Bernie Sanders calls out 18 economy wrecking CEOs

[RW]

Senator Sanders, in his no-nonsense approach, released a report identifying 18 CEOs responsible for wrecking the economy.



In response to 80 CEOS recently publishing a letter on the Wall Street Journal lecturing America about deficit reduction and urging them to "act on the deficit and reform Medicare and Medicare," Sanders had the following to say:



There really is no shame. The Wall Street leaders whose recklessness and illegal behavior caused this terrible recession are now lecturing the American people on the need for courage to deal with the nation's finances and deficit crisis. Before telling us why we should cut Social Security, Medicare and other vitally important programs, these CEOs might want to take a hard look at their responsibility for causing the deficit and this terrible recession.



Our Wall Street friends might also want to show some courage of their own by suggesting that the wealthiest people in this country, like them, start paying their fair share of taxes. They might work to end the outrageous corporate loopholes, tax havens and outsourcing provisions that their lobbyists have littered throughout the tax code – contributing greatly to our deficit.



Many of the CEO's who signed the deficit-reduction letter run corporations that evaded at least $34.5 billion in taxes by setting up more than 600 subsidiaries in the Cayman Islands and other offshore tax havens since 2008. As a result, at least a dozen of the companies avoided paying any federal income taxes in recent years, and even received more than $6.4 billion in tax refunds from the IRS since 2008.



Several of the companies received a total taxpayer bailout of more than $2.5 trillion from the Federal Reserve and the Treasury Department.



Many of the companies also have outsourced hundreds of thousands of American jobs to China and other low wage countries, forcing their workers to receive unemployment insurance and other federal benefits. In other words, these are some of the same people who have significantly caused the deficit to explode over the last four years.



CEOs called out include those from Bank of America, Goldman Sacs, JP Morgan Chase, GE, Verizon, etc.



Read More: http://www.trueactivist.com/18-ceos-called-out-by-bernie-sanders-for-taking-trillions-in-bailouts-evading-taxes-and-outsourcing-jobs/">http://www.trueactivist.com/18-ceos-cal ... cing-jobs/">http://www.trueactivist.com/18-ceos-called-out-by-bernie-sanders-for-taking-trillions-in-bailouts-evading-taxes-and-outsourcing-jobs/



About time someone said it.

[Anonymous]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

[RW]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

Seems the CEOs don't have any trouble wrecking shit all on their own there Shen.

[Anonymous]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

Seems the CEOs don't have any trouble wrecking shit all on their own there Shen.

I would take any CEO including the failed Carly Fiorini over that idiotic nincompoop. He would be very bad for Canada. Even worse than Obongo.

[RW]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

Seems the CEOs don't have any trouble wrecking shit all on their own there Shen.

I would take any CEO including the failed Carly Fiorini over that idiotic nincompoop. He would be very bad for Canada. Even worse than Obongo.

At what point do we take a look at these companies that are running our countries into the economic ground?

[Anonymous]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

Seems the CEOs don't have any trouble wrecking shit all on their own there Shen.

I would take any CEO including the failed Carly Fiorini over that idiotic nincompoop. He would be very bad for Canada. Even worse than Obongo.

At what point do we take a look at these companies that are running our countries into the economic ground?

The US is one of the few Western economies that isn't being run into the ground. Actually, the Anglo economic model is holding up pretty well when compared to Europe/Japan. Bernie Sanders is an idiot and wants to copy failures.

[RW]

Bernie Sanders would be the biggest economy wrecking CEO if elected prez. FUCK HIM!!

Seems the CEOs don't have any trouble wrecking shit all on their own there Shen.

I would take any CEO including the failed Carly Fiorini over that idiotic nincompoop. He would be very bad for Canada. Even worse than Obongo.

At what point do we take a look at these companies that are running our countries into the economic ground?

The US is one of the few Western economies that isn't being run into the ground. Actually, the Anglo economic model is holding up pretty well when compared to Europe/Japan.

"According to the Department of Labor, roughly 8.7 million jobs were shed from February 2008 to February 2010, and GDP contracted by 5.1%, making the Great Recession the worst since the Great Depression."



