Fri Nov 23, 2012, 07:51 AM
marmar (63,321 posts)
Gangster CEO cabal lobbies Congress for austerity
What Capitalists Want for Christmas
Posted on Nov 22, 2012
A group of CEOs led by Macy’s Terry Lundgren calling itself the Fix the Debt coalition is hoping for a deficit-busting austerity budget this holiday season—not a program to create American jobs.
Why? Because high unemployment “keeps their workers in check” by driving up competition for jobs, writes Lynn Stuart Parramore at AlterNet. To that end, the executives are holding town halls, lobbying members of Congress and “otherwise throwing their weight around.”
The 1 percenters involved in Fix the Debt include Lloyd Blankfein, chairman and CEO, Goldman, Sachs & Co.; James Gorman, chairman, president and CEO, Morgan Stanley; Jamie Dimon, chairman and CEO, JPMorgan Chase & Co.; Jeffrey Immelt, chairman and CEO, General Electric Co.; Brian T. Moynihan, president and CEO, Bank of America Corp.; and Josh Bekenstein, managing director, Bain Capital.
—Posted by Alexander Reed Kelly.
Lynn Stuart Parramore at AlterNet:
"For to be free is not merely to cast off one's chains, but to live in a way that respects and enhances the freedom of others." -- Nelson Mandela
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Gangster CEO cabal lobbies Congress for austerity (Original post)
Response to marmar (Original post)
Fri Nov 23, 2012, 09:02 AM
IDemo (12,872 posts)
3. This entire crew needs to be on a chain gang
Since that's what they seek for the American citizen.
“You can always count on the Americans to do the right thing, once they’ve exhausted all other options.” - Winston Churchill