President Obama woos corporate CEO's as he adopts their "yes we can" political agenda [View All]

[Better Believe It]

Obama Woos CEOs as Frictions Ease
By ELIZABETH WILLIAMSON
December 11, 2010

President Barack Obama will convene a one-day summit of corporate chief executives Wednesday as part of a renewed White House effort to build support among business leaders for his economic agenda.

Ideas for overhauling the tax code and cutting the deficit will be a substantial part of the Wednesday discussion, Presidential adviser Valerie Jarrett said, as would ideas for "a balanced approach to regulations—to promote economic growth and give business regulatory certainty and predictability while providing safety for the American people," she said.

"Regulations have been a fault line with business, so compromise on them would be a very welcome change," said Johanna Schneider, executive director of the Business Roundtable, composed of chief executives from the U.S's biggest multinationals

Since the election, Mr. Obama "has done the right thing to reach out to people in both parties….I think he is going to be more experienced and build more coalitions than he was before," U.S. Chamber of Commerce President Tom Donohue said Friday on Fox News.

Read the full article at:

http://online.wsj.com/article/SB10001424052748703518604576013194238316636.html?mod=WSJ_hp_LEFTWhatsNewsCollection

Oh yes. We need to weaken or end all of those nasty regulations that have restrained Wall Street and corporate America from screwing the people even more!

But, President Obama and Congress promise more change they can believe in! Ms. Schneider from the Business Roundtable happily pointed out: "The tax compromise and the Korea deal made a big difference—there's a lot of respect, and the view that this could open the door to further compromises by the president and Congress." Yes they can! BBI


President Barack Obama meeting with executives in January 2009, at the outset of his administration. From left, Greg Brown of Motorola, Sam Palmisano of IBM, Anne Mulcahy of Xerox, and Eric Schmidt of Google.