Thursday, June 5, 2008

Lewis Black Rants Against Corporate Greed

The New King of Comedy, Lewis Black, Rants Against Corporate Greed

(From Stephen Lerner, Director of the SEIU’s Private Equity Project.)

The Democratic primary is over, and Senators Obama and McCain now face an electorate angry over high gas prices, stagnant wages and a sour economy. The call for change is so loud and so persistent that it’s already become a campaign cliché.

Cliché or not, it’s a major force driving this election, and whichever candidate harnesses the country’s mood will win this election. Henry Kravis, founder of KKR—effectively the nation’s second largest private employer and one of the largest buyout firms in the nation—has more to do with the country’s unease than people imagine.

He’s a symbol of the “Just Us” corporate business mentality that so many Americans want to see change. Rich beyond belief, he still lobbied tenaciously last year against a little reform that would have leveled the playing field between hedge fund managers and buyout executives and teachers, nurses, and other middle class Americans.

Read more Here.


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