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Business "officially horrified" at prospect of filibuster-proof Senate

By Kyle Prast
Monday, Oct 27 2008, 11:59 PM

I first heard about the U.S. Chamber of Commerce ads on Mark Levin's Friday, Oct. 24th broadcast. (About at the 40 minute mark.) Mark also discussed socialism and floated the possibility that Obama somehow considers his spreading the wealth as reparations.

Mark characterized the business community as being "officially horrified" at the prospect of being under a Democrat majority House, Senate, and presidency. From the Wall Street Journal, Business Finally Fights Back The U.S. Chamber of Commerce throws its weight against a filibuster-proof Senate: (My emphasis)

Ten days to election, and they are pouring millions into ads, canvassing neighborhoods, making calls, getting out the vote, enraging Democrats -- all in an effort to turn around a dire political situation. The Republican National Committee? No. The U.S. Chamber of Commerce.

The business community is back in politics. After years of contented political gridlock, American companies are now officially horrified at what an all-Democratic Washington intends to inflict on the U.S. economy. The Chamber is throwing its extensive resources at denying the left a filibuster-proof Senate. In doing so, it has stuck its finger in the Democratic leadership's beehive, and is facing retribution.

It says something about the momentousness of this race that the Chamber doesn't care. While the trade group has always been a force, over this decade many businesses have inched back from in-your-face politics. They felt comfortable with Republicans in charge. They felt comfortable with Democrats running Congress, since divided government rarely brings change. They felt comfortable not offending either political party, and not inviting attack by liberal activists.

They do not feel comfortable now. The Democratic Party once respected the need for a healthy U.S. business community. That was in part because business was ferocious enough to demand respect. But a resurgent labor movement has asserted control over the party. And business has been more concerned with PR than principle. This, and the recent financial crisis, has emboldened Democrats to pursue a pure antimarket agenda.

Their "card check" legislation means thuggish unionism. Their tax policies would squelch American capital. They'll reverse tort reform. Their antidote for today's financial mess is a super-Sarbanes-Oxley. Trade? What's that? Energy? What's that? Henry Waxman will start so many witch hunts, he'll need a lottery to see who goes first...

I have yet to see an ad because they are only running in select states.  But I welcome any and all ads that raise the voter's awareness of what is at stake in this election.

Please, comment content should relate to the subject of the post. Although I try to respond to many, do not interpret my lack of a response as agreement.

Links: 

 

counter hit xanga

Brookfield7, Fairly Conservative, Betterbrookfield, Jay Weber, Mark Levin,  Vicki Mckenna

 

Love that Joe the plumber, he calls Obama on tax plan

By Kyle Prast
Thursday, Oct 16 2008, 10:57 AM

We are learning more and more about Barack Obama's tax plan--it is not a tax cut but a socialistic increase in spending.

As Obama was on the campaign trail in Ohio this week, Obama encountered Joe the plumber--a small businessman. He was not impressed with the Obama tax plan. Fox News Neil Cavuto interviewed Joe.

Now Barack's response, 'Spread the Wealth Around' Comment Comes Back to Haunt Obama:  

Sen. Barack Obama’s recent comments to a plumber named Joe are making some Americans nervous about Obama’s wealth-redistribution tendencies.
 
“Your tax plan’s going to tax me more,” the plumber named Joe Wurzelbacher told Obama at a rally in Ohio on Sunday.
 
Wurzelbacher told the Democratic presidential candidate he’s about to buy a company that will put him above the $250,000 income level. Obama has said he will raise taxes on people making a minimum of $250,000 – and that includes small businesses that file taxes as individuals.
 
“It’s not that I want to punish your success, I just want to make sure that everybody who is behind you, that they’ve got a chance at success too,” Obama told the plumber.

That spread the wealth comment was picked up by "McCain and other critics, who say Obama sounds like a socialist."

Contrast that with the McCain position:

“My friends, my plan isn't intended to force small businesses to cut jobs to pay higher taxes so we can ‘spread the wealth around.’ My plan is intended to create jobs and increase the wealth of all Americans,” McCain said.
 
McCain says he would reduce business tax rates to boost job-creation.

After the yesterday's debate, the Joe was interviewed by ABC: Joe The Plumber: Obama Tax Plan 'Infuriates Me'. CBS also interviewed Joe post debate; he said the McCain health care plan would help him more. Joe didn't get to say anymore because the network said they were out of time. 

The idea of taking from the more wealthy, like Joe, and giving to the less wealthy, regardless of if they pay federal income tax or not, is not a tax cut. It is welfare. It doesn't sound like socialism, it IS socialism.

Please, comment content should relate to the subject of the post. Although I try to respond to many, do not interpret my lack of a response as agreement.

Links: 

 

counter hit xanga

Brookfield7, Fairly Conservative, Betterbrookfield, Jay Weber, Mark Levin,  Vicki Mckenna 

 
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