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Business, As Usual

by 2Paragraphs in Daily Edition | November 16, 2012

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A visitor to Whitehouse.gov, where the President proclaims his commitment to “making this the most open and participatory administration in history,” won’t see the names of the CEOs Mr. Obama met with Wednesday. No pictures, no word on what was discussed. Instead, the most recent WH blog posts summarize the President’s already public press conference and his wishing Happy Diwali to the Hindus, Jains, Sikhs, and Buddhists celebrating the holiday.

According to Fox Business News, present at the meeting were the CEOs of Xerox, Wal-Mart, Aetna, Ford, PepsiCo, IBM, Chevron, American Express, Proctor & Gamble, GE, and Honeywell, whose stock price has climbed since the day of Obama’s 2009 inauguration to $59.53 from $32.39. Honeywell Chief David M. Cote was compensated $55.79 million last year, proving that the re-elected president is still on speaking terms with the much excoriated 1%. Honeywell announced a $180 million follow-on contract with the US Navy in October.

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