I don’t like protesters going into neighborhoods and I really don’t like them going to homes. However, the Wall Street protesters have decided to target some executives’ homes and I came up with a list of potential “corruptees.”
Here are my ten suggestions for the Wall Street protesters and my reasons each target is on the list:
- (1) Warren Buffett—called for tax hikes but allegedly dodged paying taxes to the tune of $1 billion on Berkshire Hathaway! That’s 1 billion Buffett’s president could really use right now to create a dozen or so new jobs.
- Labor union officials (2) Liberato "Al" Naimoli and (3) Charles LoVerde III (Chicago—where else?) for outrageous benefits totaling millions their members will never enjoy. How about triple dipping on your pension while the local government stands by and permits it rather than representing the interests of the people who elect them?
- (4) Sec. of Treasury Tim Geithner—for tax dodging on personal returns, for his role in the meltdown and for his general lack of competence at his job. Gretchen Morgenson, author of the bestseller ‘Reckless Endangerment,’ called Geithner a “feckless regulator.”
- (5) Solyndra executives for blowing $535 million in taxpayer money and then pleading the 5th amendment when asked where the money went.
- (6) SunPower executives for Solyndra-like behavior and an even bigger taxpayer funded loan.
- Members of President Barack Obama’s (7) Jobs Council described by ABC as having “lost” 91,000 US jobs. Translation: these executives deleted employees to buff up financial reports. Megalith-sized companies do this knee-jerk style, sometimes on a monthly basis. A number of companies these executives worked for collectively outsourced hundreds of thousands of US jobs.
- Former select (8 & 9) cronies of President Barack Obama from Fannie Mae and Freddie Mac. These execs got millions in bonuses and they got those millions (allegedly) because of fraudulent accounting. A private sector CEO would be in jail. Instead some of those execs were key in Obama’s election and some went to work for him afterwards.
If you’re protesting greed and corruption—if you’re angry over the power of a few exerting control over the many—you really need to have a sit-down with Obama. His policies are adversarial in the market. This administration has killed or jeopardized jobs in the Gulf oil drilling sector, at Gibson Guitar factories, at Boeing and Sallie Mae. Those are but a few examples.
If the protesters are honest and sincere, they will acknowledge government’s role in corruption and cronyism and they will acknowledge that the Democrats singing protesters’ praises were part and parcel to that corruption and cronyism.
As for the tenth target, I’d (10) Rep. Nancy Pelosi would hand out cookies to protesters who show up at her home. Perhaps Pelosi will tell the kids a tale about her brother-in-law’s $737 million taxpayer funded loan. Yeah.
(Commentary by Kay B. Day/Oct. 12, 2011)
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