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Reply #67: Where I live in California, a study showed that minimum wage *should* be $12-15 an hour... [View All]

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Hekate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 02:06 AM
Response to Reply #7
67. Where I live in California, a study showed that minimum wage *should* be $12-15 an hour...
That's just for someone to get by in our market: a single person, sharing housing, living frugally, needs that much. Once in a great while I hire a yard man or a house cleaner. Now that I know about that study I don't haggle for less.

My guess is that the old man's $10/hr isn't going to go very far.

Hekate
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  -Madoff Victim, 90, Returns To Work for $10 an hour Amerigo Vespucci  Feb-07-09 08:51 PM   #0 
  - Meanwhile Madoff sits at home in his multi-million dollar Manhattan home  Earth_First   Feb-07-09 08:54 PM   #1 
  - I think that's one of the things that makes me  cornermouse   Feb-08-09 05:58 AM   #36 
  - It's disgusting!!! And NYers should be working to get the judge impeached who allowed this!  rvablue   Feb-08-09 01:05 PM   #58 
  - I can't believe that judge allowed him out on bail  fujiyama   Feb-09-09 01:50 AM   #65 
  - Madoff should face the death penalty  BeyondGeography   Feb-07-09 08:55 PM   #2 
  - Is there $500K SIPC insurance coverage available to each defrauded investor? (nt)  John1956PA   Feb-07-09 08:56 PM   #3 
  - Yes. WHEN, is the question.  Fire1   Feb-07-09 09:31 PM   #15 
  - Up to $500,000  Baby Snooks   Feb-08-09 05:14 AM   #32 
  - this guy was invested for 25 years - has been receiving approx  UpInArms   Feb-08-09 10:07 AM   #45 
     - How are his gains "ill-gotten"??  Fran Kubelik   Feb-08-09 12:41 PM   #56 
        - because if he got paid money that was illegally obtained  UpInArms   Feb-08-09 06:03 PM   #60 
           - All con-games ar based on trust, which the con-artist manipulates.I can't imagine any of his victims  Hekate   Feb-09-09 03:09 AM   #68 
  - What a horrible piece of shit (Madoff).  Believing Is Art   Feb-07-09 09:00 PM   #4 
  - Madoff should be in prison so why isn't he?  bridgit   Feb-07-09 09:01 PM   #5 
  - Quite obviously you don't make enough money to understand why...  Earth_First   Feb-07-09 09:03 PM   #6 
  - He is getting paid $10 an hour for that?  arcadian   Feb-07-09 09:04 PM   #7 
  - Greeting people, handing them shopping carts,  Warpy   Feb-07-09 09:25 PM   #13 
  - It could depend where  fujiyama   Feb-09-09 01:51 AM   #66 
  - Where I live in California, a study showed that minimum wage *should* be $12-15 an hour...  Hekate   Feb-09-09 02:06 AM   #67 
  - Madoff being an asshole asside, WHO TOLD THESE RETARDS TO INVEST ALL THEIR NET WORTH?  Idealism   Feb-07-09 09:05 PM   #8 
  - agree, except I wish you'd used a different word than "retard"  spooky3   Feb-08-09 11:52 AM   #47 
  - Mahalo (thank you)  KamaAina   Feb-10-09 06:08 PM   #75 
  - Human nature. Doesn't stop people from using cards or cheating on the ones they claim to love either  Deja Q   Feb-08-09 11:56 AM   #49 
  - Not everyone is savvy when it come to investing. Especially the elderly.  Fla Dem   Feb-08-09 01:01 PM   #57 
  - You are absolutely right. But you will get crucified for having no compassion and being wise by  1Hippiechick   Feb-10-09 05:46 PM   #71 
  - Sell everything Madoff owns and split the total among his victims  Fleshdancer   Feb-07-09 09:07 PM   #9 
  - My thought as well.  ZombieHorde   Feb-07-09 09:09 PM   #11 
  - OMG...  blonndee   Feb-07-09 09:07 PM   #10 
  - cruel  NJCher   Feb-07-09 09:23 PM   #12 
  - In Michigan, he'd be crushed in the crowds lining up for a $10/hr job.  Bozita   Feb-07-09 09:29 PM   #14 
  - In Ohio too. $10/hr door greeter jobs are non-existent. Hell, $10/hr. jobs of ANY KIND  Doremus   Feb-07-09 10:01 PM   #22 
  - Sucks to be him. But why wasn't $738,000 enough for Ian Thiermann?  scarletwoman   Feb-07-09 09:39 PM   #16 
  - Maybe he wanted...  Davis_X_Machina   Feb-07-09 09:42 PM   #18 
  - Then he should have saved his money, not gambled it on the stock market.  scarletwoman   Feb-07-09 09:50 PM   #19 
