Chamber of Commerce

Obama's Chamber Speech a Tangle of Contradictions

In a speech today to the Chamber of Commerce, Barack Obama called for a reduction in corporate tax rates and simplification of the tax code, but he then pitched alternative energy, which is based wholly on tax breaks and subsidies. He said spending must be reduced and then again plugged the boondoggle of high-speed rail, which only benefits politically-connected contractors and unions, and bond traders. He said he favored free trade and then claimed that inventing something here and manufacturing it abroad "breaks the social compact."

Corporate America Sells Out Public By Jumping On Cap-and-Trade Bandwagon

WaxmanCommunist Godfather Vladimir Lenin is alleged to have famously said, "The capitalists will sell us the rope with which we will hang them."

No where is that observation more relevant than in the sorry spectacle taking place in Congress as corporations, in exchange for short-term government handouts, fall over themselves to endorse a carbon dioxide regulation bill that will impose a crushing energy tax on the American people.

Business Groups Ready for 2000 Elections

In an attempt to respond to the unions' grassroots political efforts in 1998, the business community is attempting to mobilize 100,000 business owners and managers to back "pro-business" congressional candidates in 2000. The Project 2000 campaign is coordinated by the Business-Industry Political Action Committee. BIPAC, whose members include the U.S. Chamber of Commerce, the Nat'l Ass'n of Manufacturers, and other major national business associations, is the nation's oldest business PAC.

"The goal is to make American businesses more effective politically," said Darrell Shull, the executive director of Project 2000. He said it will be the most unified business effort ever to counter the unions' historic advantage in mobilizing voters.

Shull said that about 150 business groups will provide lists of an estimated 100,000 contacts for the effort. So far, about 20 groups are actively participating and providing lists, he said. Key contacts will be small-business owners who can communicate with their employees and others to influence them to support a pro-business candidate in a key House or Senate race, Shull indicated.

Syndicate content