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Need proof trickle-down is bullcrap? Here you go:

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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-22-09 09:42 AM
Original message
Need proof trickle-down is bullcrap? Here you go:
The last paragraph:

>>Roomy Khan, the central witness who brought down the Galleon Group hedge fund, is a former Galleon employee with a history of financial trouble who agreed to cooperate with prosecutors after she was caught making trades using inside information, The New York Times’s Alex Berenson, Michael J. de la Merced and Zachery Kouwe report.

Ms. Khan, previously identified only as “Tipper A” or a cooperating witness, provided much of the evidence that prosecutors are using to bring insider trading charges against the billionaire Raj Rajaratnam, who is shutting down his Galleon fund in the wake of the charges.

She taped conversations with him and told prosecutors that she had provided inside information about Google and other stocks. She has agreed to plead guilty to conspiracy and securities fraud and is working with law enforcement in hopes of receiving a lighter sentence, according to the criminal complaint.

Ms. Khan, who was identified by people close to the case, has a legal past that may present a hurdle for federal prosecutors. In a lawsuit settled last month, a housekeeper for Ms. Khan and her husband, Sakhawat, said they had violated minimum wage laws by paying her about $250 a week for 80 to 90 hours of work. The lawsuit was settled after a judge said the Khans had fabricated evidence.<<

http://dealbook.blogs.nytimes.com/2009/10/21/ex-employee-is-key-witness-in-insider-case/

No trickle down there from the wealthiest to the poorest - just the opposite - the wealthiest pay their employees LESS than minimum wage. Indentured servitude lives. :mad:
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-22-09 09:49 AM
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1. .
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closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-22-09 10:02 AM
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4. Is that a bull or an elephant? Did I say ELEPHANT CRAP?
:sarcasm: :rofl: :hi:
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guitar man Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-22-09 09:52 AM
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2. well, there's more proof
But I already knew it was BS just by looking at my paycheck :(
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ChoppinBroccoli Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-22-09 10:01 AM
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3. Trickle-Down Works For EVERYTHING!!!
Trickle down plan for ending world hunger: Give food to fat people!

Trickle down plan for healthcare reform: Give medicine to people who aren't sick!

Trickle down plan for national defense: Attack nations who pose no actual threat! Oh wait.......
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