BREAKING: Santa’s naughty list of budget-cutting CEOs obtained by Working Washington

*** FOR IMMEDIATE RELEASE ***
Contact: Sage Wilson, Working Washington –  sage@workingwa.org

“Naughty list” names budget-cutting CEOs who will receive hundreds of lumps of coal tomorrow in downtown Seattle

As Congress debates the “fiscal cliff” this holiday season, Santa’s 99% helpers will leave lumps of coal at companies whose CEOs are pushing for cuts to Medicare, Medicaid, and Social Security

NORTH POLE & SEATTLE – As Congress threatens to make deep budget cuts as part of the debate over the so-called “fiscal cliff”, a high-ranking source in the Claus Administration who was not authorized to make a statement on the record has provided Working Washington with a copy of a scroll containing correspondence between Santa and his elves.

The document — believed to be Santa’s official naughty list — names 3 CEOs whose corporations will receive lumps of coal in downtown Seattle tomorrow: Macy’sJP Morgan Chase, and Bank of America. The CEOs of these companies earned their naughty distinction because they have called on Congress to cut their tax rates this holiday season by billions of dollars — and pay for it by making deep cuts to Medicare, Medicaid, and Social Security.
The letter is copied below:
Dec. 2012

To: Elves
Re: Very naughty! (partial list)

It’s Lumps of Coal again this year for the CEOs of MACY’s, CHASE BANK, and BANK OF AMERICA.

These CEOs are demanding that the U.S. Congress lower tax rates for rich one-percenters like them, while passing Huge Budget Cuts that hurt the rest of us. How Grinchy!

So check this list twice–no toys for these bad boys:

Brian Moynihan, Bank of America
$2.5 billion corporate tax cut

Terry Lundgren, Macy’s
$1.9 million personal tax cut

Jamie Dimon, JP Morgan Chase
$4.9 billion corporate tax cut

– Santa

Per Santa’s clear instructions, his 99% helpers will deliver lumps of coal tomorrow to Seattle outlets of these naughty, greedy, budget-cutting corporations:

When: TOMORROW: Wednesday, December 12, 2012 at 12:00 noon

WhereGather at Westlake Park, then proceed to local outlets of Macy’s, Chase, and Bank of America to deliver lumps of coal by the wheelbarrow-full.

What/visuals: People affected by the budget cuts being proposed in Congress will deliver lumps of coal by the wheelbarrow-full to corporations whose naughty CEOs are pushing Congress to cut tax rates on the rich and pay for it by cutting Social Security, Medicare, Medicaid, and other programs. Santa Claus will attend with a giant naughty list naming the CEOs pushing for budget cuts. Each lump of coal being delivered represents one of hundreds of names on a petition calling on our elected officials to stand with the people, not the CEOs, and give us what we voted for: jobs, not cuts.

More information
Click here to read Santa’s Naughty List naming budget-cutting CEOs.
* A recent report by the Institute for Policy Studies titled “The CEO campaign to ‘Fix’ the Debt: A Trojan Horse for Massive Corporate Tax Breaks” showed how corporations & CEOs would profit greatly from their budget proposals.
* The Wall Street Journal published a list of corporate CEOs who urged Congress to cut tax rates and slash critical programs.

###

There are no comments yet. Be the first and leave a response!

Leave a Reply

Wanting to leave an <em>phasis on your comment?

Trackback URL http://www.workingwa.org/2012/12/11/breaking-santas-naughty-list-of-budgetcutting-ceos-obtained-by-working-washington/trackback/