In rare show of unity, U.S. CEOs call for deficit fix

Oct 25, 2012 Full story: Reuters 45

Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.

Full Story
First Prev
of 3
Next Last
Wall Street Government

Sebastian, FL

#44 Oct 29, 2012
bottlecap wrote:
After filing the suit against Citibank in 1994, Obama had a new opportunity come his way in 1995.
http://en.wikipedia.org/wiki/Chicago_Annenber...
The Chicago Annenberg Challenge (CAC) was a Chicago public school reform project from 1995 to 2001 that worked with half of Chicago's public schools and was funded by a $49.2 million, 2-to-1 matching challenge grant over five years from the Annenberg Foundation. The grant was contingent on being matched by $49.2 million in private donations and $49.2 million in public money
The three co-authors of Chicago's winning Annenberg Challenge $49.2 million grant proposal were:
William Ayers, Anne Hallett and Warren Chapman,
The founding Board of Directors of the Chicago Annenberg Challenge as announced in 1995 were:[38][39]
Patricia Albjerg Graham
Barack Obama
Stanley O. Ikenberry
Arnold R. Weber
Raymond G. Romero
Wanda White
Susan M. Crown,
Handy L. Lindsey, Jr.
Barack Obama, elected by the Board of Directors as founding chairman and president of the Chicago Annenberg Challenge (19951999), resigned as chairman and president in September 1999 to run as a candidate in the 2000 Democratic primary for the 1st Congressional District of Illinois.
An August 2003 final technical report of the Chicago Annenberg Research Project by the Consortium on Chicago School Research said that while "student achievement improved across Annenberg Challenge schools as it did across the Chicago Public School system as a whole, results suggest that among the schools it supported, the Challenge had little impact on school improvement and student outcomes, with no statistically significant differences between Annenberg and non-Annenberg schools in rates of achievement gain, classroom behavior, student self-efficacy, and social competence.
----------
So then, almost 150 Million Dollars going to a special project to help the Chicago Public School System---the result, well the money was spent but there was "no statistically significant difference" in any catagory.
Another failure for our media-elected President.
The teabaggers are pushing for privatized charter schools:

October 24, 2012

The principal of a failed Orange County charter school took home a check for more than $500,000 as the school closed down in June and is still being paid thousands of dollars a month to wrap up the school's affairs.

The check for $519,453.36 in taxpayer money was cut to Kelly Young, principal of NorthStar High School, two days after the Orange County School Board accepted the school's plan to close in lieu of being shut down for poor performance.

Because charter schools do not have to report their principals' salaries in Florida, it is unclear how many might have contracts or salaries similar to Young's.

School boards must authorize charters but have little oversight authority once they are opened. Expanding charter schools and school choice are priorities of Gov. Rick Scott and the Republican Legislature.

According to a required annual audit of the NorthStar received by the district Oct. 1, Young is still being paid $8,700 bi-monthly to shut down the school.

The Orlando Sentinel reports ( http://thesent.nl/RNmor4 ) that Young received $824,000 in taxpayer money, including the departure payment. Meanwhile, the school spent $366,042 on instruction, including teacher salaries.

Just like the Jeb Bush store front "charter" schools, a dismal failure.

“Reverse mortgage loan Texas”

Since: Sep 12

Kingwood, TX

#45 Oct 31, 2012
WASHINGTON (Reuters)- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.

Though the list largely excludes the energy and technology sectors, an omission organizers say they are trying to fix, the U.S. corporate chiefs who did take part said it was urgent to put in place a bipartisan plan to shrink America's debt.

"We are one deal away from fixing the debt and putting our nation back on a stronger economic footing that can restore us to greater job growth," Aetna CEO Mark Bertolini said in a statement on Thursday backed by 86 other CEOs.

"If the Congress can commit to a plan outline as early as possible after the election, it will restore business confidence in our economy and investment will follow," he added.

If Congress fails to reach a deficit reduction deal by the end of the year, it will automatically trigger big spending cuts and tax increases in 2013. This so-called "fiscal cliff" would hit the still-recovering U.S. economy hard.

Economic data indicated business investment showed signs of stalling in September, a sign that worries over a possible sharp tightening in the federal budget are weighing on the economy.
jobs r endangered species

Baldwin Park, CA

#46 Nov 1, 2012
Forget about the salamanders.
WeMadeAnObamaBoo Boo

West Covina, CA

#47 Nov 3, 2012
Yes we did.
CapitalismEndang eredSpeci

Covina, CA

#48 Nov 4, 2012
libertyreverse wrote:
WASHINGTON (Reuters)- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.
Though the list largely excludes the energy and technology sectors, an omission organizers say they are trying to fix, the U.S. corporate chiefs who did take part said it was urgent to put in place a bipartisan plan to shrink America's debt.
"We are one deal away from fixing the debt and putting our nation back on a stronger economic footing that can restore us to greater job growth," Aetna CEO Mark Bertolini said in a statement on Thursday backed by 86 other CEOs.
"If the Congress can commit to a plan outline as early as possible after the election, it will restore business confidence in our economy and investment will follow," he added.
If Congress fails to reach a deficit reduction deal by the end of the year, it will automatically trigger big spending cuts and tax increases in 2013. This so-called "fiscal cliff" would hit the still-recovering U.S. economy hard.
Economic data indicated business investment showed signs of stalling in September, a sign that worries over a possible sharp tightening in the federal budget are weighing on the economy.
These guys do build stuff.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 3
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Investment Services Discussions

Title Updated Last By Comments
Goldman called clients 'muppets,' ex-executive ... (Mar '12) Jan 28 swedenforever 74
Banks Back Swap Contracts That Could Help Unwin... Jan 28 williamscharles71 2
Owner of Michael Jackson's Former Neverland Ran... Jan 17 JlNA WlLD 382
Oil at $40, and Below, Gaining Traction on Wall... Jan 15 toneyweigert 1
Chapter 7 trustee sues American Business 11:39 ... (Jun '07) Jan 14 fayebryant00 33
Broker departures accelerate at Merrill Lynch (Mar '12) Jan 12 williamscharles71 8
Former J.C. Penney CEO Ron Johnson launching a ... Jan 7 Petunia54 6
More from around the web