Kerry: friend or foe of US business?

[kalian]

http://www.guardian.co.uk/uselections2004/story/0,13918,1153221,00.html

There are many insulting labels for him. Since emerging as the Democrat's presidential frontrunner, John Kerry has been called arrogant and aloof, a 'Boston Brahmin', 'gaunt and haunted' and (worst of all) 'French-looking'.
But now Republicans and right-wing commentators have another accusation to level. The Senator from Massachusetts, they allege, would be the most anti-business president of modern times.

It seems an absurd charge when Kerry expects to raise tens of millions of dollars in corporate sponsorship; in fact, says the Washington Post, no serving Senator has taken more money from lobbyists over the past 15 years.

But many of America's most influential industries have genuine cause to be worried if he makes it to the White House. Big Oil for a start. Kerry has been a fairly consistent environmentalist, supporting higher gasoline taxes, pushing for greater fuel efficiency in cars, and opposing George W Bush's decision to allow drilling in Alaska's nature reserves. 'John Kerry,' an anonymous oil source said last week, 'isn't a friend of the oil industry'. And if, as looks likely, the Democrats endorse him, petro-dollars will probably flow faster than ever into Bush's re-election kitty.

...more...

Interesting.

[fearnobush]

1. No matter after the convention,

Each candidate can not exceed 75 million for the GE. Problem though is, Bush will have that on the first day!!!

[teryang]

2. For business to survive the middle class

...must survive, the environment must survive and our children must be educated, healthy and have a fair opportunity to progress. How can one consume products and servces indefinitely on reduced compensation, inadequate health care and a trashed environment?
Is the theory that somebody somewhere will be healthy and affluent enough to buy my goods no matter how wrecked and indebted the social infrastructure becomes? The traditional obscurantist guilded age opposition of working Americans and capital is short sighted, simplistic and wrong. American government is most successful when it is consensus oriented, not class warfare oriented. That went out with Louis XVI and George III but the corporate CEO aristocracy and their wannabe sychophants have forgotten. They are back to the labor theory of profit and the international proletariat of colonized nations.

I hear this sort of drivel every day on CNBC whenever I turn off the mute button.