Jack Saturday

Thursday, February 05, 2009

Anti-Wage-Slavery, Pro-Freedom Quotations Of The Week 319-323

A homeless Louisiana man, who robbed
a bank of $100 and then voluntarily turned himself in the
next day and apologized, was sentenced to fifteen years in

Weekly Review
Feb 3, 2009

Economist Paul Krugman wrote that the political establishment has "become devotees of a new kind of voodoo [economics]: the belief that by performing elaborate financial rituals we can keep dead banks walking." Goldman Sachs' economists estimate that those rituals might cost up to $4 trillion to perform.
Joshua Holland

Today, President Obama announced that top executives' pay at companies accepting TARP funds would be capped at $500,000, with any additional compensation coming only in the form of stock options that could not be cashed until the government had been repaid.
"That is pretty draconian -- $500,000 is not a lot of money, particularly if there is no bonus." [
James F. Reda, founder and managing director of James F. Reda & Associates]
Poor Little Rich Kids: Wall Street Elites Whine About Obama's Pay Caps
Posted by
Ali Frick, Think Progress
February 4, 2009.

Most people who learned about Palin at the Republican National Convention in August would probably be surprised to learn that such a hard-line conservative supports handing out $16,345 checks to even the poorest families. Actually, families the size of Palin’ will receive $19,416 —no conditions imposed besides residency, no judgments made.

Sounding like some kind of progressive-era land reformer, Palin replied, “What we're doing up there is returning a share of resource development dollars back to the people who own the resources. And our constitution up there mandates that as you develop resources it is to be for the maximum benefit of the people, not the corporations, not the government, but the people of Alaska.
Karl Widerquist, BIG
EDITORIAL: The Alaska Dividend and the Presidential Election

So why isn’t a dividend like the one provided through the Alaska Permanent Fund paid to every U.S. resident or, for that matter, to every person in the world? Please don’t make up any phony “economic ” answers to this question. The answer is obvious —everyone else is being cheated by the monetary system.
Richard C. Cook
Bailout for the People:
Dividend Economics and the Basic Income Guarantee


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