I don't know how else to look at it. Bail out's, QE, etc....after these bankster literally ran their companies into the ground tripping over each to make money the Government made them whole - with the People's resources.

Think of it as the cost of doing so being socialized via a decrease in the value of the dollar and a boost to inflation.

This is the cutting edge of of wealth concentration that really burns my bippy.

There will be no equality in the US until access for economic gain is shared equitably. This will require comprehensive campaign finance reform, as well as actually applying anti-trust and monopoly laws against the too big to fail banks, nationalizing energy companies, etc.

Obama is a disgrace.

Comments

telliottmbamsc's picture
telliottmbamsc 5 years 42 weeks ago
#1

A higher minimum wage will probably come at the cost of lower relative wages and slower wage growth to higher paid employees. Firm's effected by a higher minimum wage will seek to keep their overall total labor costs the same by offsetting the cost of othe/allr employees.

Add comment

Login or register to post comments

Come Cruise with Thom Hartmann in July 2020

Join me for an exciting Bermuda getaway aboard Oceania Cruises, the world’s leading culinary and destination-focused cruise line. Set sail on the reimagined Insignia for 7 nights beginning July 25th 2020. Take advantage of Oceania Cruises’ OLife Choice promotion, where you can choose shore excursions, a beverage package, or onboard credit – Oceania Cruises also includes Wifi! You'll also receive complimentary gratuities, a $50 onboard credit and two exclusive cocktail parties. Did I mention we are planning special onboard events with yours truly? Prices start at $1199.

Reserve your stateroom today by contacting Keene Luxury Travel, and mention the Thom Hartmann Group 800.856.1155

or go to https://www.keeneluxurytravel.com/th-bermuda/default.asp

We Know How Far Trump Will Go - How Far Will Republicans Go?

Thom plus logo Colonel Vindman's testimony pretty much proves that Trump was trying to shake down Ukraine for information on Biden, and that the Republicans are doing everything they can to cover up this extortion attempt.