Quote:
Originally Posted by spence
You should spend more time talking to actual corporate execs rather than reading Right wing blogs...
-spence
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Intel CEO Paul Otellini, referring to Obama and the Democrats, said in an August speech to the Technology Policy Institute's Aspen Forum, "
I think this group does not understand what it takes to create jobs."
Verizon CEO Ivan Seidenberg, in a June speech at the Economic Club of Washington, accused Obama of creating an "
increasingly hostile environment for investment and job creation."
Cypress Semiconductor's Rodgers told me last week that he had "started out happy with Obama because we had broken through the white male barrier" and made "a step forward for equality." But Rodgers added: "
I have become deeply disappointed with him. It is amateur hour in Washington. The guy hasn't got a clue about the economy, how jobs are created, how wealth is created. It reminds me of the Jimmy Carter years, only worse."
Blackstone Group CEO Steven Schwarzman seemed to compare the Obama administration to Hitler by saying in a recent private meeting that Washington's push to increase taxes on private-equity firms is war, "like when Hitler invaded Poland in 1939," according to Newsweek.
July 19, 2011
Publicly-traded companies hold quarterly conference calls where investors are given updates on the state of the company and often hear about positive plans for the future.
Just yesterday, Wynn Resorts (WYNN) CEO Steve Wynn was speaking on a company conference call when he unleashed on President Obama, ranting about what
Wynn sees as anti-business, socialist policies that are frightening companies as well as customers.
Bernie Marcus co-founded Home Depot (HD) in 1978 and brought it public in 1981 as the U.S. was suffering from the worst recession and unemployment in 40 years. The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing.
But Marcus says Home Depot "
would never have succeeded" if it launched today due to onerous regulation.
Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.
“It makes U.S. jobs more expensive,” Ballmer said in an interview.
“We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”
"
We don't know what the latest great idea from Obama will be. Therefore, we are hunkering down," Cypress Semiconductor CEO T.J. Rodgers.
74% of CEOs Believe Obama Would Be Disastrous for the Nation | October 09, 2008 |
With the nation in the middle of what is being regularly reported as the worst financial crisis since the Great Depression, a new poll found that 74 percent of America's top business leaders fear "an Obama presidency would be disastrous for the country."
i GUESS THEY WERE RIGHT
7/29/11
As U.S. Chamber of Commerce economist Martin Regalia warned Friday,
Obama's increased regulation and uncertainty for small businesses "have made it extremely difficult for the economy to grow and create jobs."