Posted on 07/14/2017 12:03:06 PM PDT by Responsibility2nd
NEW YORK — Since President Trump’s election, Jamie Dimon has emerged as one of Wall Street’s most prominent voices in Washington. The chief executive of JPMorgan Chase serves on the White House business advisory council and is chairman of the powerful Business Roundtable.
But in a series of calls on Friday to discuss the big bank’s quarterly profits, Dimon vented his frustration with gridlock in Washington. “It’s almost embarrassing being an American citizen … and listening to the stupid s— we have to deal with in this country,” Dimon said in one conference call. The inability to make headway on significant legislation is “holding us back and it is hurting the average American. It isn’t a Republican issue; it is not a Democratic issue.”
Dimon has resisted calls from shareholders to he step down from Trump’s business council and fell short of criticizing the Republican on Friday. “We have become one of the most bureaucratic, confusing, litigious societies on the planet,” he said. ” … And at one point we all have to get our act together or we won’t do what we’re supposed to do for the average Americans.”
(Excerpt) Read more at washingtonpost.com ...
I had the same first reaction you did when I read the title. But read the article.
Good points!
“Dimon noted that he had recently traveled to several countries, including France, Argentina and Israel, and met with the prime ministers of India and China. “It’s amazing to me that every single one of those countries understands that practical policies that promote business and growth is good for the average citizens of those countries for jobs and wages,” he said. “Business doing well is good for the citizens of the country.”
Hmmm....what a novel idea. But it may not appeal in the US, as we’ve apparently got other fish to fry.
American citizen to CEO of JP Morgan: FO, ESAD!
The headline was fully intended to deceive and mislead the reader.
We're all hoping Trump's team can eventually start to turn around the monstrous bureaucracy known as the Federal government.
Please read the article. He makes some good points.
agreed- i posted this an hour ago and advised everyone to get past the title and read the article:
http://www.freerepublic.com/focus/news/3569242/posts?page=8
I understand Dimon’s point - but he doesn’t seem to grasp that his Primary Dealer banking friends and the Federal Reserve have, with printed, fiat money, and manipulated interest rates - enabling almost unlimited government debt - have created and support the social and political climate he now decries.
Seriously, he should be in prison.
JP Morgan one of the top donors to Hillary’s campaign. And now he says he is embarrassed to be an American citizen. Yeah right, like I’m going to believe a word he says. POS
Read the article.
Maybe jamie is more comfortable being an ass-bitch for some eurotrash globalist socialist shitbag.
It’s no secret that most of the American business magnates are just smitten over their european socialist turd poker comrades.
Luckily, all of them combined don’t have enough testosterone to overthrow a greek orgy, let alone an entire country like the US.
This is of course simply shouting into the wind. It is what we all do here. Scream at the wind until we are worn out and we know it does no good but we do hold out hope someone will hear us and do something intelligent and helpful.
Trouble is, there is no help coming. The game is rigged and the ones who have made the rules are enforcing the rules so that only they can win the game. The consent of the governed has been given away or taken and so we are only the governed.
Trump can’t win in six months or six years. Maybe six decades? Reagan made little progress for two years. I guess I will keep shouting at the wind and keep hoping though it is really foolish.
This is a very good article on how business sees the problem, as a businessman for 40 years I totally agree with him.
I read the article as some of you have professed. It moved me so and, as such, I will re-read it in the morning on the throne.
No idea why anyone is enthralled.with this insider’s blather...
Yep.
Why doesn’t this “elite” self-exile???
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