Burgess Owens: “the corporate greed we are seeing has absolutely no common sense. What history has clearly demonstrated over the past…”

“the corporate greed we are seeing has absolutely no common sense. What history has clearly demonstrated over the past 50, 75 years is that the locomotive, the engine of the locomotive that drives the economy of America, and the American economy drives the economy of the whole world, is the middle-class consumer. Who are the middle-class consumers but the workers who earn decent wages in the factories? Henry Ford did not automatically understand it, but he got around to understanding that folks need to have higher wages in order to buy my cars. It is only a matter of time. Nobody believes that what we have in motion is going to kill our economy, but it is only a matter of time when, as the rich get richer on top and they take away the power of the consumers in the middle and the bottom, there will not be anybody to buy these products and the great engine of the locomotive will go dead, and we will all be in a morass in terms of the economy. The common sense of the American people has to come into this situation. Millionaires want to be billionaires. Billionaires want to be multi-billionaires. It is greed totally out of control and greed that is going to be self-destructive. They are going to destroy themselves as well as the whole American economy.”