Hi Everybody! http://www.alternet.org/workplace/100491/trickle-up:_what_a_progressive_bailout_would_look_like/?page=entire
or http://tinyurl.com/473ms9 "We'd bail out homeowners whose mortgages are on the bubble, and by doing so, we'd the cash we were injecting into the economy would trickle up to ailing financial institutions." "Another cause of the recession, one that few are discussing, is that wages for all but the top earners haven't kept up with the real cost of inflation, including healthcare, energy, food and education, and that's impacted not only people's ability to make their mortgage payments, but also their consumer spending. So we'd also pass measures to "flatten" the economy -- raising the minimum wage to a living wage, enforcing it, and limiting the amount of executive pay firms could write off to, say 50 times what the lowest wage-slave was making (this isn't some radical notion, it'd simply be a return to normalcy -- in the early 1980s, before our corporate execs started making rock star money, top CEOs took home 30 to 40 times what their workers were making; last year they grabbed 344 times as much as their workers, according to the annual report)." How many times have I suggested 200x? Pretty sure no one will ever listen to this, though. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
