[Marxism] 'Tiz the Season!

Bonnie Weinstein giobon at sbcglobal.net
Wed Dec 20 12:26:38 MST 2006


Dear all:

The first article is about the current Federal Minimum Wage of $5.25 an
hour. The article focuses on the plans already under way to raise the
minimum wage to $7.25 an hour by 2008. But included in the article are
profiles of people struggling to survive on minimum wage and would fair
little better on $7.25 per hour--it still relegates them to a life of
poverty and hardship--especially for the children of parent(s) that have to
work long hours just to pay rent. Many are the working homeless unable to
even pay rent!

Certainly, the other articles sit in contrast. And I'm sure most workers
have taken notice--workers bonuses are few and far between--Oh! that's
right, Wall Mart granted their employees a one-time, one item, 10 percent
increase to their normal employee 10 percent discount as a Christmas bonus
this year. Doesn't that just warm the cockles of your heart?

Comradely,

Bonnie



Raising the Floor on Pay
By LOUIS UCHITELLE
December 20, 2006
http://www.nytimes.com/2006/12/20/business/20minwage.html?ref=business


Goldman CEO's $53.4M Bonus Breaks Record
By THE ASSOCIATED PRESS
December 20, 2006
http://www.nytimes.com/aponline/business/AP-Goldman-Sachs-Bonuses.html


Goldman Chairman Gets a Bonus of $53.4 Million
By JENNY ANDERSON
December 20, 2006
http://www.nytimes.com/2006/12/20/business/20wall.html?ref=business







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