Blog Flux Directory Subscribe in NewsGator Online Subscribe with Bloglines http://www.wikio.com Blog directory
And, yes, I DO take it personally: Hard-core greed porn: $145B Wall Street payout - 18% MORE than last year
Mandy: Great blog!
Mark: Thanks to all the contributors on this blog. When I want to get information on the events that really matter, I come here.
Penny: I'm glad I found your blog (from a comment on Think Progress), it's comprehensive and very insightful.
Eric: Nice site....I enjoyed it and will be back.
nora kelly: I enjoy your site. Keep it up! I particularly like your insights on Latin America.
Alison: Loquacious as ever with a touch of elegance -- & right on target as usual!
"Everybody's worried about stopping terrorism. Well, there's a really easy way: stop participating in it."
- Noam Chomsky
Send tips and other comments to: profmarcus2010@yahoo.com /* ---- overrides for post page ---- */ .post { padding: 0; border: none; }

Friday, January 15, 2010

Hard-core greed porn: $145B Wall Street payout - 18% MORE than last year

obscenity rises to new heights...
In 1964, Justice Potter Stewart tried to explain "hard-core" pornography, or what is obscene, by saying, "I shall not today attempt further to define the kinds of material I understand to be embraced . . . [b]ut I know it when I see it . . . "

well, see THIS...
Wall Street’s payout for 2009: $145 billion

If you still needed statistical proof that the folks on Wall Street have become entirely detached from reality in the wake of the massive taxpayer-funded bailout of their colossal mistakes, here it is.

The 38 largest financial institutions on Wall Street will pay out a total of $145.85 billion in compensation for 2009, an 18 percent increase over 2008 and "slightly more than in the record year of 2007," the Wall Street Journal reports.

(By "slightly," the Journal means a 6 percent increase over 2007, amounting to some $8 billion.)

Contrast this with the state of affairs on Main Street, where average earnings increased 2.2 percent in 2009 -- and that number excludes the 7 million jobs lost since the recession began.


over 1 BILLION people around the world don't get enough to eat... innocents are being slaughtered in afghanistan and pakistan... many tens of thousands are dead or dying in haiti... yet our super-rich elites continue to bleed the world of its riches for their own coffers... every day i say to myself, this cannot stand, and every day it continues to stand...

Labels: , , , , , , , , , ,

Submit To Propeller


And, yes, I DO take it personally home page