ack. it's early. I meant to post this to an existing thread.

[Ichingcarpenter]

10. Everyone needs a 'moderate income'

$11 million annual salary is “modest,” says bailed-out bankster Chairman



Only in the banking world could you expect to hear such nonsense as the chair of a bank suggesting that an $11 milion dollar annual salary (including bonus) is “modest.”

The Royal Bank of Scotland Chairman is trying to suggest that because other bank CEOs are paid even more, his CEO’s salary of nearly $2m a year, and potential bonus of over $9m, are “modest.”

http://americablog.com/2013/02/chairman-of-bailed-out-bank-multi-million-dollar-pay.html

I think $11 dollars an hour is a modest minimum hourly wage and equals out to what it should be due to inflation.


Countries that have mammon wage around $22 also have high taxes but with benefits such as paid sick leave, vacation pay, health care, etc but the individual is taxed accordingly for those services.