It's alive!
The pundit panel on MTP was discussing the impact the economy will have on the 2012 election, and out of nowhere, one of the panelists, Tom Brokaw, blurted out:
Simpson-Bowles! Jamie Dimon said Simpson Bowles!
For context I will condense the conversation:
Moderator Gregory wants to know who agrees with him that who provides a bridge in this election is the centerpiece:
DAVID GREGORY:
And Diane, as well, in terms of economic-- the effect of President Obama's economic policy. So this question of who is the bridge to a more durable economic recovery, seems to me, to be, you know, the centerpiece of this election.
Tom Brokaw says he and Chuck Todd have been travelling the country and 'the country' does not have a lot of enthusiasm for either candidate, and 'the country' feels excluded from the process because of the extremism of the two parties.
DIANE SWONK:
Things are terrible but it's everybody's fault. If you sat Democrats and Republicans down in a room with no press, they'd figure out how to reduce the deficit. Which is what America wants. Even my kids could do it.
TOM BROKAW:
There's a nascent movement to keep your eye on, to dust off Simpson Bowles. Jamie Dimon, the head of Chase Manhattan, he came out and said 'Simpson Bowles'. 'A lot of tough medicine there'.
ZOMG! Jamie Dimon said Simpson Bowles! This barely warranted a mention in any news media this week but Tom Brokaw dutifully reported something that Jamie Dimon said at a conference at Rochester University where he received the 'Executive of the Year Award'.
Jamie Dimon did his thing, and people liked it. The chairman and CEO of what many consider to be the best bank in the U.S. came out guns blazing and touched on every issue related to regulation and banking.
Dimon was speaking his mind Thursday at a a conference put on by the Simon School at the University of Rochester, where he received the “Executive Of The Year” award. The head of JPMorgan Chase expressed support for the Simpson-Bowles bipartisan budget plan, echoing earlier remarks at the event on the latter point made by General Electric chief Jeff Immelt...asking the Obama Administration, Republicans, and everybody to unite and “get [things] done.”
Jamie Dimon -
one of the few Wall Street CEOs that came out of the crisis with his reputation enhanced.
Jamie Dimon -
The chairman and CEO of what many consider to be the best bank in the U.S.
Jamie Dimon hath spoken! We must obey!
As Democratic Underground said, 'the roundtable on MTP all agreed this is coming back from the dead'. If Jamie Dimon is the champion of this zombie plan, what more does one need to know, or need be said?
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