Skip to comments.Tea Party's Rise Gives Business Pause
Posted on 09/18/2010 7:30:58 AM PDT by KeyLargo
Tea Party's Rise Gives Business Pause
* BUSINESS * SEPTEMBER 17, 2010
By BRODY MULLINS and NAFTALI BENDAVID
Business leaders and lobbyists are increasingly worried that the election of tea party-backed Republican candidates to Congress might threaten their priorities next year, fearing that these candidates' anti-spending fervor and opposition to special tax breaks would jeopardize prized programs.
Business leaders clearly prefer a Republican-controlled Congress to a Democratic one, judging from their statements, endorsements and campaign contributions. They cite low taxes, less regulation and certainty in the business environment as among their top priorities in Washington, and many see Republicans as more responsive on these topics.
And campaign donations from the business community, along with voter anger at Washington's current leadership, are playing an important role in helping Republicans as they try to regain control of the House and Senate in the November elections....
(Excerpt) Read more at online.wsj.com ...
Seems some are worried about ‘welfare reform’ CORPORATE welfare reform to be more specific.
Showing their true colors. They have spent years developing the global new world order. T Power might put a stop to their plans for us.
That explains a lot, and reveals the ugly underside of the politics today. I, for one, don’t like to see pols & moneymen scratching each others’ backs at my expense.
The only “worried” businesses are those that really aren’t businesses but rather clients of the state. Every one of those needs to change or die.
We need to start making the distinction between “businesses” and “corporations”.
Large, national corporations and Wall Street benefit from the current system, because they have the clout to pull strings in Washington to make the system work to their benefit.
Businesses are hurt by the current system, that tilts the playing field towards corporations.
Businesses love the tea party. Corporations don’t.
Large corporations and Wall Street are not true capitalists...they practice crony capitalism at the expense of the average American.
Really good article. I suspect companies like GE and Dow are especially worried about losing their potential ill gotten gains via the green initiatives. The tree of liberty’s watering includes more than just government.
[Big] Business leaders, [Karl Rove] and lobbyists are increasingly worried that the election of tea party-backed Republican candidates to Congress might threaten their priorities next year...
It gives the corporate/government-complex businesses pause.
I love the smell of gunpowder in the air.
I love the smell of peoplepower in the air.
The biggest obstacle to business is government interference.
Do away with all (or most) of those taxes, policies, taxes, regulations, taxes and federal requirements and competition will thrive. How many more people would have jobs today if employers weren’t saddled with a ton of government mandates and costs?
The rise of the Tea Party means the return of free enterprise for all, not government-endorsed success for some.
Chamber of Commerce is 100% open borders.....On this they don’t like the Tea Party candidates. Chamber of Commerce verges on treasonous when it comes to illegal immigration. I have seen their public pronouncements on this.
They are stuck on stupid on this ....Always wanting to bust the US worker at all costs. They love HB1s that make life very difficult for native born software engineers. I have seen Indians that have been here for 10 years complaining about HB1s that kill their wages...even though they started out as an HB1
While the private sector has been shedding millions of jobs, the problem is that there is one "employer" who hasn't stopped "hiring." And, the sad fact is that whatever dollars are earned by government workers, those dollars first had to be cocercively "taken" from the one group of citizens who produce things, thereby creating wealth--or, they are borrowed or inflated dollars, to be paid by our great-grandchildren's labor, not ours. (There, that's too much for one sentence.)
If you've read the following post on another thread, please ignore. It does, however, relate to the subject of this thread and Jefferson's wisdom and foresight are absolutely spot on!
Today's jobs situation is the result of departure from our constitutional foundations. It has been brought about by the so-called "progressives'" takeover of the reins of government.
As for "job creation,"--just think about it. The most successful "experiment" in job and wealth creation is the one which began in 1776 in America, was protected and "secured" by a written Constitution that severely limited government, and it thrived for over two centuries. It provided an example of more liberty and opportunity, more productivity, and more goods and services than the world ever has seen.
It happened under what James Madison called "the benign influence of a responsible government."
While Europe struggled with oppressive government intervention, the genius Founders of America recognized enduring truths about human nature, the human tendency to abuse power, and the possibilities of liberty for individuals. Richard Frothingham's 1872 "History of the Rise of the Republic of the United States," Page 14, contained the following footnote item on the condition of citizens of France:
"Footnote 1. M. de Champagny (Dublin Review, April, 1868) says of France, 'We were and are unable to go from Paris to Neuilly; or dine more than twenty together; or have in our portmanteau three copies of the same tract; or lend a book to a friend: or put a patch of mortar on our own house, if it stands in the street; or kill a partridge; or plant a tree near the road-side; or take coal out of our own land: or teach three or four children to read, . .. without permission from the civil government.'
Clearly the government of France laid an oppressive regulatory and tax burden on citizens, robbing them of their Creator-endowed liberty and enjoyment thereof. Frothingham observed that such coercive power constituted "a noble form robbed of its lifegiving spirit."
Thomas Jefferson warned Americans:
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
Note Jefferson's very last thought here. He declares that when government taxing and debt have reached certain levels, in order for individuals to survive, then their chosen "employment" becomes "hiring ourselves to rivet their (the government's) chains on the necks of our fellow-sufferers."
Consider: in 2010, where are America's levels of employment highest? Is it in the once-thriving private sector, or in the ever-increasing government sector?
Have we reached that final phase of what Jefferson described as a logical end to what begins as letting "our rulers load us with perpetual debt"--a state where we actually become participants by "hiring ourselves" to make slaves of our fellow citizens?
Where to, America?
You're exactly right! Businesses give power to the individual - corporations take that power away.
I’m telling you. From Karl Rove going postal to this article. My eyes are wide open. And we’ve been duped. For a long time.
There really is a ruling class and the rest of us.
Naturally they prefer the GOP. But in the big picture these corps could care less. If the Dems are favored they shower the Dems. And hire lawyers and lobbyists to game the system. If the GOP is favored they payoff the GOP.
I am more disgusted today than I have ever been.