U.S. bank bailout benefited billionaires, exposing corruption: ‘I understand why Americans are angry’
Before it collapsed and its billionaire depositors were bailed out by the U.S. government, Silicon Valley Bank successfully lobbied Congress to remove regulations on it. A senator admitted, “I understand why Americans are angry, even disgusted”.
If the minimum wage had increased as much as Wall Street bonuses since 1985, it would be worth $44 today
The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs paying $15 per hour for a year.
Water is essential for life, access to fresh water is a human right, and most importantly, water is sacred. Water is life.