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POPSL’heure est venue Il y a un déséquilibre indécent entre la stagnation des salaires réels depuis plusieurs années et les bénéfices record engrangés par ceux qui administrent et possèdent les entreprises qui les paient. La crise actuelle était inévitable. Le problème est de savoir quelle réforme va permettre de mieux rémunérer les salariés, de mieux répartir la richesse mondiale pour mettre fin à l'indécence de la misère, et de mettre fin à la tendance à la concentration de la richesse. Aurons-nous le courage de prendre un virage vers plus de solidarité?
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POPS The Bailout: Will The Center Hold? The bill takes a hybrid approach, and in the case of assets bought at auction, the most severe penalties kick in only when Treasury has bought more than $300 million in assets. At that juncture, a 20 percent surtax would be imposed on rich severance packages, and in the case of highly paid executives, the company would lose its deduction for salaries above $500,000. The second compromise dealt with a Republican proposal that the government intervene in the markets, not by buying up bad assets but by providing a federally backed insurance program that might make the same mortgage-related securities more salable. House GOP leaders had warned Saturday evening that they would need to take any deal to their rank-and-file members before committing to back it. In a sign that negotiations were growing serious earlier in the evening, a Pelosi aide collected BlackBerrys from the staffers meeting in her office so that no details would leak out.
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POPSCEO pay: What those involved in the financial meltdown made
Amazing. "If George W. Bush, John McCain, or Barack Obama had any honesty and integrity, they would approach the current banking malady in much the same way that President Andrew Jackson did. In discussing the Bank Renewal bill with a delegation of bankers in 1832, Jackson said, "Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out."" ~ Chuck Baldwin, Constitution Party Presidential Candidate.
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POPSAuction bidding 'driven by fear' Interesting. My weekly experience at the horses probably makes me agree. (but I'm still getting used to living on my superannuation - considerably less than our prior combined salaries)
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POPSThe True Cost of Rewarding Greedy Bankers Note the names of some of these great institutions that rewarded greed. Note the immediate cost to UK taxpayers. I would be interested to see figures relating to the taxes of US citizens' tax bills compares. (Oh, meanwhile, Barclays in London have just guaranteed 2.5 billion dollars in bonuses and salaries to a firm called Lehmans that they just bought a bit of.)
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POPS$2.5 billion bonuses for bankrupt Lehman employees THis is obscene. Company that goes bankrupt should pay off debts to investors first before "bonuses". This is another indication of the greed that has taken over the investment and banking system. Contemplate what China does with their corrupt greedy executives.....
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POPSAnother veteran being ignored For all those who accept verbatim, the meaningless drivel from worthy charities, perhaps should take heed of what charity workers are saying. High powered executive with their enormous salaries and mammoth pensions, and comfortable offices in London, are completely out of touch with the realities of modern Britain and the strains on disabled veterans. Eddie Rawlinson is a honorary member of Blackpool Royal Marines Association and I can lay ever pfennig I ever had that not a single person from that Charity has been in touch with his family. So much for being a CHARITY. I bet their secretary does not miss a photo call on his way to becoming another toothless member of parliament.
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POPSSenate Records: Pay Equity: Obama Pay Gap? And now, here’s the interesting part. Scripps-Howard columnist Deroy Murdock took a look at the Senate staff salaries of both Barack Obama and John McCain, thanks to LegiStorm, a nonpartisan watchdog service that offers the raw data to anyone who wants to dig through it. Guess what Murdock found? Obama’s 28 male staffers divided among themselves total payroll expenditures of $1,523,120. Thus, Obama’s average male employee earned $54,397. Obama’s 30 female employees split $1,354,580 among themselves, or $45,152, on average … on average, Obama’s female staffers earn just 83 cents for every dollar his male staffers make … McCain’s payment patterns are the stuff of feminist dreams. McCain’s 17 male staffers split $916,914, thus averaging $53,936. His 25 female employees divided $1,396,958 and averaged $55,878. On average, according to these data, women in McCain’s office make $1.04 for every dollar a man makes.
