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xchrom

(108,903 posts)
Tue Jan 28, 2014, 07:43 AM Jan 2014

wreak havoc, rob a bank, get a bonus: class warfare unmasked

http://www.nationofchange.org/wreak-havoc-rob-bank-get-bonus-class-warfare-unmasked-1390832321

***SNIP



To understand what it means consider that the decision to give Dimon a multimillion dollar raise comes at a time when:

1. The minimum wage in this country is a mingy $7.25; it was set in 2009 and many right-wing Republicans, business leaders and libertarians advocate abolishing it.

2. The top one-tenth of one percent who make an average of $23.8 million per household have taken the lion's share of the nation's economic growth over the past 30 years; the average income for 90 percent of U.S. households is $31,244.

3. Not one bank has been taken to trial for its role in bringing about the 2008 financial calamity that disrupted the lives of millions of Americans; indeed, Jamie Dimon points to the fact that the bank he heads AVOIDED going to trial by negotiating a settlement with the Justice Department as evidence of his stellar leadership.

4. According to a 2013 American Civil Liberties Union (ACLU) study, more than 3,200 prisoners are without parole for nonviolent serving life sentences offenses, including siphoning gas from a truck and shoplifting belts from a department store.

5. "In the 2010 campaign cycle, people and political action committees associated with banks gave more than $18.8 million to federal candidates, committees and parties through November 2010." JPMorgan alone contributed the tidy sum of $671,221 to its favorite candidates and campaigns in 2010. The American Bankers Association chipped in almost a cool million ($919,150).
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wreak havoc, rob a bank, get a bonus: class warfare unmasked (Original Post) xchrom Jan 2014 OP
Woody Guthrie said it well Tanuki Jan 2014 #1

Tanuki

(14,918 posts)
1. Woody Guthrie said it well
Tue Jan 28, 2014, 07:52 AM
Jan 2014


http://www.woodyguthrie.org/Lyrics/Pretty_Boy_Floyd.htm

...."Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen.

And as through your life you travel,
Yes, as through your life you roam,
You won't never see an outlaw
Drive a family from their home.'
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