With Traditional GOP Allies Defecting, Big Business Takes Sides With Obama

[babylonsister]

With Traditional GOP Allies Defecting, Big Business Takes Sides With Obama
Charles Babington And Jim Kuhnhenn – October 2, 2013, 8:47 AM EDT


WASHINGTON (AP) -- Having failed to persuade their traditional Republican allies in Congress to avert a government shutdown, business leaders fear bigger problems ahead, and they're taking sides with a Democratic president whose health care and regulatory agenda they have vigorously opposed.

President Barack Obama is embracing the business outreach, eager to employ groups like the U.S. Chamber of Commerce and Wall Street CEOs to portray House Republicans as out of touch even with their long-established corporate and financial patrons.

Yet, the partial closing of the government and the looming confrontation over the nation's borrowing limit highlight the remarkable drop in the business community's influence among House Republicans, who increasingly respond more to tea party conservatives than to the Chamber of Commerce.

On Wednesday, Obama is hosting chief executives from the nation's 19 biggest financial firms. Moreover, the Chamber of Commerce has sent a letter to Congress signed by about 250 business groups urging no shutdown and warning against a debt ceiling crisis that they say could lead to an economically disastrous default.

snip//

But in a rejection of the tactics of House Speaker John Boehner, the letter urges Congress to pass first a short-term spending bill, then raise the debt ceiling, "and then return to work on these other vital issues."

That advice is being ignored by the GOP-led House.

more...

http://talkingpointsmemo.com/news/with-traditional-gop-allies-defecting-big-business-leaders-take-sides-with-obama

[CaliforniaPeggy]

1. Thus proving the old adage: Politics makes for strange bedfellows.

my dear babylonsister!

[louis-t]

2. And yet, repugs will be lined up with their hands out come election time.

[starroute]

3. We can expect some interesting GOP primary battles next spring

With Chamber of Commerce money pitted against Koch Brothers money, primaries in sleepy little deep red districts are likely to become battlegrounds. The locals won't know what's hit them.

[winter is coming]

4. I'll admit I didn't see this one coming...

[babylonsister]

6. Well, their bottom line is important.

This is all so bizarrely fascinating!

[winter is coming]

8. It reminds me of Gene Wilder as Willie Wonka...

[BumRushDaShow]

5. Rethugs have thrown away EVERY constituency

that they have ever had, and have now thrown their corporate sponsors (other than the Kochs) under the bus - all because of the black face in the White House. It's remarkable that the only thing they will have left to embrace is the KKK.

[babylonsister]

7. Maybe moreso for having no balls. They will blame it

on the teabaggers, but balls were and are lacking. And don't get me started on brains and ethics and morals, and all those things the representatives of us should have.

[Robbins]

9. Big business

With shutdown any that has government contracts are hurt. Remmeber they don't want default.

[Yo_Mama_Been_Loggin]

10. Maybe business can light a fire under the Rethugs asses

[URL=http://www.sherv.net/emoticons.html][IMG][/IMG][/URL]

[pinboy3niner]

11. The U.S. Chamber of Commerce and trade groups opposed shutdown

Trade groups to Congress: No shutdown
By ANNA PALMER | 9/27/13 2:01 PM EDT

The U.S. Chamber of Commerce rallied nearly 240 groups to sign a letter Friday afternoon pushing Congress to avoid a government shutdown and to move fast to raise the debt ceiling.

“It is not in the best interest of the employers, employees or the American people to risk a government shutdown that will be economically disruptive and create even more uncertainties for the U.S. economy,” the groups wrote. In addition to the Chamber, Airlines for America, Business Roundtable, Consumer Bankers Association, Edison Electric Institute, Retail Industry Leaders Association, Securities Industry and Financial Markets Association, the Real Estate Roundtable, U.S. Travel Association and United States Telecom Association were among the large trade associations signing the letter.

...


http://www.politico.com/story/2013/09/trade-groups-congress-shutdown-97468.html

How much fucking political cover does Boehner need to put up a clean bill???

[babylonsister]

12. I want to know who is influencing Boehner.

Seems they are powerful.

And if it really is the teabaggers, I weep.

[Jamaal510]

13. It's a long shot,

but maybe pretty soon, most business leaders will realize that businesses succeed under Dem. administrations rather than Repub., and that they'll have more customers from UE being lower.

[Cha]

14. Where's the JOB Bill, boner?! Freaking derelict..

boner doesn't care.. he's got Koch on his side.

boner and his band of terrorists are turning everyone who has a brain against them.

thanks babylonsistah.. This is excellent news and perfectly logical!