     - I've got a 403(b)...  Davis_X_Machina   Feb-07-09 09:52 PM   #20 
     - I've no idea what a 403(b) is. My participation in capitalism is confined to earning a modest wage,  scarletwoman   Feb-07-09 10:27 PM   #23 
     - With those qualifications, who could possibly hope to disagree?  BlooInBloo   Feb-07-09 10:40 PM   #27 
     - Who, indeed.  scarletwoman   Feb-07-09 10:55 PM   #30 
     - I envy you, SW.  Le Taz Hot   Feb-08-09 09:19 AM   #43 
        - I wish you all the best. This seems like a really bad time to be in California, I sure hope you  scarletwoman   Feb-08-09 02:17 PM   #59 
     - so do I  spooky3   Feb-08-09 11:55 AM   #48 
     - How compassionate  HarukaTheTrophyWife   Feb-07-09 10:38 PM   #25 
     - I do feel sorry for him, he's just another sucker who thought he could have money for nothing. nt  scarletwoman   Feb-07-09 10:53 PM   #29 
        - I call bullshit on your sanctimony  Dreamer Tatum   Feb-08-09 12:12 PM   #52 
     - But he didn't lose that money because of the stock market  rockymountaindem   Feb-07-09 10:40 PM   #26 
        - And the stock market ISN'T a scam? He gambled, he lost. (nt)  scarletwoman   Feb-07-09 10:50 PM   #28 
           - The stock market is definitely a gamble.  KillCapitalism   Feb-08-09 05:35 AM   #34 
           - No, the stock market isn't a scam  rockymountaindem   Feb-08-09 09:31 AM   #44 
              - For many small-time investors, the stock market is a scam  brentspeak   Feb-10-09 05:59 PM   #74 
  - My thought too. At his age his money should have been somewhere safe,  Doremus   Feb-07-09 09:55 PM   #21 
  - Diversify diversify Diversify  exboyfil   Feb-08-09 04:57 AM   #31 
     - Greed?  Baby Snooks   Feb-08-09 05:33 AM   #33 
        - At age 90 with $738k? Absolutely greed, imo.  1Hippiechick   Feb-08-09 07:23 AM   #39 
           - seriously?  Fran Kubelik   Feb-08-09 12:39 PM   #54 
              - I would think absolutely that the reasons you listed are exactly how he did accumulate his wealth.  1Hippiechick   Feb-08-09 07:26 PM   #61 
                 - But you don't put your money in your mattress.  Fran Kubelik   Feb-10-09 12:35 PM   #70 
                    - Pick up a Money magazine or many others on the market. There are guidelines of how one should  1Hippiechick   Feb-10-09 05:56 PM   #73 
  - Thank you for one of the FEW intelligent posts on here. n/t  1Hippiechick   Feb-10-09 05:46 PM   #72 
  - Madoff should have to sell every single one of his assets...  liberalmuse   Feb-07-09 09:39 PM   #17 
  - George Will: This is the free market at work.  BlooInBloo   Feb-07-09 10:33 PM   #24 
  - Nice way to 'work'. Not exactly an 'honest living'.  Deja Q   Feb-08-09 11:57 AM   #50 
  - There are lots of stories like this  DFW   Feb-08-09 05:48 AM   #35 
  - My mom just told me this story today.  Starry Messenger   Feb-08-09 06:46 AM   #37 
  - Glad the town is helping out.  Liberal_in_LA   Feb-08-09 09:04 AM   #42 
  - "Thiemann said he has lost all of his $738,000." At 90, the price of his own greed, imo  1Hippiechick   Feb-08-09 07:21 AM   #38 
  - website regarding financial planning -  1Hippiechick   Feb-08-09 08:05 AM   #40 
  - Worth $738,000 and he still had house payments, why didn't he at least payoff the mortgage? Greed.  FreeStateDemocrat   Feb-08-09 08:17 AM   #41 
  - Bingo. n/t  1Hippiechick   Feb-08-09 07:31 PM   #62 
  - Jesus fucking christ - it's not like he was the victim of a crime or anything.  varkam   Feb-08-09 10:20 AM   #46 
     - Because it feels good, are the devil's advocates, or have a pespective at least worth mentioning.  Deja Q   Feb-08-09 11:58 AM   #51 
     - Because they see a 90-year-old man having the nerve to live like a 40-year-old man  Dreamer Tatum   Feb-08-09 12:19 PM   #53 
        - I doubt the victims are going to get their money back.  varkam   Feb-08-09 12:39 PM   #55 
        - Sorry. There are all kinds of resources identifying that as one APPROACHES retirement age, their  1Hippiechick   Feb-08-09 07:38 PM   #63 
           - Incredible, the financial wisdom here on DU  Dreamer Tatum   Feb-09-09 12:20 AM   #64 
              - Only surpassed by the amount of compassion....  Behind the Aegis   Feb-09-09 03:55 AM   #69 
 

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