Godfather
09-10-2011, 04:56 AM
Morgan called this one of the most powerful and interesting interview he has ever conducted
Howard Lutnick on fixing America: "Washington is not the engine of the economy"
Cantor Fitzgerald CEO Howard Lutnick lost hundreds of employees, including his brother, when the North Tower fell on September 11, 2001. 10 years later, he has rebuilt his company to great success, and he spoke to Piers Morgan about the tragedy and rebuilding in an interview that airs tonight at 9pmET/PT. He also talked about how to fix the economy. "The people in Washington spend too much time in Washington, so they think Washington-centric thoughts," he said. "Washington is not the engine of the economy."
Lutnick disagreed with Warren Buffett's idea for the rich to pay more taxes.
"Instead of him giving the government an extra hundred million dollars a year," said Lutnick. "What he should do is invest that hundred million. And not buy shares of Bank of America...but do start-ups, invest in start-ups. Start by giving people jobs."
VIDEO HERE Also: http://piersmorgan.blogs.cnn.com/2011/09/09/howard-lutnick-on-fixing-america-washington-is-not-the-engine-of-the-economy/
http://www.youtube.com/watch?v=VrTqKMGIrX8
(I hope this video works, I can't watch it from Canada, but I watched it on Piers Morgan and this should be the same interview)
Howard Lutnick on fixing America: "Washington is not the engine of the economy"
Cantor Fitzgerald CEO Howard Lutnick lost hundreds of employees, including his brother, when the North Tower fell on September 11, 2001. 10 years later, he has rebuilt his company to great success, and he spoke to Piers Morgan about the tragedy and rebuilding in an interview that airs tonight at 9pmET/PT. He also talked about how to fix the economy. "The people in Washington spend too much time in Washington, so they think Washington-centric thoughts," he said. "Washington is not the engine of the economy."
Lutnick disagreed with Warren Buffett's idea for the rich to pay more taxes.
"Instead of him giving the government an extra hundred million dollars a year," said Lutnick. "What he should do is invest that hundred million. And not buy shares of Bank of America...but do start-ups, invest in start-ups. Start by giving people jobs."
VIDEO HERE Also: http://piersmorgan.blogs.cnn.com/2011/09/09/howard-lutnick-on-fixing-america-washington-is-not-the-engine-of-the-economy/
http://www.youtube.com/watch?v=VrTqKMGIrX8
(I hope this video works, I can't watch it from Canada, but I watched it on Piers Morgan and this should be the same interview)