Is there no one running a major company in the US that has a clue about economic realities. I guess not, actually. The best way to make money for the last 30 years was to take foolish risks.
Ping
why the US....why not zer0bama the messiah....that is where the problem lies.
Obama did a good job of killing the hotel business by lambasting corporate travel
“U.S. did a good job of killing the hotel business by lambasting corporate travel and hurt American International Group Inc”
If you’re going to “say it” get it right! Obama and the Dems killed your industry, not the U.S.!
just as Jimmy Carter KO’d the restaurant business when he went after the Three Martini Lunch.
When will they ever learn?
If the President were to say that he preferred Coke to Pepsi it is almost certain that Coke sales would increase and Pepsi sales would plummet.
The President should have made it clear that corporate travel was fine, and even encouraged, for the 95% of companies that were solvent.
He should have made it clear that only those companies being propped up by taxpayer money and government favors should be more circumspect before spending travel dollars.
Loews would still have lost money, but then at least they would have only themselves to blame.
Beef up armed guards with machine guns, and build extra bomb proof wals. They could be hooked.
Is he trying to convince people that the 4.2% drop in occupancy rates is the result of AIG employees not flying? Is he trying to claim that employees of other companies reduced their travel just because a politician said they should? Who bases the day to day conduct of their business on a government official’s ‘lambasting?’
"...but I can! And I will! And I DO! Hahahahahahahahaha! Suckers!!"
He should have said the U.S. did a good job of killing the hotel (and most) business by electing the statist, job killer Obamster.
I'm sure the bell hops, waiter, maids, cooks, maintenance people, concierges and the thousands of other hotel employees out of work share your righteous indignation. Far better that the $800 billion go to Acorn, SEIU, and government jobs than show up in the real economy.
Talk about getting a clue. Here is one for you. The US economy depends heavily on service sector jobs. A heavy proportion of those jobs are in the travel and entertainment industries. When you curb travel and entertainment, either directly or indirectly, it ties a boat anchor to the economy. Mr. Tisch is inconvenience by the results. The service workers put out of work are devastated. But again, I'm sure they share your righteous indignation.
Tisch makes an offensive PC statement
the “U.S.” did not do this, obama did this
and continues to do it
Hey Tisch, who did all your swell NYC country clubbers vote for in 2008?
american big business has become part of the fascist federal oligarhy...and they’re out of minds and out of ideas....
bump
Obama is such a hypocritical ass. It was he himself who put the big corporations on the taxpayer dime with his trillion dollar, corporate welfare bailout programs. I used to think that Jimmy Carter was the shallowest, weakest, most liberal and most incompetent President of all time, but Obama has him beat by a country mile. Barak Hussein Obama brings the term "empty suit" to life. If he weren't such a self rightious, arrogant, belligerent ass it would be almost tragic to watch him flail away and drown in his own incompetence. But as it is, I'm enjoying watching him go down in history as an abject failure of the liberal mentality that placed an incompetent bore into the WH just because he's a Black incompetent bore.
Of course, the Ph.ds and Harvard MBAs who made their fortunes sending America's manufacturing base to China, they couldn't care less that the PEASANTS OF AMERICA often can't find decent jobs.
“Loews CEO Tisch: US did a good job of killing hotel business”
It’s not the U.S. - it’s Barack Hussein Obama.
Except when your mom/grandma is named Pelosi and your aunt/sister/daughter/cousin is named Michelle Obama.