More rich people getting richer during the economy that's crushing the majority of us: Via: Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in
April 20, 2012

Goldman-Sachs-chief-execu-007

More rich people getting richer during the economy that's crushing the majority of us:

Via:

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein's compensation increased 14.5 percent to $16.2 million in 2011 despite a sharp decline in profits and share price during the year, leaving the bank open to more attacks on its pay policies.

Others at Goldman Sachs weren't so lucky. Since 2011, the financial giant has terminated at least 3,500 employees as well as reduced pay of others to cut expenses.

Yet again, it's time to ask Republican lawmakers "Where are the millionaire job creators?" We go through this exercise in redundancy knowing full well that "Millionaire job creators are like unicorns, they are impossible to find and don't exist." Hopefully each time any of us asks about the GOP's imaginary job creators, a few more voters will realize that Republicans don't have a clue about how to create jobs, and without jobs the economy certainly won't improve for the majority of Americans.

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon