Bono Endorses Scrapping the Minimum Wage

from Rock & Rap Confidential comes this report . . .

Bono Endorses Scrapping the Minimum Wage

The September 13 issue of Forbes, the business magazine owned by Bono, has an article by Rhodes College professor Art Carden entitled “Scrap the Minimum Wage.” Carden claims that the minimum wage, which is in itself almost impossible to live on, “has only destroyed jobs.” Surprisingly, Carden doesn’t volunteer to work for less than the minimum wage himself. According to his theory, this would create several new jobs in the poverty-stricken city of Memphis where he lives.

When Bono bought Forbes he said he liked the magazine because “it has a consistent philosophy.” Little noted when he made the acquisition, this may have been the only time in the 21st century Bono has told the truth (e.g. his “African” clothing line is made in China). The “consistent philosophy” of Forbes may be summed up as “It is glorious to be rich.”

The same issue of Forbes which calls for eliminating the minimum wage has a handy little list of suggestions for the world’s wealthy people. A few highlights:

  • “Commit to extreme wealth. For the super-rich, personal wealth creation is a top priority.” [Bono and his U2 bandmates put their already considerable fortunes in a Dutch tax shelter to prevent the Irish government from collecting some of it to distribute to the poor]
  • “Engage in enlightened self-interest. The super-rich are focused on obtaining their goals and objectives, culminating in great wealth.” [Bono’s handler, Paul McGuinness, has proposed that music fans pay U2 each and every time they listen to one of the band’s songs]
  • “Connect for profits and results. The super-rich are masters at nodal networking.” [from Arnold Schwarzenegger in California to Dmitry Medvedev in Russia, if there is a politician doing harm in the world Bono is there. Aside from starfucking, the purpose is photo ops which keep Bono’s products and get-poor-quick schemes in the public eye]



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