Thursday, July 11, 2013

Billionaire Koch Brother Thinks Eliminating Minimum Wage Will Help the Poor

Here's my biggest stumbling block: the Koch brothers are already so ridiculously wealthy, they couldn't spend all of their money if the went on a Michael Jackson-sized shopping spree every day for the rest of their lives. And yet, they are on a mission, a constant battle to get more money, by getting the "right" kind of people elected, by influencing elections that result in policies that save them money, make them money, cut their taxes so that they can keep more of their money.

Good grief, what in the world for? These guys could earn an extra billion this year--or lose it--and they wouldn't feel a difference! At least Las Vegas' own troll garden gnome billionaire Sheldon Adelson has Israel as a prime motivating factor behind his political maneuverings. What in the world motivates these guys? And does anyone for even a minute think that the Kochs have any idea what it's like to struggle? What it's like to try to exist on minimum wage? I'm an atheist, but sometimes I wish for a little karma, a little kismet to bite these guys on the ass.

[Excerpt]

Billionaire Koch Brother Says Eliminating The Minimum Wage Will Help The Poor

A conservative mogul worth $43 billion says he knows the secret to helping poor people. According to Charles Koch, the U.S. needs to get rid of the minimum wage, which he counts as a major obstacle to economic growth. . .

Read more at: Think Progress

1 comment:

  1. I do agree with the Koch Brothers.
    First, the minimum wage does hold down the poor. If there is no minimum wage, the employers will pay what they think the workers are worth. I think it will help the poor though may hurt the middle class.
    But what it will do is increase illegal immigrants who will work for less than minimum wage.
    I think it is an unfair intrusion by the fed's, when it comes to the minimum wage.
    Finally, if a person wants to work less than minimum wage, let them, but I think there will few people who do that.
    The employer should be able to pay the employee what they want and I bet most would pay more than the minimum wage as no one will work for them if they pay less.

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