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Showing Original Post only (View all)They are begging us to go all 18th century France on them........ [View all]
WASHINGTON -- The corporate CEOs who have made a high-profile foray into deficit negotiations have themselves been substantially responsible for the size of the deficit they now want closed.
The companies represented by executives working with the Campaign To Fix The Debt have received trillions in federal war contracts, subsidies and bailouts, as well as specialized tax breaks and loopholes that virtually eliminate the companies' tax bills.
The CEOs are part of a campaign run by the Peter Peterson-backed Center for a Responsible Federal Budget, which plans to spend at least $30 million pushing for a deficit reduction deal in the lame-duck session and beyond.
During the past few days, CEOs belonging to what the campaign calls its CEO Fiscal Leadership Council -- most visibly, Goldman Sachs' Lloyd Blankfein and Honeywell's David Cote -- have barnstormed the media, making the case that the only way to cut the deficit is to severely scale back social safety-net programs -- Medicare, Medicaid, and Social Security -- which would disproportionately impact the poor and the elderly. .....................(more)
The complete piece is at: http://www.huffingtonpost.com/2012/11/25/deficit-reduction-council-fiscal-cliff_n_2185585.html
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I will gladly aide the first enshackled CEO who wanted me to be a vitual slave to the platform.
caveat_imperator
Nov 2012
#8
I thought it was on when those French and Chinese billionaires were murdered NT
SunnyBaudelaire
Nov 2012
#13
Sure can't count on the Democratic Party to do it anymore when so-called "Democrats" are in on it.
forestpath
Nov 2012
#15
Yes, but they have their legions of Faux-fed morons to support and shield them.
The Doctor.
Nov 2012
#27
Actually, the wealthy was afraid of revolt in the early 1900's and that ended up changing things.
Michigan Alum
Nov 2012
#31