Friday, August 17, 2012

Today's CEOs are People Without Virtue or Honor

From the HuffPo Hill newsletter: "The Heritage Foundation has discovered another example of President Obama helping poor people slide into lives of sinful dependency, this time by waiving food stamp time-limits for able-bodied adults who have been unable to find jobs. If only Americans would just get back to work already, America's future would be so much brighter!"

The right-wing Heritage Foundation reports that "the number of able-bodied adults without children on food stamps has doubled, increasing from 1.7 million people in 2009 to 3.9 million in 2010."

Maybe the Heritage Foundation has never heard of the Great Recession, a historic time in American history when millions of Americans were laid off from their jobs through no fault of their own because of greed in the financial industry.

The Heritage Foundation's biggest concern seems to be, not so much about poor or hungry Americans, but about the scheduled modest cuts in spending to the military-industrial complex. They write, "Defense would bear as much as 43 percent of total sequestration cuts, even though it makes up only about 11 percent of total federal spending." (What? Only 11%?)

They go on to complain that, "On the other hand, entitlements, which comprise over half of all federal spending and are the fastest growing part of the budget, would remain essentially untouched, receiving only 15 percent of the cuts. But this would be a reduction of less than 1 percent of all entitlement spending."

OK, so let me get this straight: It's more important to Heritage Foundation to keep the CEOs in the defense industry fat and happy with their multi-million dollar salaries every year, at the expense of poor and hungry American children?

Are the poor, disabled, elderly, retired and homeless people in this country so concerned about a foreign invasion, that they'd rather build more tanks, jets and submarines, rather that have food, shelter, and healthcare?

But this type of corporate greed (enabled by crooked politicians who are influenced by right-wing "think tanks) hasn’t always been popular in Western societies. Societies in medieval Europe would find this type of greed today “blatantly selfish economic behavior,” says Stanford University historian Linda Stokes, “and simply unacceptable.”

What would the entrepreneurs of those medieval times think of our contemporary CEOs today? Observes the Stanford researcher, “A medieval businessman would surely be impressed by the successes of his modern descendants, but he would also despise them as men without honor or virtue.”

Here's a short list of those people "without honor or virtue" that I despise.

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