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posted by takyon on Wednesday August 16 2017, @05:33PM   Printer-friendly
from the pressure-relief dept.

Following a number of CEOs pulling out of President Trump's American Manufacturing Council and Strategic and Policy Forum, President Trump tweeted that the initiatives have been ended:

Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!

The CEOs of Merck, Intel, 3M, and other companies had already left:

3M Co. Chief Executive Officer Inge Thulin stepped down from the White House's manufacturing council, adding to the corporate exodus as the backlash grows to President Donald Trump's ambivalent response to racially-charged violence in Virginia over the weekend.

Thulin joined the White House panel in January "to advocate for policies that align with our values and encourage even stronger investment and job growth -- in order to make the United States stronger, healthier and more prosperous," the CEO said Wednesday in a statement tweeted by 3M. "After careful consideration, I believe the initiative is no longer an effective vehicle for 3M to advance these goals."

Update: The members of the Strategic and Policy Forum reportedly disbanded the group before President Trump's tweet:

The quick sequence began late Wednesday morning when Stephen A. Schwarzman, the chief executive of the Blackstone Group and one of Mr. Trump's closest confidants in the business community, organized a conference call for members of the president's Strategic and Policy Forum. On the call, the chief executives of some of the largest companies in the country debated how to proceed. After a discussion among a dozen prominent C.E.O.s, the decision was made to abandon the group altogether, said people with knowledge of the details of the call.

Also at Bloomberg:

Trump made the announcement on Twitter, less than an hour after one of the groups was said to be planning to inform the White House that it would break up. [...] Trump appeared to be making an effort to get ahead of the news as the councils began to disintegrate. The strategy forum, which is led by Blackstone Group LP's Stephen Schwarzman, planned to inform the White House Wednesday before making the announcement public, according to another person familiar with the matter, who wasn't authorized to discuss the news publicly.


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  • (Score: 1, Informative) by Anonymous Coward on Thursday August 17 2017, @12:22AM (3 children)

    by Anonymous Coward on Thursday August 17 2017, @12:22AM (#555033)

    You're back to mistaking gov't-run insurance systems for an ownership model.

    You are referring to Liberal Democracy.
    Sometimes, this is called Social Democracy.
    People who are easily confused then call that "socialism".
    That's not what it is.

    Again: Socialism is the collective ownership of the means of production by The Workers.
    If you're not talking about -ownership-, you're not talking about Socialism.

    You need to break free from the Cold War bullshit.

    -- OriginalOwner_ [soylentnews.org]

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  • (Score: 2) by The Mighty Buzzard on Thursday August 17 2017, @11:34AM (2 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday August 17 2017, @11:34AM (#555232) Homepage Journal

    You seem to have a serious hardon for this rant lately. Hows about this: you get your socialist businesses going and I'll get my capitalist businesses going and we'll let the workers decide for themselves which company they'd rather work for. Cause, ya see, if your idea were so feasible and grand, it would be the predominate business ownership model out there. It's not though. Not anywhere on earth. Never has been. That you can point to one or two successful examples on the entire planet should impress nobody at all.

    --
    My rights don't end where your fear begins.
    • (Score: 0) by Anonymous Coward on Thursday August 17 2017, @04:19PM

      by Anonymous Coward on Thursday August 17 2017, @04:19PM (#555391)

      I hear they are getting closer to stem cell research which might help brain damage, you should look into it.

      I've given up trying to reason with you, you're an ideological zealot who ignores the obvious in favor of your personal worldview. I wish you'd get a clue about how often you are wrong.

    • (Score: 0) by Anonymous Coward on Thursday August 17 2017, @08:16PM

      by Anonymous Coward on Thursday August 17 2017, @08:16PM (#555539)

      There was a time when slave economies were the big thing.
      That gave way to Feudalism.
      That gave way to Capitalism.
      The next step on the way to the ultimate economic system is (non-exploitive) Socialism.

      There are tens of thousands of (Socialist) worker-owned cooperatives across the globe.
      With the contraction of employment in USA and ever-more-abusive Capitalist workplaces, Socialism/worker-owned co-ops have also become very popular memes.
      (You and your ilk, stuck on exploitive employment paradigms, are dinosaurs/outliers.)

      The Italian government realized the practicality of the worker-owned coop 3 decades ago and has been nurturing Socialism VERY successfully.

      The worker-owners of the Suma corporation in Britain democratically decided that each worker-owner will receive the same pay rate. [google.com]
      (They pulled everyone up to the highest pay rate.)

      Mondragon has been showing the way forwards since 1956.

      Socialism is definitely the wave of the future.

      -- OriginalOwner_ [soylentnews.org]