the goverment told BOA the have to limit how much they can charge per debit transaction. BOA found a way to make uo for those lost revunes with a fee. A fee that no one has to pay because no one has to bank with the BOA.
if you think that making millions per year while failing to pay your workers enough to keep up with COL is moral, then I guess there is no point to talk to you about this stuff.
I never said anything great about the UAW, they can go blow themselves
yeah most of them paid most of it back, and for almost failing, they gave themselves huge bonuses, instead of keeping the money in the company to help them get even better.
bank of america is handing out multimillion dolalr bonuses to the CEO, and exceo who got double digit millions on his way out(of making the bank fail) and to pay for it, they are adding a 5$ a month debit card fee?
thats bullshit
it snot technically theft, but it might as well be, its bad business thats being handheld by the fed too
you complain too loudly and you get canned. with unemployment where it is they will just hire someone else.
As is common on the Right, you make certain assumptions as to what people are willing to work for, as if not working were a viable alternative, and as if there were more jobs than workers.
You assume choice where none exists at a macro level...
Like Michael Moore said tonight on MSNBC... what do these protesters want?
They want politicians that are not owned by wall street and the banks.
They want those responsible for the greed that lead to the huge tax payer bailout to be held accountable and sent to jail.
Just two of the many issues that created this march on wall street.
Are their demands really that outrageous?
The politicians and bankers that flushed the American dream down the toilet must be held accountable.
And... that rigged system that supports the greed must finally end once and for all.
Otherwise? This uprising OWS will continue FOREVER!!!!
At some point everyone will realize what is at stake here, has been at stake here, and join in. It will happen....
I don't think so. I don't want any of that, and I feel that a majority of Americans (those not acting foolish on wall street) agree.
And you ignore the fact that the number of workers exceeding the number of jobs means that the price of workers is too high. Herpa derp.
Otherwise? This uprising OWS will continue FOREVER!!!!
Like Michael Moore said tonight on MSNBC... what do these protesters want?
They want politicians that are not owned by wall street and the banks.
They want those responsible for the greed that lead to the huge tax payer bailout to be held accountable and sent to jail.
Just two of the many issues that created this march on wall street.
Are their demands really that outrageous?
The politicians and bankers that flushed the American dream down the toilet must be held accountable.
And... that rigged system that supports the greed must finally end once and for all.
Otherwise? This uprising OWS will continue FOREVER!!!!
At some point everyone will realize what is at stake here, has been at stake here, and join in. It will happen....
the goverment told BOA the have to limit how much they can charge per debit transaction. BOA found a way to make uo for those lost revunes with a fee. A fee that no one has to pay because no one has to bank with the BOA.
That's laughable. 5 years ago, employment was much stronger than today, and wages haven't gone up at all.
If people worked nearly for free, business wouldn't hire them, because demand is low. There's no point in creating product that won't sell. And if wages, in aggregate, go much lower, then demand will suffer even more...
If you think you have the vaguest understanding of macro economics, you're sadly mistaken and dangerously opinionated.
So Michael Moore is now the OWS leader/spokes person? awesome!
If the workers wages dropped such that they could hire 2 workers for what was previously the price for one, they would indeed hire them as long as the marginal product of those additional workers exceeded the marginal cost.
For example, right now a lot of IT help desk types make ~$15 an hour. But if their wages were somehow cut across the marketplace to $7.50 an hour (or minimum wage) then at least one additional worker would likely be hired to provide quicker, more responsive IT services for the company.
So the problem isn't greed at the top, it's greed from the workers. If they wouldn't demand such high wages, their compatriots marching in the streets could have jobs too, admittedly at a much lower wage.
I have a bachelors degree in Economics and Finance and an MBA with a focus in managerial economics. However, if you think I don't recognize the difference between economic models and real life, and the impact that difference has on real people, then you're sadly mistaken and dangerously opinionated.
Obama's bragging about how much campaign cash he's raising. While everybody is taking a nosedive economically, he's out raising money, slush funds and so forth. He hopes to have something like a billion dollars soon for his presidential campaign in this economy. And much of that money is coming from people that these kids on Wall Street are protesting and want in jail, and they're too stupid to know it.
maybe you should actually look into OWS, instead of just saying stuff... they are painfully aware of it
go watch some videos, they blame obama just like anyone else
maybe you should actually look into OWS, instead of just saying stuff... they are painfully aware of it
go watch some videos, they blame obama just like anyone else
But they are all going to vote for him again nonetheless.
Their choices are someone like Obama who implicitly endorses many of these problems, and a Republican who enthusiastically endorses them and pushes to make it even worse. Of course they will vote for Obama, what other rational decision would there be?
Not to vote. Just like they choose not to look for a job and rather squat in the park.
And you ignore the fact that the number of workers exceeding the number of jobs means that the price of workers is too high. Herpa derp.
maybe you should actually look into OWS, instead of just saying stuff... they are painfully aware of it
go watch some videos, they blame obama just like anyone else