Tuesday, December 04, 2012

Sen. Portman Protested at Townhall Meeting

I wrote earlier today that Congressional Republicans proposing cuts to Medicare and Medicaid is political suicide. Sen. Rob Portman experienced this first-hand at a townhall meeting. The protesters interrupted Portman's speech. I will give Portman credit for handling the protest with humor.

The townhall meeting was set-up by Fix The Debt. Fix the Debt was started by Fortune 500 CEOs pushing for entitlement cuts to pay for tax cuts. This wouldn't fix the debt. It would help the bottom line of Lloyd Blankfein, Goldman Sachs CEO, and Jamie Dimon, Chairman & CEO, JPMorgan Chase & Co. Blankfein and Dimon fail to mention that the bailouts of their banks didn't help the debt.

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