CEO: Cashing Everything Out
Josh Marshall asked for a catchphrase to replace golden parachutes. Well, I think we just need to redefine the abbreviation. These thieves are CEO, Cashing Everything Out. It's a vivid description of someone leaving the poker table with their winnings rather then playing the game until the end. Joe the Plumber may not get it, but it's because he is willfully blind and is focused on how UAW members still have a chance at a pension. He' sees the pension as the problem rather then the broken promise. After all, there are thousands of lone workers who lost their pensions, so why is the UAW so special. Indeed! Answer that question honestly and maybe we will see unions growing again.
PS - How many of the CEOs are Republicans and how many are Democrats? It might be interesting to see the proportions. First, I would guess that it would favor Republicans enormously, and second, that there are Democrats at the top of some corporations might surprise some people. I am sure there are some taking the money and running on both sides.





This could be a Daily Show segment. Ha!
November 20, 2008 2:49 PM | Reply | Permalink