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Last month, at JPMorgan’s annual shareholder meeting, Dimon had urged the business community and the administration to work together to find meaningful solutions to critical issues confronting the U.S.
In response to a question on Trump’s tighter immigration policy, Dimon had said, “He is the president of the United States. I believe he is the pilot flying our plane. I would try to help any president of the United States because I am a patriot.”
Comment: I am no fan of Dimon, but he brings, at least in words, a more measured response to Trump’s ditching the Paris Climate Deal. Compared to Elon Musk, who is rich, and brilliant, and a smart guy no doubt, his ” I’m leaving the President’s Council’ because I do not agree with Trumps decision. Money, fame and fortune does not guarantee wisdom nor sensibility. Elon’s rash decision probably will not hurt Trump, but Elon just cut himself off from an ‘insider position’, which perhaps could have paid great dividends in the future. His self imposed exile from the halls of power and influence was not a very smart move.
Whether motivated by ego, politics, or greed, he just shot himself in the foot by distancing himself from Trump and Associates. Dimon, has obviously lived long enough, experienced enough of how real life works, gained more insight, than the young Musk. Musk is free to join the list of, ” I did not get what I wanted from President Trump, so I am joining the Anti Trump Gang. Well, at least Elon wont be lonely. He has plenty of Hollywood starlites and disgruntled Democrats to keep him company at the Whiners Convention. Dumb move Mr. Musk. I bet in another few years you are going to wish you had a ‘redo’ on that decision.