Skip to comments.Sam Zell is on a roll on CNBC !!!
Posted on 03/03/2011 4:56:36 AM PST by Daisyjane69
Here's something he said earlier:
The topic (in advance of today's phony unemployment numbers) was how to get companies to hire workers. Lots of back & forth. But here is the kicker: Zell mentions that while Obamacare was about to come up for the final, miserable vote he went to Capitol Hill to "lobby" a couple of lawmakers. Reminding them that this kind of bill with so much uncertainty built into it, was guaranteed to put a chill on employment.
Here is the exchange he relayed to the host.
Zell to lawmaker: This bill gives only 6 years of services, based on 10 years of revenue. What happens in Year 11 ????
Lawmaker: I'm 80 years old.
Folks, if that is the mindset on the Hill, we're DOOMED
Senators’ term of 6 years is too long. It needs to be shortened to four, or less.
Repeal the 17th amendment, and we shouldn’t have to worry about the term of a Senator.
I’m gonna write myself a note to remember to see if I can dig up the entire video of his appearance and post it here.
I still can’t believe a lawmaker replied to him in that way.
unemployment numbers come out today or tomorrow?
AND — He let loose on public sector unions and on the UAW, saying that they destroyed the auto industry just like the teachers unions are destroying education. He got semi liberal Andrew Ross Sorkin to say “I can’t disagree with any of that...”
CNBC is running a “clock” on the lower right hand corner of the screen that is now displaying:
00 28 50 (and this is counting down in seconds)
Looks like it’s today.
We’ll find out soon enough!
Can we get a vid of this.
YES HE DID!
Which is why this thing needs to be posted here on FR, I do believe!
Obamacare and all of the uncertainty surrounding his taxes and arbitrary regulation, means the American businessman has no idea what his cost of doing business will be tomorrow.
THAT is what is suppressing the economy.
When congress demonstrates an ability to reign in Obamas policies and spending, or when Obama leaves, then, and ONLY THEN, will the U.S. economy take confident strides toward recovery.
Basically, all the things we had BEFORE the Constitution loused things up.
That’s not the monthly employment report. What happens on Thursdays is “jobless claims,” which indicates how many ppl are applying for unemployment.
Oh Lord, he’s actually mentioning the US losing Reserve Currency status...on CNBC.
Before the Constitution loused things up? Talking from an anti-Federalist perspective, right?
its usually on a Friday- couldn’t find anything in advance as to what the expected job creation number is....
He brought up tort reform. AMEN TO THAT!
Yes. Though I try not to complain about it so much anymore (what’s the point?), many of our problems, imo, are structural. Madison tried to split the baby, when Hamilton knew all along they were killing it.
Yes the gravedancer was smoking this am. The best was when he said “Bullshit” live on the air. They missed bleeping it so it went out on the air. Next best was when he asked Sorkin if he (Sorkin) believed in the toothfairy and then proceeded to trash the NY Times who Sorkin now writes. Zell was taking no prisoners this morning and leaving the CNBC airheads for the dead.
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