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Is Obama bad for business?
MSN Money ^ | 14 Feb 2007 | Business Week

Posted on 02/14/2008 2:39:42 PM PST by oblomov

On Sunday, after he learned he'd won that day's Democratic presidential primary in Maine but before his appearance on CBS's "60 Minutes," Sen. Barack Obama (D-Ill.) sat down at the keyboard of his computer to write an e-mail. Not to a media consultant or a delegate counter, but to banker Robert Wolf, chief executive of UBS (UBS, news, msgs) Group for the Americas.

The two men exchanged notes about the Senate-passed economic stimulus package and that weekend's G-7 economic summit, Wolf says.

...

Obama has also been in touch with former Federal Reserve Chairman Paul Volcker, who endorsed the freshman senator in January.

"When I sat down with him, I found him to be unbelievably refreshing and smart and thoughtful," says Wolf, who first met Obama at the offices of financier George Soros. The UBS chief has gone on to raise more than $1 million for the Obama campaign.

The rest of corporate America may not be persuaded as easily.

...

Plus, the U.S. Chamber of Commerce gives him the lowest rating of any of the three major contenders for the presidency, behind Sen. Hillary Clinton (D-N.Y.) and Sen. John McCain (R-Ariz.). But Obama's sweep of the "Potomac Primary" in Maryland, Virginia and the District of Columbia makes him a very real contender for the Democratic nomination.

So what would an Obama presidency look like for business?

"It would be a pragmatic, center-left administration," says Democratic political strategist Steve McMahon, who is unaligned with a presidential candidate this year. "He's been pretty clear that business would have a seat at the table, but business wouldn't be able to buy all the chairs."

(Excerpt) Read more at articles.moneycentral.msn.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: barackhusseinobama; lendmeyourears; nobama; obama; obambi; socialism
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To: oblomov

Is Obama bad for business? He’s bad for America!


21 posted on 02/14/2008 4:44:39 PM PST by No Dems 2004 (No Dems in 2008 either)
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To: Regulator

Nailed it!


22 posted on 02/14/2008 4:46:21 PM PST by TigersEye (This is the age of the death of reason.)
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To: oblomov

Time to pull accounts from UBS, folks.

Pass the word.


23 posted on 02/14/2008 4:48:38 PM PST by A_Former_Democrat
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To: oblomov

Is Osama Obama against Free Enterprise? Does a bear s—t in the woods?


24 posted on 02/14/2008 5:12:01 PM PST by 2harddrive (...House a TOTAL Loss.....)
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To: oblomov
OBAMANAMANON


25 posted on 02/14/2008 5:19:57 PM PST by jdogbearhunter (Ceterum censeo, HRC delenda est.)
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To: oblomov

....remember to shelter you IRA’s


26 posted on 02/15/2008 5:26:30 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: oblomov
Would he be bad for business. Now! That is one of the stupidest things I have ever heard. Is socialism bad for business?
27 posted on 02/15/2008 7:52:22 AM PST by Piquaboy (22 year veteran of the Army, Air Force and Navy, Pray for all our military .)
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