@KK - you will wonder about this one esp now that we have govts running amok with crude taxation stunts as well as pension fund grabs!
The swiss keep setting the standards. But this bar is quite high that no govt will attempt to copy anytime soon or ever... The labour wars would be crazy to manage.
Swiss to vote on 2,500 franc basic income for every adult -
http://www.reuters.com/a...y-idUSBRE9930O620131004
Quote:A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.
Under Swiss law, citizens can organize popular initiatives that allow the channeling of public anger into direct political action. The country usually holds several referenda a year.
In March, Swiss voters backed some of the world's strictest controls on executive pay, forcing public companies to give shareholders a binding vote on compensation.
A separate proposal to [ulimit monthly executive pay to no more than what the company's lowest-paid staff earn in a year[/u], the so-called 1:12 initiative, faces a popular vote on November 24.
The initiative's organizing committee said the basic income could partly be financed through money from social insurance systems in Switzerland.
I think I should apply for a swiss citizenship
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!