Is industry conspiring to defeat President Obama

[DainBramaged]

Do you think that the major corporate players are conspiring against the President by holding back hiring EVEN THOUGH those new hires are needed, simply to destroy the recovery until 2012 when they can put a Republican in place?


:tinfoilhat: :tinfoilhat: :tinfoilhat: :tinfoilhat: :tinfoilhat:

[Enrique]

1. they don't care about Obama

they care about making money.

[WatsonT]

2. Why would they?

Who has transferred more money from mainstreet to wallstreet than Obama?

[jwirr]

6. BUSH

[el_bryanto]

9. Probably, but not by much. n/t

[WatsonT]

13. Tough call

But consider: if you have to defend Obama by saying he's not quite as bad as Bush what does that say about Obama?

I take it you didn't care for Bush right?

[jwirr]

16. Right I did not like bush. I actually think he hand MUCH more over

to wall street. 2 wars for the profiteers, the bank bailout, privatizing everything he could and all the contractors he hired for government things. Obama has kept those things going but much of it he would not have been able to get through our congress. Between the rethugs and the blue dogs he would never have been able to just turn back the clock.

[WatsonT]

18. So instead of "hope and change"

we can have "only 90% as bad as Bush".

Awesome

[jwirr]

19. Maybe you should walk in my shoes for a while. I got two of those

letters about cutting off assistance to MN residents. One for my severely disabled daughter who cannot live without medical help and myself. I will take any Democrat over the people who caused this mess. Sorry if they are not perfect. Far as I know no one is.

[WatsonT]

21. MN is controlled by democrats is it not?

[geardaddy]

22. Not now it isn't

Except for the Governor. And we just got rid of Timmy the Tool.

[MannyGoldstein]

3. Manufacturers have been pretty clear - there's no increased demand for products

And the government stats bear this out. Until consumers have money to buy stuff, demand won't be there.

This is why Keynsian pump-priming is needed, not "belt tightening".

[lumberjack_jeff]

4. They'd like to, but can't.

The low wages and less-than-zero taxes party also wants to default on our debt, which is decidedly bad for business.

[jwirr]

5. They are sitting on trillions of dollars of investment money and they

are refusing to create jobs. This probably has two reasons: first to keep the economy bad so it will hurt Obama and second responding to lack of demand for goods.

They are not ignorant - they know the jobs have to come first in order to raise the demand. They do not want to. They also do not want to do the things we want them to do with the investment money - renewable sustainable society building.

[earcandle]

7. Bush, as stupid as he was, knew how to weild power. Obama is like this cat. A sleepy pushover.

He doesn't do anything bold or different and just keeps
kissing the ass of the other side.  And he keeps investing in
wars with money he says we don't have to build jobs... we need
infrastructure jobs, not bombs and drone.  Weakling. 

[xiamiam]

8. the next president is being decided right now by the bilderbergs..nt

[Skidmore]

10. Yep, with the minions of the troll brigade.

[JDPriestly]

11. Yes. They want a Republican president to end the regulation

that makes it just a little more difficult for them to pollute and steal. That's what it is about.

They want to be able to dump their toxic waste whenever wherever. They don't want to have to put their toys away after they finish playing.

[NeedleCast]

12. probably Not

Although I voted Maybe.

Corporate American has show that it is short sighted and cares only about their quarterly profits and the immediate future of their stock performance. They don't think long term. That's why I think that, for the most part, they don't care much about directly opposing Obama. In answer to your question, I would say no, they would not intentionally hurt their short term profits simply to make Obama look weak on economy.

[Taverner]

14. Hell, the Democratic Party is conspiring to defeat Obama

[BOG PERSON]

15. it goes deeper than that, even

industry is conspiring to defeat obama. for no other reason except to personally upset YOU.

[RB TexLa]

17. No, there is way too much uncertainly to be increase any cost especially labor

any company that would increase hiring right now is run by a fool.

[JoePhilly]

20. Maybe / Somewhat

I think some companies are holding back for that reason, but I think there are other factors.

1) The near collapse of the financial industry scared many businesses big time, particularly those who had been using short term lending models on a month to month basis. If the financial industry had collapsed, they would have had no way to pay their bills in the short term. Profitable businesses might have gone out of business simply because they didn't keep enough cash on hand to be able to handle a 6 month lending freeze. Companies are now building up cash reserves so that they are less dependent on such short term financing. This cash is probably not coming back into the system.

2) Some companies sense an opportunity here. They are building up cash so that they can BUY smaller companies who start to struggle because of the lending situation. This is a way to increase your market share and expand your product portfolio.

I think those 2 thoughts are a key obstacle standing between the money these businesses are holding, and the new jobs.

[craigmatic]

23. I think it's fair to say that they are.

I don't see what they have to gain from it though. The repigs have prevented Obama from getting regulators and expearienced people seated in bureaucracy. He's given them tax cuts. What the hell are they really afraid of?