Perhaps some way we could create a powerful third party ticket of something like Ron Paul and Feingold (or vice-versa)? Can you imagine how difficult arguing with these two principled men could be? How about the current crop of possible candidates? Can you imagine a former conservative coming out so strongly against someone so ingrained in his current party? Maybe so - I can't remember anything like this recently...
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Feingold calls for GE CEO Immelt to step down as Obama jobs chief
By David Edwards, Rawstory.com
Wednesday, March 30th, 2011 -- 1:37 pm
Former Wisconsin Sen. Russ Feingold (D) is outraged that the man that President Barack Obama has put in charge of creating jobs is the CEO of a company that paid no taxes last year.
Obama named GE CEO Jeff Immelt as the head of the President's Council on Jobs and Competiveness in January.
To make matters worse, the liberal blog ThinkProgress revealed Monday that Immelt's company plans to ask 15,000 workers to make major wage and benefit concessions.
In an email obtained by The Washington Post's Greg Sargent Wednesday, Feingold was expected to call for Immelt to give up his White House job.
"But what really adds insult to injury is the prestigious and influential position Jeffrey Immelt holds as chair of President Obama?s Council on Jobs and Competitiveness," the former Democratic senator wrote. "That's wrong."
"Someone like Immelt, who has helped his company evade taxes on its huge profits -- and is now looking to workers to take major pay cuts after his compensation was doubled -- should not lead the administration?s effort to create jobs," he added.
"We shouldn?t reward wealthy CEOs and Wall Street for behavior that undermines the nation?s economy."
"Feingold?s demand reflects a sense that there?s a large constituency on the left that is fed up with the tendency of corporatist Beltway Dems to treat corporations with kid gloves because they?re 'job creators,'" Sargent observed.
MoveOn.org was expected to join Feingold Wednesday in calling for Immelt to step down.
Feingold's full letter to supporters follows:
http://www.rawstory.com/rs/2011/03/...-ceo-immelt-to-step-down-as-obama-jobs-chief/
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Feingold calls for GE CEO Immelt to step down as Obama jobs chief
By David Edwards, Rawstory.com
Wednesday, March 30th, 2011 -- 1:37 pm
Former Wisconsin Sen. Russ Feingold (D) is outraged that the man that President Barack Obama has put in charge of creating jobs is the CEO of a company that paid no taxes last year.
Obama named GE CEO Jeff Immelt as the head of the President's Council on Jobs and Competiveness in January.
To make matters worse, the liberal blog ThinkProgress revealed Monday that Immelt's company plans to ask 15,000 workers to make major wage and benefit concessions.
In an email obtained by The Washington Post's Greg Sargent Wednesday, Feingold was expected to call for Immelt to give up his White House job.
"But what really adds insult to injury is the prestigious and influential position Jeffrey Immelt holds as chair of President Obama?s Council on Jobs and Competitiveness," the former Democratic senator wrote. "That's wrong."
"Someone like Immelt, who has helped his company evade taxes on its huge profits -- and is now looking to workers to take major pay cuts after his compensation was doubled -- should not lead the administration?s effort to create jobs," he added.
"We shouldn?t reward wealthy CEOs and Wall Street for behavior that undermines the nation?s economy."
"Feingold?s demand reflects a sense that there?s a large constituency on the left that is fed up with the tendency of corporatist Beltway Dems to treat corporations with kid gloves because they?re 'job creators,'" Sargent observed.
MoveOn.org was expected to join Feingold Wednesday in calling for Immelt to step down.
Feingold's full letter to supporters follows:
http://www.rawstory.com/rs/2011/03/...-ceo-immelt-to-step-down-as-obama-jobs-chief/
