Jamie Dimon says 'American dream is fraying'

[applegrove]

Jamie Dimon says 'American dream is fraying'

By Paul R. La Monica, CNN Business

Updated 8:08 AM ET, Thu April 15, 2021

https://www.cnn.com/2021/04/15/investing/jamie-dimon-david-axelrod/index.html

"SNIP .....

Dimon addressed many of these societal and racial concerns in his annual shareholder letter earlier this month as well.

He said in the interview with Axelrod that the bank is committed to spend more to help Blacks get jobs and finance affordable loans for housing. He added that JPMorgan Chase is also lending more to Black-owned small businesses and looking to hire and train more minority wealth managers.

Dimon also told Axelrod that there are "serious problems" in the US, including infrastructure, education and health care.

"America is exceptional. America has an unbelievable hand. But we need to do something to fix these problems," he said.

......SNIP"

He goes on to say he doesn't want capital taxes but only income. I posted it because facism can't survive without the support of corporations so this lack of support for republican policies is a good thing.

[choie]

1. Because he really cares that

the American dream is "fraying" for "black people".

[applegrove]

2. I posted it because it is a change.

[WhiskeyGrinder]

3. lol dude it never existed

[blm]

4. Jamie Dimon's new goal

Do something worthwhile that will present better testimony when called by Elizabeth Warren or Katie Porter.

[MOMFUDSKI]

8. I remember

Porter kicking his ass with questions that totally showed us exactly who he is and always was and always will be. Don't bullshit us Jamie.

[WarGamer]

5. Yugoslavia is a better place today than in the 80's

6 perfectly happy neighboring countries living in harmony.

I expect the same here... hopefully without the Civil War part.

[roamer65]

7. Rwanda and Yugoslavia were horrible genocides.

I highly doubt we would escape the same fate.

[BlueNProud]

6. Dimon always talks a decent game but never actually supports any progressive change

There's always something wrong with each particular proposal.

[CrackityJones75]

9. LOL!

America Dreams that it wasn’t built almost entirely on the subjugation or extortion of people through slavery, racism, and pressure from the barons and elites in this country to wring blood sweat and tears from the workers they paid a pittance to.

We had a good short run of middle class in this country but even that wasn’t attainable for many POC. We have always been fucked. We just never could get the wool off of our eyes.