News For You

James Woods Lashes Out At Highly Suspect JP Morgan Proposal

On September 19, famous actor James Woods took to Twitter to issue a stern warning to JP Morgan CEO Jamie Dimon: “You better come in heavy, champ.” This tweet was in response to Dimon’s controversial suggestion that the US Government and corporations should use eminent domain to seize citizen-owned property for the sake of climate initiatives.

Dimon’s proposal was revealed in his annual letter to shareholders, where he emphasized the need for faster and more efficient investments in green energy projects. In his letter, Dimon stated that “permitting reforms are desperately needed” and that “we may even need to evoke eminent domain” to make these investments a reality.

Eminent domain is a legal power that allows the government to take private property for public use after providing the owner with just compensation. This power has been traditionally used for essential infrastructure projects, such as roads and schools. However, Dimon’s suggestion to use it for environmental purposes has sparked intense backlash from critics.

Woods’ tweet served as a reflection of the public’s outcry over Dimon’s proposal. With over 3.5 million followers, Woods’ message was received by many, with some users even suggesting that Dimon’s own properties should be the first to be seized.

The actor’s tweet also sparked a conversation about the responsibility of leaders to lead by example. Many users called out Dimon for his elitist agenda and suggested that he should be the one to make the first sacrifice.

Dimon’s remarks have caused a divide among experts and commentators. Some see it as a necessary step in the fight against climate change, while others view it as a violation of citizens’ property rights. Forbes contributor, Steve Forbes, wrote, “Why are people in the private sector casually tossing around the idea of seizing citizens’ private property?” Others have labeled Dimon’s proposal as a “nightmare” and a “dangerous road to go down.”

In response to the growing backlash, JP Morgan released a statement clarifying that Dimon’s comments “were not a call to action for eminent domain.” However, the damage had already been done, and the CEO’s words continue to ignite a heated debate.

As the conversation around climate initiatives and property rights intensifies, it is clear that Dimon’s suggestion has struck a nerve with the public. The use of eminent domain has always been a sensitive issue, and the potential expansion of its use for environmental purposes is a contentious topic. Woods’ tweet serves as a reminder that even those in positions of power should be held accountable for their words and actions, especially when it comes to fundamental rights and freedoms.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top
$(".comment-click-2963").on("click", function(){ $(".com-click-id-2963").show(); $(".disqus-thread-2963").show(); $(".com-but-2963").hide(); }); // The slider being synced must be initialized first $('.post-gallery-bot').flexslider({ animation: "slide", controlNav: false, animationLoop: true, slideshow: false, itemWidth: 80, itemMargin: 10, asNavFor: '.post-gallery-top' }); $('.post-gallery-top').flexslider({ animation: "fade", controlNav: false, animationLoop: true, slideshow: false, prevText: "<", nextText: ">", sync: ".post-gallery-bot" }); });