Reply #33: They are Benedict Arnold CEOS

[Phoebe Loosinhouse]

I agree with the premise that the phrase "Benedict Arnold CEOs" COULD have been extremely powerful. It had so much resonance that the other day those words popped back into my head when I was reading some teeth gnashing business article or the other. It has resonance because it is true.

American CEOs and their boards of directors have been solely concerned with feathering their own nests at the expense of their country and the social contract in general. Carly Fiorina gave voice to this when she said "American workers do not have a God-given right to a job" (paraphrase, can't remember the exact wording)When they offsource jobs, close factories, and lay-off employees they are able to kill off entire towns with one fell swoop. They do this in the name of "efficiencies" and "profit". But, strangely enough, they never address how their own gargantuan, bloated, parasitic salaries and options are affecting the bottom line. One of these CEO salaries could probably fund an entire plant. Then they base their American company offshore so they can avoid paying American taxes. This is just wrong. It is immoral. It is greedy and treasonous because they are killing the economic base of the country. John Kerry had it right. I'm sure they made him back off because it was so in-your-face to corporate donors.