Big Business bellyaching
http://money.cnn.com/2010/07/29/news/economy/business_vs_obama.fortune/index.htm?source=cnn_bin&hpt=Sbin
This article is full of sh*t. Trying to pretend big business doesn't like Obama. Trying to pretend Obama is hurting big business. Lies. All lies.
Big Business LOVES Obama. Obama loves big business.
"Verizon CEO Ivan Seidenberg addressed a lunchtime crowd gathered at a hotel in downtown Washington. "By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses,"
Yes yes..... Verizon is really struggling under Obama as their income surges. http://www.marketwatch.com/story/motorolas-quarterly-profit-surges-2010-07-29
But there is another, more personal reason for the souring. Obama's rhetoric on the stump, they say, has been overly broad and overly harsh in blaming big business for the nation's economic woes (Rightfully so). The charge has developed into a refrain. U.S. Chamber of Commerce president Tom Donohue said the administration's push to overhaul health care, and financial and oil regulations has left companies "demonized."
Business has been demonized. They deserve it. The economy is a mess because big business is stupid. But lets not pretend it has any effect of corporate Americans ability to hoard all the money.
Lets look at the record of Health care, Financial, and Oil.
Aetna up 42% http://www.modernhealthcare.com/article/20100728/NEWS/307289984
JP morgan up 76% http://www.marketwatch.com/story/jp-morgan-profit-up-76-as-loss-reserve-shrinks-2010-07-15
Exxon profit up 91% http://online.wsj.com/article/BT-CO-20100729-714687.html
Big business is doing great and there are still no jobs. Obama hasn't hurt big business at all.
When the unemployed consumer stops buying the government (these people complain about) rushes in with free bailouts and stimulus money. Corporate American doesn't miss a beat. Yet they still bellyache.
So f*ck them and their Obama is against us. Obama loves big business and vice versa. It is all just rhetoric. Meaningless rhetoric in an election year. Whether Republicans win (or Democrats win) the status quo always remains. Big business gets whatever they want all the time. If the only price is being demonized that is pretty meaningless. So stop all the whining.
This article is full of sh*t. Trying to pretend big business doesn't like Obama. Trying to pretend Obama is hurting big business. Lies. All lies.
Big Business LOVES Obama. Obama loves big business.
"Verizon CEO Ivan Seidenberg addressed a lunchtime crowd gathered at a hotel in downtown Washington. "By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses,"
Yes yes..... Verizon is really struggling under Obama as their income surges. http://www.marketwatch.com/story/motorolas-quarterly-profit-surges-2010-07-29
But there is another, more personal reason for the souring. Obama's rhetoric on the stump, they say, has been overly broad and overly harsh in blaming big business for the nation's economic woes (Rightfully so). The charge has developed into a refrain. U.S. Chamber of Commerce president Tom Donohue said the administration's push to overhaul health care, and financial and oil regulations has left companies "demonized."
Business has been demonized. They deserve it. The economy is a mess because big business is stupid. But lets not pretend it has any effect of corporate Americans ability to hoard all the money.
Lets look at the record of Health care, Financial, and Oil.
Aetna up 42% http://www.modernhealthcare.com/article/20100728/NEWS/307289984
JP morgan up 76% http://www.marketwatch.com/story/jp-morgan-profit-up-76-as-loss-reserve-shrinks-2010-07-15
Exxon profit up 91% http://online.wsj.com/article/BT-CO-20100729-714687.html
Big business is doing great and there are still no jobs. Obama hasn't hurt big business at all.
When the unemployed consumer stops buying the government (these people complain about) rushes in with free bailouts and stimulus money. Corporate American doesn't miss a beat. Yet they still bellyache.
So f*ck them and their Obama is against us. Obama loves big business and vice versa. It is all just rhetoric. Meaningless rhetoric in an election year. Whether Republicans win (or Democrats win) the status quo always remains. Big business gets whatever they want all the time. If the only price is being demonized that is pretty meaningless. So stop all the whining.
posted by res17 at
July 29, 2010
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home