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Thursday, November 15, 2012

Economy Obama Is Lenin to Corporate America

Posted by Charles Mudede on Thu, Nov 15, 2012 at 7:33 AM

By the tone of these CEOs (moaning, groaning, worrying), you'd think they had a meeting with Lenin and not the moderate, pro-market Democrate that Obama is and will always be.

Having failed to get one of its own into the White House, corporate America is not sulking in a corner nursing its broken Romneyphile heart. Instead, some of the country’s best known bosses have been flashing their legs in the direction of Barack Obama, promising to make it worth the president’s while if they start over. Mr Obama is smiling right back, at least for now. On November 14th he sat down with a dozen chief executives and listened to their concerns. They spoke about the sour relationship between the White House and business, and about their frustration at Washington’s refusal to tackle the nation’s fiscal problems. “I came away feeling very encouraged,” said one of the bosses, Dave Cote of Honeywell, a prominent budget hawk, though he added that he was “not confusing words with results”.

If a leader is not giving everything to the CEO class (and I mean everything—tax breaks, business friendly climate, no regulation, no support of unions, the freedom to move money and labor, no consumer protection, no health insurance, no environmental nothing), then he/she is thrown into the same heap of history as Samora Machel and Mao Zedong. For this class, the class that rules much of the world, it comes down to: You are either with us or you're with the communists.

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Bit of an oversimplification.

For every narrow-minded Koch out there, there's a Branson, Gates, Schultz, or Soros who take a broader view of their role in their company's play in society. There are many more who fall somewhere in between.

Posted by seandr on November 15, 2012 at 8:43 AM

Still confused as to why private enterprise wants to elect itself to govern. Isn't life better in the limo than the light rail..what else do they want?

Posted by Supreme Ruler Of The Universe

on November 15, 2012 at 9:29 AM

Do these executives not understand economic history over the last 75 years or so? The market, the economy, the nation, and the world always do better with Democrats in the White House than Republicans.

Posted by N in Seattle

on November 15, 2012 at 9:54 AM

@2 They will never own enough until they own it all.
@3 The right-wing, which runs the Republicans, don't give a twig for history or facts. It's why they're so bad at governance.

Posted by Pope Peabrain on November 15, 2012 at 10:13 AM

Of all the hip retro fads I'd like to see die, John Birch style red-baiting is number one on the list. These people miss the USSR so bad it's embarrassing.

Posted by Proteus on November 15, 2012 at 1:16 PM