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POPSBarack needs the embellishment
… as the months passed, I felt the idea of becoming an organizer slipping away from me. The company promoted me to the position of financial writer. I had my own office, my own secretary; money in the bank. Sometimes, coming out of an interview with Japanese financiers or German bond traders, I would catch my reflection in the elevator doors—see myself in a suit and tie, a briefcase in my hand—and for a split second I would imagine myself as a captain of industry, barking out orders, closing the deal, before I remembered who it was that I had told myself I wanted to be and felt pangs of guilt for my lack of resolve. If Barack was promoted, his new job responsibilities were more of the same - rewriting other people’s copy. As far as I know, he always had a small office, and the idea that he had a secretary is laughable. Only the company president had a secretary. Barack never left the office, never wore a tie, and had neither reason nor opportunity to interview Japanese financiers or
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POPSNYT: Palin hired cronies, pursued vendettas Appoints high school classmates, unqualified, to top Alaska positions. Reminds one of "You're doing a heckuva job, Brownie;" and of Dave Letterman's characterization of Bush's appointments as "No Crony Left Behind."
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POPSOnce Elected, Palin Hired Friends and Lashed Foes
Real Estate Agent as top of the State Division of Agriculture? Sounds a heckuva lot like "Your doin a fine job brownie". Of course that was when another rebubbacan, George Bush, appointed Michael Brown head of FEMA, our governments emergency response division to natural disasters and other emergencies. What was Michael Brown's qualifications? Before joining the DHS/FEMA, Brown was the Judges and Stewards Commissioner for the International Arabian Horse Association, (IAHA), from 1989-2001. After numerous lawsuits were filed against the organization over disciplinary actions , Brown was forced to resign Interviews show that Ms. Palin runs an administration that puts a premium on loyalty and secrecy. The governor and her top officials sometimes use personal e-mail accounts for state business; dozens of e-mail messages obtained by The New York Times show that her staff members studied whether that could allow them to circumvent subpoenas seeking public records. Dick Cheney anyo
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POPSThe Return of the Robber Barons Another deceit is the measure called “core inflation.” This measure of inflation excludes food and energy, two large components of the average family’s budget. Wall Street and corporations and, therefore, the media emphasize core inflation, because it holds down cost of living increases and interest rates. In the second quarter of this year, the Consumer Price Index (CPI), a more complete measure of inflation, increased at an annual rate of 5.2 per cent compared to 2.3 per cent for core inflation. An examination of how inflation is measured quickly reveals the games played to deceive the American people. Housing prices are not in the index. Instead, the rental rate of housing is used as a proxy for housing prices. More games are played with the goods and services whose prices comprise the weighted market basket used to estimate inflation. If beef prices rise, for example, the index shifts toward lower priced chicken.
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POPSJohn McCain is in New Jersey Today. Half of NJ's National Guard Isn't
When John McCain is in New Jersey today, we urge him to address the thousands of families that have been affected by this deployment and describe the relief he would provide them as President. In addition, VFA had been repeatedly contacted by NJ Guard members and other servicemembers from New Jersey who want to know Senator McCain's position on compensating members of our armed forces who have been stop-lossed. Recently, Senator Frank Lautenberg of New Jersey introduced a bill calling for compensation to provided to those who affected by this regrettable policy. VFA calls on Senator McCain to clearly state if he supports Senator Lautenberg's "Stop Loss Compensation Act." Our servicemembers deserve answers, especially after considerable questions were raised regarding Senator McCain's support for our troops' well being when he opposed the successful effort to expand the GI Bill, as called for in a bill that Senator Lautenberg also co-sponsored.
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POPSTaxation: Our Rulers Carnival Of Theft And Plunder But there is a case to be made for a kind of windfall profits tax: A tax on windfall political profits is indeed desirable. Our rulers cannot legally take home personally more than a minor share (in salary and perks) of the income they steal from us through taxation. But they "profit" from taxes nevertheless by using billions and billions of dollars to buy votes from various political constituencies in order to perpetuate their political careers. Then, in many cases, after spending years in Congress giving away our hard-earned dollars to various undeserving individuals and groups, they retire to earn large salaries from those very groups or to become lobbyists for the groups and use their political connections to keep this carnival of theft and plunder going. That is how our rulers profit personally from tax revenue.
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