Jobs council members good at cutting jobs

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President Obama has a Job Creation Council that initially had 26 members and another was added this past June. I hope that the U.S. Senate reviews the actions of his Job Creation Council in eliminating jobs in their companies.

For instance, Kenneth I. Chenault, CEO of American Express, in a massive restructuring of the company closed a facility in North Carolina that eliminated 550 jobs, and this after the company had announced that it had earned $1.1 billion in the 4th quarter of 2010. Ursula Burns, CEO of Xerox and a member of the Job Creation Council, cut 4,500 jobs in the first six months of 2011. Jim McNerney CEO of Boeing in cutting 1,100 jobs, including 900 in California, and others in Alabama and Kansas, all the while reporting that earnings rose 20 percent in the second quarter of 2011. The CEO of Eastman Kodak, Antonio M. Perez, a member of the Job Creation Council, has laid off 2,100 people from 2004 to 2011.

Even worse is the fact that General Electric

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