General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJPMorgan CEO Dimon: Cut My Bank’s Tax Rate And Gut Social Security And The Economy Will Boom!
Will unicorns also fly out of his mouth?
--
If theres one group of people that love the Simpson-Bowles plan to cut Social Security and Medicare benefits while lowering the corporate tax rate, its billionaires and corporate CEOs.
Take JPMorgan Chases CEO Jamie Dimon. He told a recent meeting of Washington elites at the Council on Foreign Relations that the economy would be booming if President Obama had enacted the Simpson-Bowles plan.
Read more: http://boldprogressives.org/jpmorgan-ceo-dimon-cut-my-banks-tax-rate-and-gut-social-security-and-the-economy-will-boom/
Angry Dragon
(36,693 posts)aletier_v
(1,773 posts)Or YOU.
or ANYBODY ELSE.
geckosfeet
(9,644 posts)What do they come after to steal from the people next? Whose country do they invade?
Risen Demon
(199 posts)Then form an economic crater of cataclysmic proportions.
Octafish
(55,745 posts)San Quentin or Basram, as long as it's for the rest of his natural days, it doesn't matter.
1StrongBlackMan
(31,849 posts)In a rare moment of honesty, he actually said, "if President Obama had enacted the Simpson/Bowles plan, the economy would have gone 'boom'." (as in would have been blown apart.)
OKNancy
(41,832 posts)No love lost for Dimon ( who supports Obama by the way) but this article is not exactly what he said.
He said they made a mistake not dealing with the debt by enacting something like Simpson-Bowles.. a balanced approach to the debt.
Here it is: http://www.bizjournals.com/phoenix/news/2012/10/19/dimon-economy-would-be-booming-if.html
Cali_Democrat
(30,439 posts)Who knows what the hell kind of exotic derivatives they were trading.
Drahthaardogs
(6,843 posts)For the rest of us, it is back to the 1920's. Shall I buy my food at the company store?