Sunday, October 16, 2011

Hear the Slap Resonate, Please!

Feeling the winds of autumn? Over the past two days, we did here in Metro Detroit. With winds gusting 45-55 mph, DTE said about 85,000 of their customers lost power. Several of our friends reported wind damage, too.

Still, the Occupy Detroit heroes peacefully protested and stayed the course in downtown Detroit trying to get the message to the politicos in Washington and Lansing.

Speaking of lost power, do you know what that the average salaries in the New York city securities industry is compared to all other private sector industries in the city?

I don’t or didn’t until I stumbled upon this story in the New York Times. It seems securities industry people, on average, earned $361,330 in 2010. That is five and half times the average salary, $61,120, in the rest of the private sector in the city. “By contrast,” Catherine Rampell reported, “30 years ago such salaries were only twice as high as in the rest of the private sector.”

How’s that for a slap in the face? Do you feel the sting?

Please politicos hear the slap resonate and start doing your duty for the people of this nation before things get too far out of hand and power really does return to the 99ers.

“Average salaries in NY City, Securities Industry vs. all other private sector industries”, Catherine Rampell, New York Times, 11 Oct 2011.

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