JPMorgan CEO Dimon: Cut My Bank’s Tax Rate And Gut Social Security And The Economy Will Boom!

[Report1212]

Will unicorns also fly out of his mouth?

--
If there’s one group of people that love the Simpson-Bowles plan to cut Social Security and Medicare benefits while lowering the corporate tax rate, it’s billionaires and corporate CEO’s.

Take JPMorgan Chase’s 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]

1. break up jpmorgan and get rid of dimon and the American people will sleep better

[aletier_v]

5. Exactly. Replace Dimon with ME for $250K per year.

Or YOU.

or ANYBODY ELSE.

[geckosfeet]

2. Uh huh. And what happens after they piss away all that money?

What do they come after to steal from the people next? Whose country do they invade?

[Risen Demon]

3. Yeah, it will boom alright

Then form an economic crater of cataclysmic proportions.

[Octafish]

4. It's past due for Dimon to experience AUSTERITY.

San Quentin or Basram, as long as it's for the rest of his natural days, it doesn't matter.

[Whovian]

8. Plus one.

[1StrongBlackMan]

6. I think they miss heard him ...

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]

7. I read the original article, and this article really twists what he said

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]

9. Didn't this guy recently have billions in trading losses?

Who knows what the hell kind of exotic derivatives they were trading.

[Drahthaardogs]

10. Yeah for you assholes it will.

For the rest of us, it is back to the 1920's. Shall I buy my food at the company store?

[OldDem2012]

11. The tax cuts and the funds from the eliminated SS will go into the pockets of the top 1%. nt.