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octoberlib

(14,971 posts)
Thu Jan 3, 2013, 04:28 PM Jan 2013

Had no idea Rendell was the co-chair for the steering committee of Fix The Debt

In addition to his current duties as professional-liberal-even-Joe-Sixpack-can-love on MSNBC, Ballard Spahr court jester, and corporate consigliere at Greenhill & Co investment bank, Rendell is currently co-chairing the steering committee of something called The CEO Campaign to Fix the Debt—a blue-chip cabal of 130-plus plutocrats who have anted up a $43 million kitty to fund a multimedia stealth campaign/public relations offensive to convince the turkeys to vote for Thanksgiving.

Fix the Debt is pushing for radical alterations to the tax code to legalize a hundred-plus billion dollar corporate tax dodge and pass the buck onto the middle/working/underclass in the form of deep cuts to Social Security, Medicaid and Medicare, all the while masquerading as a selfless crusade to save the nation from going over the [cue thunder and lightning] financial cliff. Bless their blackened hearts.

One of the Fix the Debt campaign’s main proposals for deficit reduction is creating a “territorial tax system” that would enable corporations to evade taxation on offshore earnings—which amounts to a combined $418 billion from the Fix the Debt member corporations—when they bring that money home, and giving themselves a $134 billion tax break,



http://blogs.phillymag.com/the_philly_post/2012/11/29/ed-rendell-fix-the-debt-ceo/
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Had no idea Rendell was the co-chair for the steering committee of Fix The Debt (Original Post) octoberlib Jan 2013 OP
I nominate it for the Committee Of Guy Whitey Corngood Jan 2013 #1
So that Livluvgrow Jan 2013 #2
Indeed, he is on the board of 'Fix the Debt.' Check out the link below. flpoljunkie Jan 2013 #3

Livluvgrow

(377 posts)
2. So that
Thu Jan 3, 2013, 04:39 PM
Jan 2013

is why that asshat was on MSNBC spewing his vile crap. He needs to be irrelevant in the Democratic party really quickly.

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