70% of CEOs Prefer McCain

Because they think Obama would be disastrous for business. And you know what that would do to job creation and the economy.

Over 70 percent of CEOs fear an Obama presidency will be a disaster
Chief Executive magazine’s most recent polling of 751 CEOs shows that GOP presidential candidate John McCain is the preferred choice for CEOs. According to the poll, which is featured on the cover of Chief Executive’s most recent issue, by a four-to-one margin, CEOs support Senator John McCain over Senator Barack Obama. Moreover, 74 percent of the executives say they fear that an Obama presidency would be disastrous for the country.
“The stakes for this presidential election are higher than they’ve ever been in recent memory,” said Edward M. Kopko, CEO and Publisher of Chief Executive magazine. “We’ve been experiencing consecutive job losses for nine months now. There’s no doubt that reviving the job market will be a top priority for the incoming president. And job creating CEOs repeatedly tell us that McCain’s policies are far more conducive to a more positive employment environment than Obama’s.”

Yes, it’s not because a McCain presidency means more money for them.

C’mon Hud.

Posted by  on  10/10  at  11:17 AM

Yes, and they provide jobs. Come on, Chris.

Posted by  on  10/10  at  12:38 PM

Chris has weighed in with the usual thoughtless liberal talking point: “If big business likes it, it’s bad for America!”  You’re usually a much more sophisticated thinker than that, Chris (I mean, you don’t think the trial lawyers and such donate 98% of their money to the Dems because it means more money for them?  Both sides play that game).  But who uses capital to create wealth in this country?  Who hires the most workers? Who can sell multinationally to help our balance of trade?  Only big business.  Even Wall Street, where we find the worst of the excesses, administers trillions in retirement funds and has used that money to finance new companies and to get returns exceeding inflation for such little outfits as TIAA-CREF.  Compare that to the huge return the government has given us on SSI.
And who would replace the evil, rapacious CEOs?  Chris Dodd?  Barney Frank?  Buildings full of unaccountable bureaucrats in Washington?  Oh, how much better off we’d be with honest politicians controlling the entire cash flow of the nation!
Corporations don’t want to rip off their customers.  First, it’s bad for business.  Second, if you loot the middle class, who will buy your products?  Third, through the magic of competition, customers can tell GM to get bent and buy Ford, or BMW, or Honda.
Corporate excesses result almost entirely from the fact that the government can play Santa Claus.  I laugh when liberals complain about lobbyists.  If the government didn’t have the power to hand out goodies and business benefits, there would be tumbleweeds blowing down the streets inside the Beltway.
The current financial crisis has been brewing for over a decade.  The primary causes, by far, are devaluation of the dollar, Sarbanes-Oxley, and forcing the private sector to finance trillions of dollars in loans to people who couldn’t afford to repay them.  All three are courtesy of our government, on both sides of the aisle.
Am I an expert economist?  No, but my assessment of the economy and knowledge of business let me leave the comics business with enough money to retire at the age of 45.  I also bought precious metals in 2002, and moved half of my investments into a bear fund last year.  The current flailing of the market has left me down less than 1%.  I may not have “book larnin’” but the proof of the pudding is in the eating.
I’m also a successful businessman who has befitted from treating my contractors and business partners with generosity and honesty, and most of the people I’ve worked with have been the same way.  As a result I’ve had over 25 years of success with everyone up and down the line making money.  And because I was not under the government’s thumb, I could fire the lazy and incompetent, or drop contracts with the untrustworthy.  If I’d been forced to hire certain people or contract with certain companies, I’d have been forced to hedge my bets and everyone would have been hurt. 
So when some whiny Starbucks barista type here in San Francisco starts whinging about “evil capitalists” I have to laugh. The Easter Bunny didn’t create your job.  Get out there and put your dick on the chopping block, boyo. I started with just $3000 I got from savings and selling my car.  The business world is still out there, so go for it, instead of hiring the government to rob others at gunpoint for you.

Posted by  on  10/10  at  04:59 PM

It really saddens me that so many people on the left can’t see how corrupt and fake the Democrats are. They look up to Dem candidates, who are a complete joke, like Al Gore and John Kerry, or worship a cypher like Obama.

No politician is worthy of being idolized. They are our employees. Not our masters.

Posted by  on  10/10  at  06:27 PM

Wow, Toren,

I didn’t know that about you.

Inspiring story, really!

And I agree with you 100% in the post.

It’s so easy to get discouraged and think that only the government or somebody else can help you out.  When it’s YOUR dollar that you’re making, you feel a lot better about yourself.  It’s a real esteem booster.

Yes, it helps to have connections, but the beauty of our society is that with a good attitude and a good head on your shoulders you CAN MAKE it with hard, honest work.  And you don’t have to screw over other people.

I see so much cynicism out there.

I have to admit I’ve gotten tired of the monthly comics because of this.  The optimism that filled most comics through the mid-1980s are largely gone because the group that took over when the Stan Lees and Julius Schwartzes retired were cynics, and, by and large, left-wingers who think we’re all dummies and misfits.

Granted, I believe a large portion of the people who still collect monthly comics are misfits and eat each other alive but there are still quite a few people who remember the optimism that was there in decades past and aspire to that instead of the darkness that fills a lot people’s hearts now.

Obama represents fakeness and emptiness.  I still don’t understand the whole phenomenon of worship of the man.  He hasn’t earned it.  I can understand some women flocking to the guy,—- they’re thinking with their hearts and not their heads—, but it puzzles me as to how some of the very cynics that I discussed earlier think this man is going to improve their lives.

People just don’t understand how the economy or government works in general.  Orthodox ideology and pure ignorance blind people to the realities around them.

Posted by  on  10/10  at  09:45 PM
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