After watching President Obama and the Democratic party water down healthcare reform with the help of AHIP and seeing them get insurance corporations some serious corporate welfare, water down FineReg with the help of the Bankers that destroyed the world economy by propping them up with trillions of dollars worth of free money so they could keep on rolling in their bonus money and profits, I am finding it hard to see how this can possibly lead to anything good in any way, shape or form:
President Barack Obama is preparing new overtures to business that may start with a walk into the headquarters of the U.S. Chamber of Commerce and a retreat with corporate chief executive officers, according to people familiar with his plans.
The Obama administration has been at odds with the Chamber, which fought Obama’s health-care and financial regulatory overhauls and committed $75 million to political ads in the midterm congressional elections, mainly directed against Democrats. The CEO summit would be a way to address complaints from some executives the Democratic administration is anti- business.
Markos at Daily Kos hits the nail on the head with this one:
The Chamber will spend double that amount in 2012 trying to defeat Obama, because it cares little about business, and everything about pushing a radical corporatist agenda that benefits the biggest, most elite corporations. Because if they really cared about business, they'd be championing his presidency. I've quoted this several times because it's instructive:
Investors around the world say President Barack Obama is bad for the bottom line, even though U.S. corporations are on track for the biggest earnings growth in 22 years and the stock market is headed for its best back-to- back annual gains since 2004.
Big business couldn't be better, despite economic armageddon.
Oh yeah.... And jobs, Jobs, JOBS! Real people need jobs more than the elite need another tax cut paid for yacht or the corporations that the CoC represent need another all expense paid bailout and bonus vacation from the reality of the jobs market they created for the rest of us.
Sucking up to the Chamber of Commerce will not help Obama in his election chances, nor will it help any Democratic party politician... And, worst of all, if they give the CoC what they want it will be disastrous for the nation.