"Think about it…"

AFL-CIO President Richard Trumka...

"...Bank of America, which makes about $1 billion a month, announces it’s going to charge customers $5 a month to use their own money to shop with their debit cards. Mind you this is the financial giant that paid its global banking and markets president nearly $30 million dollars last year—and this year turned around and announced it’s going to fire 30,000 workers!"

Almost makes me wish I had some money in Bank of (their) America so I could close the account and send 'em a cut up card.

If you've got some money in Bank of (their) America, why don't y'all do that for me? I bet you're eligible for membership in some credit union or another.

It's one of those days…

…that seems to offer more good questions than good answers. Susie Madrak, with another of the former...

You all keep talking about "shared sacrifice" and "belt-tightening" when there's an 16% or so effective unemployment rate, wages are continuing their 30-year decline, jobs are non-existent and millions have lost their homes. For far too many of us, if we tighten our belts any more, we'll break our backs!

Meanwhile, Wall Street is doing better than ever.

In what universe is this "shared" sacrifice?

I dunno. Which universe did Kafka write about?

From "The best laid plans…" file.

Via Truthsurfer...

In these very hard economic times profits at largest 500 corporations grew by 81% in 2010. So much for Obama's plan to destroy capitalism...

Heh™.

Chart of the day.

Via Scott Nance at On The Hill...

Wonder where the money went?

The rich lady's site, via Greenwald at Salon…

Despite high unemployment and a largely languishing real estate market, U.S. businesses are more profitable than ever, according to federal figures released on Friday.

U.S. corporate profits hit an all-time high at the end of 2010, with financial firms showing some of the biggest gains, data from the federal Bureau of Economic Analysis show. Corporations reported an annualized $1.68 trillion in profit in the fourth quarter. The previous record, without being adjusted for inflation, was $1.65 trillion in the third quarter of 2006.

Many of the nation's preeminent companies have posted massive increases in profits this year. General Electric posted worldwide profits of $14.2 billion, while profits at JPMorgan Chase were up 47 percent to $4.8 billion.

.Remember when "company" was synonymous with "employer"? Where are the jobs?