The CEO of JP Morgan, Jamie Dimon, unloaded on the fucking assholes running our country into the ground during JP Morgan’s conference call this morning. Can you blame him?
Bear in mind, this is a man who helped save America from its financial crisis during 2008. Remember, JP Morgan bailed out and bought Bear Stearns and Washington Mutual in 2008 — two deals they probably would not have taken without government pressure. We are reminded of American stupidity on a daily basis, watching complete fucking morons make fools of themselves on national tv. All you have to do it listen to Maxine Waters or Lindsey Graham for 2 minutes, and then you’d agree with Dimon when he says ‘it’s almost an embarrassment being an American citizen.
Here’s the transcript of what he said.
Dimon on DC:'it's almost an embarrassment being an American citizen…listening to the stupid shit we have to deal with in this country"$JPM pic.twitter.com/j77c3vECmg
— The_Real_Fly (@The_Real_Fly) July 14, 2017
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Since the Great Recession which is now eight years old we’ve been growing at 1.5 to 2% despite the stupidity and political gridlock. Because the American business sector is powerful and strong and is going to grow regardless of they went to feed their kids and want to buy home they want to do things the same as American businesses what I’m saying is it would be much stronger growth had we made intelligent decisions and that gridlock, and thank you for pointing it out because I’m going to be a broken record until this gets done, we are unable to build bridges, unable to build airports, not graduating.
I was just in France in Argentina Israel Ireland we met with the Prime Minister of India and China it’s amazing to me that every single one of those countries understands that practical policies to promote business growth is good for the average citizens of those countries for jobs and wages and somehow this great American free enterprise system we no longer get it.
My view is corporate taxation is critical to that by the way regarding capital brings overseas, which is why the $2 trillion overseas benefiting all these other countries don’t like that, so if we don’t get our act together we can still grow. It’s just unfortunate but it’s hurting us, it’s hurting the body politic, it’s hurting the average American that we don’t have these right policies. So no in spite of gridlock we will grow at 1 ½ or 2%.
I don’t buy the argument that we are relegated to this effort. We are not this administration can make breakthroughs in taxes and infrastructure ready for reform we have become one of the most bureaucratic confusing litigious societies on the planet. It’s almost an embarrassment be an American citizen traveling around the world and listening to the stupid shit we have to deal with in this country and at one point we have to get our act together. We won’t do what were supposed to for the average American and unfortunately people write about this like corporations is not corporations competitive taxes are important for business and business growth which is important to jobs in wage growth and we should be making that along to every single one of you every time you talk to a client.