Gary Childress
Student for and of life
What would you do with an extra
$18,000 in your pocket?
That's the amount of extra cash each and every Burger King employee in America would have received last year if Goldman Sachs (one of the fast-food chain's largest owners) had shared its bailout billions with rank-and-file workers. Instead, Goldman Sachs squandered 6.5 billion of our taxpayer dollars on bonuses for their financial staff. These were some of the highest bonuses on Wall Street! Meanwhile, Burger King workers earn wages averaging just $14,000 a year -- well below the federal poverty line for a family of three.
Goldman Sachs has been having it their way with Burger King workers for too long. It's high time you had it your way with Goldman Sachs. Together with SEIU we are pushing back against Wall Street excess, and there are several ways we can make our voices heard. Don't miss the contest and poll below.
http://warongreed.org/
Heck if finiancial analysts can bring a company to ruins, don't they deserve a nice bonus for their mistakes?
Seriously, though, I know the logic all too well. "If we pay our financial analysts well then we'll attrack a better calibur analyst to work for us." But what about all those regular workers at Burger King? Wouldn't better wages attract a better calibur worker at the average Burger King as well? The people who need to be bailed out the most, the unemployed and underemployed are not getting these bailout dollars. It sounds more like the rich are simply having a party in these troubled times. This has to be economics at its stupidest.