Thanks to Donna Albert for sending me a link to this video that is running on Grist among other places. It’s an interesting and entertaining piece on global distribution of wealth.
“The top five U.S. banks paid staff a combined $119 billion for 2010, according to bank consolidated income statements.” from this Reuters article: Compensation seen rising among bankers: poll. Add in Goldman Sachs and the compensation comes to about $140 billion. According to Dollars&Sense Wall Street financiers received $20.8 billion in bonuses last year on […]
Unions can go bad, (think Tony Boyle of the UMW) but the unions gave us the weekend, the eight hour day and ended child labor in this country. Unions have clearly lost power in the past 60 years and I hope they have bottomed out and are about to make a resurgence. I am a […]