A jobs Summit to fix everything....Oh good.

Obama is having a big jobs summit this week.
http://www.cbsnews.com/stories/2009/11/30/opinion/main5835425.shtml

He is inviting more high flying CEO’s to attend.
http://thecaucus.blogs.nytimes.com/2009/11/29/business-titans-and-others-expected-at-jobs-summit/

He wants to know what the overpaid CEO’s think will solve the problem (which they created).

So he is asking the millionaires what should be done.

That is like asking the fox how to best protect the hen house.

And they wonder why it never gets better.

Here are some of the geniuses who are attending.

Randall Stephenson CEO of AT&T.

Here is AT&T laying off 2000 people.
http://www.wtnh.com/dpp/news/business/news_wtnh_meriden_att_layoffs_200909231350

Here is AT&T outsourcing to India because American worker are “too dumb”
http://www.dslreports.com/shownews/ATT-CEO-We-Offshore-Because-Youre-Dumb-93029

Here is the CEO making 18 million for his genius leadship.
http://www.fiercetelecom.com/story/att-ceo-collects-18-million-in-pay-perks/2008-03-12

Also attending is
Surya N. Mohapatra of Quest Diagnostics,

Here Quest is laying off 60 people.
http://www.genomeweb.com/blog/quest-lay-60-staffers-conn-testing-facility

Here is Quest looking to hire people in India.
http://www.questdiagnostics.in/job-seekers.aspx .

Here is the CEO making 7 million for his genius leadership.
http://www.forbes.com/lists/2006/12/VBFZ.html

Also attending
Frederick W. Smith of FedEx,

Here is Fed Ex laying off thousands.
http://www.nbcwashington.com/news/local-beat/FedEx-to-Lay-Off-Thousands.html

Here is Fed Ex expanding in China.
http://www.chinaeconomicreview.com/china-eye/2009_07_01/FedEx_expands_China_customer_center.html

Here is the CEO making 8 million for his genius leadership.
http://people.forbes.com/profile/frederick-w-smith/32123

Also attending
Brian L. Roberts of Comcast Corp.,

Here is Comcast preparing to lay more people off real soon.
http://www.dslreports.com/shownews/Comcast-Hints-At-Layoffs-105347

Here is the CEO making 38 million for his genius leadsership.
http://www.forbes.com/lists/2008/12/lead_bestbosses08_Brian-L-Roberts_1BLX.html

Also attending
James McNerney of Boeing.

I have spent a lot of time tearing Boeing apart for their idiotic decisions. See the Dreamliner. I don’t think more is needed.

Here is the CEO making 14 million for his genius leadership.
http://www.forbes.com/lists/2007/12/lead_07ceos_W-James-McNerney-Jr_8WTF.html

Also attending
Peter Y. Solmssen of Siemens AG.

Siemens isn’t even an American company......Whatever!

Also attending
Eric E. Schmidt of Google

Here is Google laying people off.
http://www.businessinsider.com/2009/1/google-announces-layoffs-goog

Here is the CEO making 3.6 million for his genius leadership.
http://www.forbes.com/lists/2009/12/best-boss-09_Eric-E-Schmidt_OYW6.html

Also attending is
Robert A. Iger of the Walt Disney Co

Here is Disney laying off 1900
http://orlando.bizjournals.com/orlando/stories/2009/03/30/daily51.html

Here is the CEO making 30 million for his genius leadership.
http://people.forbes.com/profile/robert-a-iger/79382

Yes these are precisely the people we need to lead us out of the darkness. The same people who lead us into the darkness in the first place. Don't be surprise when this summit (of the intellectual elites) doesn’t lead to more jobs.