August 17, 2013

Corporate Profits Soar, But Republicans Refuse To Raise Minimum Wage

We know corporate profits are hitting all-time highs, yet here we are having a debate with the protectors of corporate wealth over raising the minimum wage. I feel like responding to these people like Neo responded to Agent Smith in The Matrix. “Yeah, well that sounds like a really good deal. But I think I’ve got a better one. How about…I give you the finger, and you give us a fair wage.” — Wait, I’m getting reports that I might not have gotten that exactly right. Seems I was off a smidgen. Maybe “the finger” part. Two fingers?

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February 4, 2013

UK Takes On ‘Too Big To Fail’ Banks

There is no political will in the United States to do what’s necessary to make sure we don’t see a repeat of the 2008 financial meltdown. The reason might be more complex, but at the root of it is this: money in politics. Our elected officials are beholden to the banks, not the citizens. Across the pond, some are showing the political courage necessary to stabilize the financial system, and make it more amiable to the average person. If successful, banks in the UK will no longer be able to gamble with customer deposits. No longer will banks lean on taxpayer bailouts to hedge against unnecessary risk.

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