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Sun Nov 25, 2012, 11:36 PM

Say Hello to the Enemy.... Game On Motherfuckers!! [View all]

Last edited Mon Nov 26, 2012, 05:26 PM - Edit history (3)

(on edit: I put the word 'Motherfuckers' back into the OP headline... the general consensus if that, in this case, the word Motherfucker is, most definitely appropriate)

This Article at Huffpo, if you haven't seen it already, is blowing up all over facebook and twitter....





I Have seen several posts over the last ten days or so on DU as well on the same topic... this article however, is putting some fuel to the fire and is starting to stir up some well deserved outrage.

CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks

link to article



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 (see pdf pages below listing memebrs) -- 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.

As part of their push, they are advocating a "territorial tax system" that would exempt their companies' foreign profits from taxation, netting them about $134 billion in tax savings, according to a new report from the Institute for Policy Studies titled "The CEO Campaign to ‘Fix’ the Debt: A Trojan Horse for Massive Corporate Tax Breaks" -- money that could help pay off the federal budget deficit.

Yet the CEOs are not offering to forgo federal money or pay a higher tax rate, on their personal income or corporate profits. Instead, council recommendations include cutting "entitlement" programs, as well as what they call "low-priority spending."

more

Here is the LIST of all of the CEO's who will do anything to continue to steal from us:











Here is their Bullshit Website http://www.fixthedebt.org/

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trailmonkee Nov 2012 OP
NYC_SKP Nov 2012 #1
kelliekat44 Nov 2012 #170
Kaleva Nov 2012 #2
trailmonkee Nov 2012 #3
Kaleva Nov 2012 #5
trailmonkee Nov 2012 #12
RepublicansRZombies Nov 2012 #27
WinkyDink Nov 2012 #67
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arthritisR_US Nov 2012 #45
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trailmonkee Nov 2012 #74
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JDPriestly Nov 2012 #88
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lonestarnot Nov 2012 #167
trailmonkee Nov 2012 #84
RepublicansRZombies Nov 2012 #126
trailmonkee Nov 2012 #131
trailmonkee Nov 2012 #144
Zorra Nov 2012 #171
2naSalit Nov 2012 #8
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calimary Nov 2012 #113
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freshwest Nov 2012 #122
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trailmonkee Nov 2012 #158
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