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Date: 2024-10-19 Page is: DBtxt001.php txt00001499

Politics (US), Society and Economics
Social Activism

Obama's jobs' council irks protesters ... 'Occupy Wall Street' demonstrators baulk at background of executives from some of the largest corporations in US.

COMMENTARY
This is a comment I have made regarding the story below:

Corporate behavior has been good for investors but not for workers in US and Europe and this will be the norm until there are metrics about corporate performance that go beyond profit and stock prices. All corporate executives put profit before people and planet when making critical decisions, even when their PR says otherwise. Occupy will get this changed in time because it has already resulted in gutting the US economy and will do the same eventually with the world economy. @truevaluemetric

Peter Burgess

Obama's jobs' council irks protesters ... 'Occupy Wall Street' demonstrators baulk at background of executives from some of the largest corporations in US.

After failing to win the support of the Senate, a multi-billion dollar jobs bill created by US President Barack Obama also appears to be lacking support on the streets.

From Boston to Washington and New York, members of the now nation-wide movement originally known as Occupy Wall Street, do not see Obama's planned taxing of millionaires as an answer to their economic demands.

One reason for this lack of faith in the bill, which was also voted down by two members of the president's own party, may be the background of the heads of Obama's jobs' council, a collection of executives from some of the nation's largest corporations.

Many members of the council have failed to pay taxes on massive profits they have made, in part by laying off thousands of US workers.

Al Jazeera's Patty Culhane reports from Washington.

Source: Al Jazeera


AlJazeera English Americas
Last Modified: 12 Oct 2011 16:07
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