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-- the nation's leading -- not feeling so forgiving these days about president Obama's economic recovery plan -- down right -- even at a game.
And it's a bad situation is quickly turning worse and then turning and with me now the guy who monitors them better than anyone I know JP -- -- Our chief executive -- outstanding magazine one these guys thinking entity.
How -- thinking they're very -- right.
They see nothing.
But bad news and but more importantly they don't see anything encouraging.
All they see -- spending spending spending and what they don't say they would like to see is some kind of incentives.
I wrote a column recently called the assault on growth.
Because everywhere which you ought to be seeing some sort of incentive to grow the business to put capital at risk and none of that is happening.
Or you see it's more spending.
And what is the president doing he's pushing for a colossal change in health care and in fact what's really need is is to reform the banking system.
So another words he's sort of not that helped here's an important but it's not earned the urgent thing to do that well certainly that could wait a few months to -- sort this out I have children number's CEOs are saying that very point -- think he's on the right track with some of these long term issues he wants to address they just don't like the fact he's doing a mall -- -- I.
Well this is the Rahm Emanuel excuse you know capitalize on the on me on a crisis together of other stuff done.
Yeah but you crisis would be for you right I mean do you think and believe when the administration says we don't pay attention -- Wall Street.
You can't tell me that every day they're not looking at Wall Street and -- like cash.
Oh that's they're putting a brave face on it obviously.
They have to because now more than ever in the past the average person is deeply invested through 401 -- and other pension and devices.
In the stock market and people -- people on your staff.
Are looking at their 401 -- and saying what the hell happened here.
And you know they're looking to find some.
Well look look when I took to the White House about this -- -- say when it's you know virginity to -- and then the people he not split not even.
On that Republicans there there there of their very conservative folk who while they want to tax cuts they.
The last thing they want to see their taxes rise of the just greedy selfish SOB so you are never going to be happy not you -- stress not you.
What do you make of that -- I -- that's really false positive because Brosius.
Make enough -- not really worried about their own personal tax structure so much as -- worried about the incentives.
And whether they must be worried about reining in on these salaries and compensation being older that it isn't sort of like us out of about well -- annoyed at the gratuitous shot at.
Trying to cap CEO salaries now for example -- not at all annoyed.
They're going after people who had ten -- over the serve for the committing fraud.
Those people if they are indictable should be and I didn't you know from two wolves but it's affecting their -- -- -- -- Dziena.
The fancy evidently the Austin taste to -- -- -- it's gone so now they don't you wanna show averaged.
I'll give you an example we have a feature on executive life on second homes in the Caribbean right.
Banking CEO called -- said please don't use my name accept that.
And our bank has got his taken TARP money and are all over us you know like with the chiefs and no show -- -- show's success.
Salute your guys are gone to the Poconos that next spring and -- also kind of my -- -- what would change.
The effect that you need something that would instill confidence something concrete is being done let me advance an idea.
Something as simple Levys and simple minded is this about our President Obama word or advising him -- say look let's get together.
A couple of guys Jack Welch Jim kilts formally Gillette right maybe Donald -- -- -- well you -- -- -- And have them pick three lieutenants each and go to the banking system and divided into treated like -- -- certain medical surges in the battlefield say.
This third we can't help let it go right to the wall bankruptcy this third and can can solve its own problems and its own management.
And to the market mechanisms in the last third.
Or stuff -- can do to help interest if the group if if the investors saw that real professionals.
A ruthless and making those decisions were at.
The whole center they're trying to fix this problem -- -- confidence boost right away Donaldson -- in the meantime.
Things tough for -- because you're doing you know but people set -- advertisements and it's not looking good.
On not getting JP -- chief executive magazine it is a great -- one of these guys are feeling and JP was --
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