Working Life

If you were Jamie Dimon, or a sleazy banker of the same stripe, and you got the following deal, would you take it: make billions of dollars for your bank, which, in turn, rewards you personally making you a very, very wealthy man BUT, in the process, because of combination of incompetence, criminality and greed, you help destroy an entire economy and put millions of people out of work, for which your bank pays billions of dollars in fines BUT you get to keep your job and, despite all the crimes, you don’t spend a single night in jail nor do you take out a single dime from your own pocket because the system will protect you and instead hand the bill to essentially the very people you hurt, and you are dealing with a government with no spine or inclination to punish the responsible people at the top so don’t worry for a second…well, would you take that deal?

Of course you would.

And that, in a nutshell, is the upshot of the $13 billion sham fine Jamie Dimon cut with the Obama Administration.

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The biggest threat to the Wal-Mart profit-through-poverty-wages model continues to hold on to a lead in the ballot count. That would be the initiative to raise the minimum wage to $15-an-hour in the city of SeaTac. It’s almost a done deal — though the fight won’t end once the vote is certified.

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How Boeing can run around and say with a straight face that it needs concessions from its workers when it is making large profits AND screwing tax payers at the same time is just a beautiful example of how corporations are fleecing the public — and, if you want to think about it in a bigger picture way, why the economy continues to be so bad for so many people.

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I certainly plead guilty to being in the large group of people who bang the traditional media for irresponsibility, ignorance, bad reporting and just plain laziness. So, it’s nice to point out outstanding work in the traditional media — and there is a piece in The New York Times magazine posted now that is really […]

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Within the past hour, the newest ballot total count shows the $15-an-hour minimum wage SeaTac initiative has WIDENED its lead — to 53 votes from just 19 a day before, which was a lead that had shrunk — a nice reversal from yesterday’s narrowed vote. And, in my estimation, this means the initiative will now likely come out on top at the end of the count.

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With about 250-300 ballots left to count, the ballot initiative to raise the minimum wage to $15-an-hour in the city of SeaTac is leading by just 19 votes. It’s lost a bit of ground since Tuesday’s lead of 43 votes. But, win or lose, it could set a different standard for the debate around the minimum wage.

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Big, bad things often get done–things that shred our economic security and undo some pretty basic constitutional ideas–because, after years and years of listening to sound bites and catchy phrases, it’s easy to let the bi-partisan elites thunder ahead on very bad policy. That’s the case with so-called “free trade.” But, something is happening that is slowing down that monumentally foolish, and destructive, rush on very bad trade deals — and it’s connected to the broader revolt out there, sometimes quiet, sometimes noisy.

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The votes keep trickling in. But, as of close of business today in Seattle, the initiative to raise the minimum wage to $15-an-hour in SeaTac is hanging on. And it looks better today.

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Months before the current uproar over the Benghazi story, 60 Minutes revealed itself as an unethical news organization, dedicated to covering up the conflicts of interest of its entertainment assets (note I don’t use the word “journalist”). I revealed back in May a serious conflict of interest on the part of Lesley Stahl — and CBS stonewalled over Stahlgate, then, and continues to stonewall to this day. In fact, CBS seems to be the Rand Paul of journalism — the more you dig, the more you find out. It’s not too late to force some honesty and transparency on Stahlgate

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Uh, yeah, every vote does matter. Especially when it comes to making sure people don’t live in poverty. Mark one up for a move to a serious minimum wage!

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