CEOs find new friend in Obama

[Enrique]

http://thehill.com/homenews/administration/132819-ceos-find-new-friend

Corporate chief executives who have been disappointed in the Obama administration are suddenly singing a different tune.

Ivan Seidenberg, the Verizon CEO who just months ago criticized President Obama’s policies as a threat to business, on Wednesday said Obama “has shown a willingness to learn.”

“The things that occurred in the past of couple days are extraordinary,” Seidenberg, chairman of the Business Roundtable, told a Washington news conference on Wednesday.

Seidenberg was remarking on the White House’s embrace of a huge tax package and progress on a trade deal with South Korea that had been stalled for years. Both measures give business a chance to increase profits through lower taxes and crumbling trade barriers.

(...)

[Phx_Dem]

1. Good. When the market goes up, so does my 401(k) and investment

portfolio.

[niceypoo]

2. Until the bubble bursts

The economy cannot take another bubble

[Phx_Dem]

4. It did burst 2 years ago. I lost quite a bit, but have gained nearly every

dollar back. When the market tanks, the people who truly lose money are those that take their money out. Leave it in and you get it all back. Market history proves this to be true.

[niceypoo]

7. The HOUSING bubble burst, the stock market bubble burst in 1929

Have people gained their homes back? No, they have lost them. Have people gained their jobs back? No, they are still losing them.

Bubbles are based on speculation, not reality. Bubbles are based on things that do not exist in the real world. That is why the economy collapses when bubbles burst, * see 1929 & 2008.

Sorry, I dont buy into greed-o-nomics.

[avaistheone1]

3. Must be good for your war stocks too.

http://carterseddon.com/LATE%20WINTER,%202009/homeless-man-w-office-furniture.jpg

[Phx_Dem]

5. WTF are you even talking about? That makes no sense at all. n/t

[frylock]

6. you got yours..

fucking awesome.

[BlueIris]

8. Nice rationalization.

Enjoy it while it lasts.

[DirkGently]

9. "A willingness to learn?" Translation: "A willingness to do as you're told?" Disgusting.

[gateley]

10. Increase profits. That'll help us all, I'm sure.

:puke: