bronzed. His new book sets off from the same high plane as the last and offers explicit tools and how-to advice that will allow you to see, hear, and feel propaganda when it's directed at you and use the same techniques to refute it. His book would make a deaf-mute a better communicator. I want him on my reading table every day, and if you try one of his books, so will you."
Peter Coyote, actor and author of Sleeping Where I Fall