I also don't really think the "It's less than minimum wage" argument is very good, either, thinking about it, since... Yeah, it's less than minimum wage. But you're also not actually doing any work. You're sitting there. You shouldn't expect to make minimum wage for not actually doing anything.
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SEP Nash, Smelling Like the Vault since 1996
Step FOUR! Get Paid! http://i33.tinypic.com/2v1sq51.jpg