Thursday, October 17, 2013

And not to go unnoticed.; JP Morgan proved it's loyalty to the citizens of the USA; as if it had to.

I would never reduce this initiative by Morgan to a publicity stunt. It was the sweetest offer a CEO could have made and to the people involved at the mercy of the Republicans in Congress, this is heroic.

This isn't the first time Morgan has risen to the occasion. Of course, in the past it was just as self-serving as heroic during the financial meltdown of 2008, but, this was an incredible realization of devotion to the human condition in the USA that can't go unnoticed. These are the most vulnerable in our nation, but, they are also very valuable to a baseline economy. It was not a minor offer.

Thank you.

October 15, 2013
By Ted Robbins 

JPMorgan Chase (click here) says it will cover Social Security and Welfare payments for its customers if the government goes into default or the shutdown continues....