Why CEOs hate Obama

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spidey07

No Lifer
Aug 4, 2000
65,469
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This nails what business is feeling from Obama's constant attack on business. His anti-capitalism rhetoric, his "you've made enough money" statements and the perpetual message of "if you make a profit you're evil". This is not leadership from a president, it is willful and purposeful destruction of our economy.

http://articles.moneycentral.msn.com/Investing/CompanyFocus/why-CEOs-cannot-stand-obama.aspx

CEOs on the offensive
Consider the following attacks on Obama and the Democrats in recent months:

* 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.
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Ldir

Platinum Member
Jul 23, 2003
2,184
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Isn't this a repost? I remember another story about rich CEO's crying about their golden goose.
 
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spidey07

No Lifer
Aug 4, 2000
65,469
5
76
dank69 said:
Jobs were going bye-bye long before Obama ever got into office...
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But he made it exponentially worse and continues to do so. He's doing it on purpose. Make no mistake, he will not rest until our economy is in ruins.
 
her209

her209

No Lifer
Oct 11, 2000
56,336
11
0
Obama going after companies that offshore jobs. Sounds good to me. Its funny to see companies that offshore jobs rely on companies that keep jobs here to continue employing Americans to buy their Made-in-China, supported-by-India products to remain profitable.
 
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IronWing

IronWing

No Lifer
Jul 20, 2001
72,926
34,086
136
Spidey a corporate shill! Say it ain't so. Guess what Spidey, your boss' boss may love you as an employee but he ain't never gonna share the donuts.
 
DesiPower

DesiPower

Lifer
Nov 22, 2008
15,299
740
126
IronWing said:
Spidey a corporate shill! Say it ain't so. Guess what Spidey, your boss' boss may love you as an employee but he ain't never gonna share the donuts.
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We dont want him to, we want him to pay us, pay our health insurance, bonuses and 401ks so that we can buy our own.
 
Lemon law

Lemon law

Lifer
Nov 6, 2005
20,984
3
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What we need is a thread about why we should hate rich overpaid morally bankrupt
CEO's.

I can think of about a thousand reasons just off hand, after that it might take a little google research to find the next thousand reasons, custom tailored to fit individual CEO's like Ken Lay, and many of his ilk who never saw the inside of a jail cell but should have. Of course it gets easier when the CEO in question is in a jail cell because they got caught.
 
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Moonbeam

Elite Member
Nov 24, 1999
74,764
6,770
126
DesiPower said:
When the cops are corrupt and becomes criminals themselves... well... criminals are not the only ones that hate them
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Criminals spend billions insuring that ordinary folk hate the cops. You see your own training.
 
DesiPower

DesiPower

Lifer
Nov 22, 2008
15,299
740
126
Lemon law said:
What we need is a thread about why we should hate rich overpaid morally bankrupt
CEO's.

I can think of about a thousand reasons just off hand, after that it might take a little google research to find the next thousand reasons, custom tailored to fit individual CEO's like Ken Lay, and many of his ilk who never saw the inside of a jail cell but should have. Of course it gets easier when the CEO in question is in a jail cell because they got caught.
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Then start one, this thread is about Obama and CEOs. If he he really wants to protect his fellow Americans from the CEOs then he should give then motivation/incentives for creating jobs in US and not just keep bashing them and demanding money from them
 
DesiPower

DesiPower

Lifer
Nov 22, 2008
15,299
740
126
Moonbeam said:
Criminals spend billions insuring that ordinary folk hate the cops. You see your own training.
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You must be a over privileged fat professor or something living in a first world country who is totally oblivious about what goes on in the rest of the world...
 
SP33Demon

SP33Demon

Lifer
Jun 22, 2001
27,928
143
106
Exclusive: Google CEO unleashed
Sep 17, 2010 09:42 EDT
eric schmidt | google

Earlier this week at the Google Zeitgeist conference, the company’s chairman and CEO Eric Schmidt said there was a divergence between his sector and the rest of the economy. While high-tech firms are currently receiving new investments, rolling out new products, and hiring new workers, the broader economy is at a standstill. “The damage that was done by the recession was much more severe than people acknowledge,” Schmidt said.

As the head of one of Silicon Valley’s most profitable companies and an ally of President Obama, Schmidt defended the White House from the charge that it is anti-business. He said recent events like the financial crisis and the BP oil spill showcased the need for government regulation of the private sector.
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Look, I can find a big company CEO that defends Obama! Aren't you impressed!
 
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brencat

Platinum Member
Feb 26, 2007
2,170
3
76
her209 said:
Obama going after companies that offshore jobs. Sounds good to me.
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Actually, he's going after all companies whether or not he realizes it. Making small businesses file tax returns for every vendor they deal with that supplies them with > $600 worth of goods is a red tape nightmare. Do you think a plumber, flower shop, hardware store, etc wants to deal with that? Is savvy enough to deal with that? Nope. Now he's got to spend $2k hiring an accountant to fill all that crap out plus keep highly organized paperwork, etc. An expense in time and effort he/she could be using to run the business and make money. And this is just one example.
 
ProfJohn

ProfJohn

Lifer
Jul 28, 2006
18,161
7
0
I like how everyone is attacking spidy and ignoring what the CEOs themselves are saying.

It should be clear to anyone paying attention that Obama and his team have no clue at all about creating jobs.

Obama and the Democrats push through all these mandates and regulations that hurt businesses and then they sit back and scratch their heads in confusing when the businesses stop hiring.
 
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