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.


telliottmbamsc's picture
telliottmbamsc 5 years 42 weeks ago

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.

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