Wednesday, March 13, 2013

Minimum wages.

The minimum wage in the UK is around $10 an hour. In Norway it is around $20 and hour. In the US, the richest country in the world, it is just over $7 an hour! And yet the average bank CEO in the US makes at least $7,000 an hour! No kidding! Even if he works 40 hours a week, which is doubtful, that is $7,000 X 40 = $280,000 per week X 52 weeks = $14,560,000. The CEO of my bank makes almost four times that much! And the more than 400 "executives" at my bank all make over $1,000,000, most make several million. Yet they can't afford to pay me any interest on money deposited there. I think the going rate right now is .1% or less. So if I had $10,000 in the bank I would receive just $10 per year in interest. I have even seen where some banks are looking into the possibility of charging their customers for keeping their money in the bank!
The greed in this country is unbelievable.
And the Republicans want to cut taxes even more, especially to the very richest among us, even though our taxes are the lowest that they have been in more than 60 years, we are the lowest taxed country in the world, and we only collect enough in taxes to pay for a little more than half of our expenses.

No comments:

Post a Comment

Leave some comments! Go on, I dare you! Talk to me!
Please leave your name, so I know who you are.