Banks and Corporate Political Advertising
Okay, in a country where we have the highest unemployment we've seen in a long time, folks who can't get loans for their small businesses let alone their homes and workers who are lucky to get any kind of raise this year ... we have a financial sector completely disconnected from reality. The massive banks dubbed "too big to fail" by the Bush Administration and the fools in Congress who followed them and giving raises and bonuses of head-shaking proportions. Bank of America is increasing salaries and bonuses by 31% for 2009 (over 2008 numbers) that's an average income for employees of $235,193. JP Morgan has increase salaries and bonuses by 22% for 2009 (over 2008 numbers) an average income of $378,600. Goldman Sachs takes the cake though with average income for 2009 after increases and bonuses of $498,246!! Oh we're supposed to not pay attention to Goldman's payouts because they also managed to give $500 million to charity in 2009. Smoke and mir...