Dear Jim,
From Miracle on 34th Street to the Thanksgiving Day Parade, Macy's is a powerful symbol of the holidays for many Americans.
But this holiday season, Macy's CEO Terry Lundgren is part of a coalition of ultra-wealthy CEOs who are actively working
to undermine the economic security of countless American families.
These CEOs are lobbying Congress to cut Medicare, Medicaid and Social Security benefits (not to mention other important
safety net programs), all to get themselves and their companies massive tax breaks.
Just last month, Macy's CEO Terry Lundgren kicked off Macy's anti-Medicare advocacy by co-signing a letter to Congress that,
as Reuters financial blogger Felix Salmon explained:
And the coalition of CEOs Lundgren is part of will do much more than simply write letters. According to the Christian Science
Monitor:
Macy's has spent vast amounts of money to project a brand image that's entirely incompatible with the deplorable actions
of its CEO.
And the holiday season is the worst time for the Macy's brand to be embroiled in this kind of controversy. So if enough of
us speak out, this is a fight we can win.
Tell Terry Lundgren, the CEO of Macy's, to stop trying to cut Social Security, Medicare and Medicaid benefits. Click below
to automatically sign the petition:
Thank you for speaking out.
Matt Lockshin, Campaign Manager
CREDO Action from Working Assets
1. "CEOs' Self-serving Deficit
Manifesto," Reuters, 10-25-12.
2. "Fix the Debt: CEOs launch drive for 'grand bargain.' Is Washington listening?," Christian Science Monitor, 10-25-12.
|
Monday, November 19, 2012
In search of a miracle on 34th Street
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment