Pay Cuts for Congress? & “Big” Governments Republicans Mandating Marriage……
budget imagesRep. Ann Kirkpatrick (D-AZ) introduced a bill last week to slash pay for members of Congress 5% or $8,700 a year — and freeze their automatic cost-of-living increase. With Congress’ approval ratings “spiraling downward,” Kirkpatrick said, “Families across the country are getting by on lower wages…so why shouldn’t senators and representatives have to feel the same pinch?” The cut would be the first since the Great Depression. She said she’s already started handing over 5 percent of her pay every month. Hey, Congresswoman Kirkpatrick – how about instead of leading the entire country, including Congress, to ever-lower wages and bringing us all to Wal-Mart pay levels, how about instead increasing the minimum wage, change our trade and tax policies to bring jobs back to America, and break up the big vulture corporations that put out of business local companies and prevent entrepreneurs from even starting new companies? Stop promoting the Republican idea that we should all be paid less, and take us back to an era when worker pay increased along with corporate productivity.
Thom you are at it again. Too funny about your ideological support for minimum wages and "living wages", so I was surprised as to how you spun the latest.
Let's see people should get paid based on what Thom? Just because you want income to be high for all including our "elites" does not make it so. Why should the filthy "rich" in this case get more pay for obviously not performing their job? Do you think their approval rating means anything? If they were waiters, do you think they would get any tips? Of course you think they should get paid no matter how bad their "service" is? I am sure you tip the same for lousy service because you want them to have a so called living wage?
I know you think that productivity should dictate wage increases when the productivity goes up but are you then willing to concede that wages should in fact go down when productivity goes down??? Not likely as you want it both ways. You obviously have no understanding of labor markets.
This is obvious in the sense that on one hand you want more small business but unwilling to actually lower the barriers to their formation including but not limited to minimum wages. It is not large corporations {or as you call them: big vulture corporations} that fear rising minimum wages as they will just pass on costs. It is the small businesses that will have higher obstacles to formation of small businesses. Take a gander at a couple of points about minimum wages:
5 Things You Didn’t Know About the Minimum WageThe Effect of Minimum Wage Increases on Retail and Small Business Employment | EPI StudyPS: 1. Hey Thom, I see your little minions are running around again censoring information contrary to your views. Very funny indeed and almost fascist in its applications. In case you missed them the first time, I will repeat them for your reading pleasure.,,
You could stop this Thom by first stop spamming all my email accounts. Sue is suppose to have a list that she so graciously decided to spread to the whole world. Yes personal information was spread around. Wonder if that is grounds for...
PS2: Uh, Craig. Are you a conservative or just playing one? As you have only shown yourself to be uncritical and to repeat other people’s words, I can only assume as much.
Which unjust and unnecessary war is he talking about? Probably the one started by Demos, no?
It’s time we turn that around and tell the conservatives – The nine most terrifying words in the English language are – I’m from the corporation and I’m here to help.
Now that is just funny shit. I am really scared that a corporation is going to come into my house uninvited and help me out. Until then, I will be more concerned about the Police State as Antifascist was always concerned about also.
Keep up the spamming, maybe one day I will read the whole thing…
PS3:Thom would be better actually creating a valid argument.
Why not present the information mst??? I am talking short term effects. Thom wants short term productivity gains to automatically go to “labor” no matter the level of unemployment but when productivity goes down as new hires are added to the payrolls then I am sure that Thom will not consider that “fair”.
Thom just has no idea how labor markets work and likes to cherry pick data to confirm his own biases.
LOL, Not my hero. I have no heroes and find no reason to go looking for them in my life also. Maybe Thom is your hero and you need to defend him? No?
PS4: We can complain about the deals afterwards all we want. My point was that if approval ratings is a gage of productivity and their productivity is so low, why would we pay them so much???
How you going to force them to be better educated? Re-education camps? And yes, Thom is in the education business, although disinformation is more likely the outcome…
PS5: Here Thom. This is a subject right up your ideological alley.
Mish's Global Economic Trend Analysis: Moorestown New Jersey Unions Highlight Union ArroganceI just suspect that your attitude toward the politicians (more than likely middle class) and “living wages” would change drastically from your lead piece.
PS6: Hey Thom. Since you already spammed me on the latest blog post then why not post it here?
Compassion for CEOs?
The International Brotherhood of Electric Workers has filed a lawsuit against Bankster Goldman Sachs for overpaying its top executives. The lawsuit “seeks to stop Goldman from allocating roughly 47 percent of 2009 net revenue as compensation, saying such allocations ‘vastly overcompensate management and constitute corporate waste.’” Apparently the IBEW and their electrician workers don’t realize how hard it is to find employees willing and able to buy and sell stocks and only be paid a few million dollars a year for this brutally hard work. After all, these guys have to buy suits and ties. They have to pay for limousines and thousand-dollar-a-bottle champagne. Being a Goldman Sachs executive is tough work, guys – cut them some slack! Have some compassion!
–Thom Same dribble as always.
What do you do that is “brutally hard work”??? How much do you get on a book sold?
What do you have to buy??? A computer? Notepad and pen??? See how illogical your positions are with regards to your own standings?
Carry on…
PS7: We have another wiener!!!
Thom’s blog
Thomas Jefferson on Student Lending….
Six Democrats have sided with banks, against the Landmark Student Lending Reform. Who are they? Bill Nelson (Fl.), Tom Carper (Del.), Blanche Lincoln (Ark.), Jim Webb (Va.), Mark Warner (Va.) and Ben Nelson (Neb.). The student lending industry has launched an “aggressive lobbying campaign” of senators representing states where big lenders are based, scaremongering about job losses resulting from passing SAFRA. Now, it appears that their lobbying is paying off. We’re a long way away from when Thomas Jefferson started the University of Virginia with the notion that part of building a middle class (necessary to a democracy, he said) would require people with some education, and advocated a national program of free education up to and including university levels, the last state to fall from that ideal was when Governor Ronald Reagan ended free enrollment in the University of California system. My question – how do these people sleep at night or look themselves in the mirror?
-Thom
Isn’t it so bad that your favorite bank along with your fascist promoter on your forum is against such propsals:
A Whole New World - US Banker Article
Bank of North Dakota makes about 70 percent of the student loans in its home state, but if the Obama Administration has its way, the $3.5 billion-asset bank would be out of the origination business by this time next year.
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