Lloyd Blankfein Compares Fiscal Cliff To World War II

[unhappycamper]

http://www.huffingtonpost.com/2012/11/28/lloyd-blankfein-fiscal-cliff-wwii-world-war-ii_n_2204984.html?utm_hp_ref=business




Lloyd Blankfein Compares Fiscal Cliff To World War II
he Huffington Post
By Bonnie Kavoussi
Posted: 11/28/2012 1:59 pm EST Updated: 11/28/2012 2:15 pm EST

CEOs are springing into action to save the country, just as they did during World War II, according to the CEO of Goldman Sachs.

Lloyd Blankfein, the head of Goldman Sachs, compared CEOs' fight on Capitol Hill to avert the fiscal cliff to CEOs' contributions to World War II, in an interview with CNBC reporter Eamon Javers.

"There have been times in our history when I know the business community was very, very engaged in the affairs of our country and added a particular area of expertise that was valued at that time," Blankfein told Javers on Wednesday. "For example in the war, when it came time to increase production, of course the CEOs came down."

~snip~

Blankfein's World War II comparison may not have seemed so unusual to him. The Goldman Sachs CEO made a similar argument earlier this month in a Wall Street Journal op-ed, writing that Obama should channel FDR in repairing his relationship with the business community, which has become "strained and unproductive."

[BeyondGeography]

1. Deep thoughts

[Demeter]

2. Total BS

Blankfein sees his little extortionate schemes crashing upon the shores of Reality.

[Fuddnik]

3. And Blankfein is Der Fuhrer