On the 6t of February, the “Fix the Debt” CEO coalition held a so-called “common geound summit” at the Hyatt Regency Washington, a non-union hotel facing a labor dispute. Our DC first stormed their breakfast, then laid siege to their lunch hour with hundreds of protesters.
Speaker after speaker at the lunchtime event read off the income of one corporation and their CEO each, and denounced efforts to cut Medicaid, Medicare, and Social Security to fund further tax cuts for these corporations.
An effort to deliver mock party drinks with labels luke “Pay Up Punch” was aggressively rebuffed by police, no doubt remembering that Fix the Debt had been invaded just hours before as they ate breakfast. They ate while others went hungry, but not without some showing up at the table to remind them of that fact!
“Fix the Debt” is in no position to talk of “common ground” when the kind of solutions they advocate had led to soaring executive pay and corporate profits concurrent with stagnation or slippage ofd real wages for everyone else. In fact, their call to “balance the budget” with tax cuts is reminescent of a crooked investment adviser telling someone to quit their job so they can pay off their mortgage!