Swiss voters reject $25/hr minimum wage

[DarrinS]

http://www.usatoday.com/story/news/world/2014/05/18/switzerland-minimum-wage-referendum-vote/9245441/

:tu

[boutons_deux]

http://www.usatoday.com/story/news/world/2014/05/18/switzerland-minimum-wage-referendum-vote/9245441/

:tu

but of course the voted, bogus curb on execs' excessive bonuses is hilarious.

If anybody knows how to evade taxes, it's Swiss execs and companies, esp financial companies. Self-dealing and insider trading used to be LEGAL in CH.

"In 2007 the gross median household income (http://en.wikipedia.org/wiki/Median_household_income) in Switzerland was an estimated 107,748 CHF (http://en.wikipedia.org/wiki/Swiss_franc), or USD 137,094 at purchasing power parity (http://en.wikipedia.org/wiki/Purchasing_power_parity) (PPP)"

http://en.wikipedia.org/wiki/Economy_of_Switzerland

USA: "median household income fell slightly to $51,017 a year in 2012, down from $51,100 in 2011"

http://money.cnn.com/2013/09/17/news/economy/poverty-income/

[xrayzebra]

Those damn Swiss, what do they know. And they even make all able-bodied men have a government issued firearm. And a unemployment rate of just over 3 percent. They need a Dimm-0-crap party. Signed: boutons

[ElNono]

Those damn Swiss, what do they know. And they even make all able-bodied men have a government issued firearm. And a unemployment rate of just over 3 percent. They need a Dimm-0-crap party. Signed: boutons

They also have universal healthcare regulated by government... what do they know...

[ChumpDumper]

Those damn Swiss, what do they know. And they even make all able-bodied men have a government issued firearm. And a unemployment rate of just over 3 percent. What about their health care system?

Do you think it's good?

[boutons_deux]

Those damn Swiss, what do they know. And they even make all able-bodied men have a government issued firearm. And a unemployment rate of just over 3 percent. They need a Dimm-0-crap party. Signed: boutons

that's ancient, and it's for fighting invaders, NOT, as you 2nd amendment gun fellators claim, for shooting at your own government.

[Th'Pusher]

Those damn Swiss, what do they know. And they even make all able-bodied men have a government issued firearm. And a unemployment rate of just over 3 percent. They need a Dimm-0-crap party. Signed: boutons

From the OP

Switzerland, however, features some of the world's highest prices. The country does not have a minimum wage law, so pay scales are determined by employment contracts or collective bargaining. However, 90% of Swiss workers earn more than the proposed minimum and are already among the highest paid in the world.

Would xray prefer increased employee contracts and collective bargaining here in the US?

[pgardn]

You gotta admire the greatest money laundering country on the planet.

From Nazis to drug Lords.

[boutons_deux]

Koch Brothers’ Top Political Strategist: The Minimum Wage Leads to Fascism!

audio recording of a mid-June speech delivered by top political strategist Richard Fink indicates that the billionaire libertarian Koch brothers still surround themselves with members of some of the fringiest corners of the libertarian right.

the recording features Richard Fink, a trained economist whom HuffPo describes as the Koch brothers’ “top political strategist,” explaining to a small, private audience how the Koch brothers plan to turn the American electorate away from “collectivization” and toward “liberty” by persuading a critical mass of voters to repeal most of the economic regulations of the 20th and 21st centuries.

Fink’s speech was lengthy, but amid the references to North Korea, Stalin, Hitler, Mao and radical Islam, the Kochs’ political guru shared an insight that is perhaps most revealing of his and their general worldview. The insight in question? The straightforward connection between raising — or even having — a minimum wage and how a liberal democracy can disintegrate into a fascistic dictatorship.

“Psychology shows that is the main recruiting ground for totalitarianism, for fascism, for conformism — when people feel like they’re victims,” the non-psychologist Fink can be heard to explain. “So the big danger of minimum wage isn’t the fact that some people are being paid more than their value-added; that’s not great. It’s not that it’s hard to stay in business —that’s not great, either. But it’s the 500,000 people that will not have a job because of minimum wage.”

Building off this initial, extremely tenuous connection, Fink continued, “We’re taking these 500,000 people that would’ve had a job, and putting them unemployed, making dependence part of government programs, and destroying their opportunity for earned success. And so we see this is a very big part of recruitment in Germany in the ’20s.”

http://www.alternet.org/tea-party-and-right/koch-brothers-top-political-strategist-minimum-wage-leads-fascism

"main recruiting ground for totalitarianism, for fascism, for conformism — when people feel like they’re victims"

... :lol Does he mean "Christians", "white men", gun fellators who all claim they are persecuted to justify their own deluded bullshit extremism?

You fucking Repugs, bubbas, rednecks are fucking crazy, and 100% to blame for re-electing the same Repug/libertarian assholes over and over and over.