Did you miss this?

[Anonymous]

Bernie Sanders quipped "You don't necessarily need a choice of 23 underarm spray deodorants when children are hungry in this country."



Why does Bernie single out CEO's? Why not the Kardashian clan? I would love to redistribute their wealth to well, anyone.

[Romero]

[RW]

Bernie Sanders quipped "You don't necessarily need a choice of 23 underarm spray deodorants when children are hungry in this country."



Why does Bernie single out CEO's? Why not the Kardashian clan? I would love to redistribute their wealth to well, anyone.

Are the Kardashians bitching about the economy while not paying taxes and accepting bailouts?



I didn't think so.

[Anonymous]

Bernie Sanders quipped "You don't necessarily need a choice of 23 underarm spray deodorants when children are hungry in this country."



Why does Bernie single out CEO's? Why not the Kardashian clan? I would love to redistribute their wealth to well, anyone.

Are the Kardashians bitching about the economy while not paying taxes and accepting bailouts?



I didn't think so.

They just use massive amounts of water while California dries up. Why would the K Klan bitch about the economy? The make huge amounts of money for doing nothing, pay their employees low wages, pay low taxes and contribute zero to the community. Overpaid actors and entertainers the problem, not CEO's.

[RW]

Read the article.  Sanders called CEOs out after they botched about the economy.  Sanders merely stated that they take and take but don't pay their share.

[Anonymous]

Bernie Sanders needs to pull his head out of his hypocritical ass. He should start hating on his overpaid Hollywood celebutard friends, but that would be biting the hand that feeds him.



CEOs Don't Make Jack Compared To Athletes

Everyone loves to hate CEOs. They make too much money. They take too many risks.



Allegedly they don't even do that much; they just talk BS and hype their stock price.



So they're overpaid. Maybe.



But what about star atheletes? They're able to make boatloads of money, too. The highest earning sports stars make far more than the most controversial CEOs, at least in annual cash comp.



And what do sports players do? In the end, they just hit a ball, make tabloid news, and sell out to sponsors. Real productive.



So if you're going to hate CEOs, at least spare some for atheletes, too.  Because if you look closely you'll realize that many athletes have their own over-hyped personality scam going on.

But the point to really bear in mind is that nobody decides how much people get paid. The market does. So even if we scream about who deserves what, it's really not a moral issue. It just is how it is.

http://www.businessinsider.com/sports-stars-are-way-more-overpaid-than-ceos-2009-11/10-in-2008-alex-rodriguez-hit-a-ball-for-35-million-1">http://www.businessinsider.com/sports-s ... -million-1">http://www.businessinsider.com/sports-stars-are-way-more-overpaid-than-ceos-2009-11/10-in-2008-alex-rodriguez-hit-a-ball-for-35-million-1

[RW]

I don't think athletes and celebrities should be paid as much as they are but what does that have to do with the point?



Again, entertainers aren't taking bailouts.  They don't tank the economy.  They pay taxes.



Read the article.

[Anonymous]

When will Bernie call out these overpaid celebutard wankers. Oh wait, they are the biggest supporters and contributors to the jackass party. Need to find a new enemy.

Oprah made three times as much as the top CEO of 2011?  Tyler Perry made more than the top CEO?   Lady Gaga made about the same as the top CEO?  Are their careers more important than the average CEO? Why are they not greedy (instead they are loved by the masses), but CEO's are greedy and evil and wrong?  Justin Bieber, ranked number 26 on the celebrity list made more money at the age of 17 than all, but the top 3 CEO's?    I'd love to see the top 1% with a breakdown of business CEO's vs Celebrity actors, musicians, athletes, etc...but I have yet to read (or find) such a report or article.  It appears the cream of the crop for the 1% is easily Hollywood.

http://www.istockanalyst.com/finance/story/5505172/compensation-ceo-vs-celebrities-occupy-wallstreet">http://www.istockanalyst.com/finance/st ... wallstreet">http://www.istockanalyst.com/finance/story/5505172/compensation-ceo-vs-celebrities-occupy-wallstreet