3M chief warns Obama over business regulation

[The Northerner]

The head of one of the US’s biggest industrial groups has launched a scathing attack on Barack Obama’s attempts to repair relations with companies, dubbing him “anti-business”.

Manufacturers could shift production out of the US to Canada or Mexico as a result, warned George Buckley, chief executive and chairman of 3M.

“I judge people by their feet, not their mouth,” he told the Financial Times. “We know what his instincts are – they are Robin Hood-esque. He is anti-business.”

The Obama administration has struck a more conciliatory tone towards business since the Democratic defeat in November’s midterm elections.

Read more: http://www.ft.com/cms/s/0/bd9b4100-429b-11e0-8b34-00144feabdc0.html?ftcamp=rss

[ClassWarrior]

1. How much does 3M pay in taxes?

NGU.

[L0oniX]

2. One of the sociopath bosses speaks.

[lonestarnot]

3. So let em and take your stinking fucking family bloodsuckers with you!

We'll get along just fine without your ass!

[Horse with no Name]

40. Reinstate tariffs

I bet those bloodsuckers all come crawling home.

[spanone]

4. i must say, with all due respect, mr buckley should go fuck himself.

he's anti-Obama....

[BuelahWitch]

24. Let me add: with a red hot poker!

Jesus Christ on a Cracker these assholes are greedy! :grr:

[csziggy]

5. 3M makes thousands of products - here are some of their brands

Nexcare™, Post-it®, Scotch®, Scotch-Brite®, and Scotchgard™

http://solutions.3m.com/wps/portal/3M/en_US/Prods/3M-Brands/

For all their products, here is their A-Z product listings:
http://www.3m.com/product/index.html

It's going to be hard avoiding their products!

[Frustratedlady]

6. He sounds like someone you're really want to get to know. Not!

Let's see.

Brawny paper towels
Vanity napkins
Paper cups
3-M products

Keep `em comin' boys!

[Pirate Smile]

7. “We know what his instincts are – they are Robin Hood-esque. He is anti-business.”

These ultra-rich bastards truly think they deserve it all and the increasing income inequality in the US is just wonderful.

Disgusting.

[ClassWarrior]

8. And Robin Hood was a hero.

:rofl:

NGU.

[Better Believe It]

12. So they want Obama to take from the poor and give everything to the rich.

They will never be satisfied no matter how much President Obama represents big capital.

[Pirate Smile]

17. I Know! These are the people who root for the bad guys. Why must the serfs refuse to be thankful for

their lot in life? He'll need to feel more sorry for himself when President Obama wins reelection.

[aquart]

32. They do forget that.

[aquart]

35. wrong place.

[ArcticFox]

41. Yeah, right?

But never having been rich, I'm not sure they see it the same way. I'd guess they always thought Lex Luther was the real hero, too, and the Superman story was a real tragedy.

[surrealAmerican]

47. He would, no doubt, prefer a president who was ...

... "sheriff of Nottingham"-esk.

[BanzaiBonnie]

21. We know what his instincts are

keep the workers down.

[siligut]

9. Why do you hate America George Buckley?

He is going to take his ball and go home if Obama doesn't play right.

[PA Democrat]

10. Buckley, another anti-American robber baron

The sense of entitlement really pisses me off.

[defendandprotect]

11. What "anti-business" BS -- just more elite effort to move Obama further to the right ---

[Foo Fighter]

30. Yes, there does seem to be a trend here...

[Pisces]

13. Wow, based on what I read on this site Obama is accused of being pro-business. This does not

jive with what people are saying??? Hmmm.

[Name removed]

25. Deleted message

Message removed by moderator. Click here to review the message board rules.

[cui bono]

31. So you actually believe the right wing's accusations? Don't you realize that is their tactic?

To accuse Dems of something they aren't guilty of and then watch them take the bait and try to prove they're not. Too bad Dems always fall for it. Especially Obama.

[asjr]

14. Mr Buckley sounds as if he is going to

take the USA hostage unless he gets his way. We should just call him Blackbeard. He sounds like a pirate to me. Leave Robin alone!

[Dyedinthewoolliberal]

15. Anti- business translated

means "keep your fucking hands off us".................

[upi402]

16. Obama needs to define between his enemies from his former supporters

whose bridge he has burned to ash dust.

[DJ13]

18. This is what happens when you suck up to the sociopaths who run corporations

You can never make them happy, and your actions President Obama only increases the misery of the people most vulnerable.

[CoffeeCat]

22. I hope Obama is learning this...

No matter how much you kow tow to these sociopathic greedmongers--unless you are
totally in the tank as an inhumane neocon, capitalist scumbag--they will NEVER
be your friend. NEVER.

I wish Obama would stop trying to please these wolves. They will go for the
jugular and try to destroy him, every chance they get. No matter how many
"nice" things Obama does for them.

[kenny blankenship]

43. He went to school with these sociopathic greedmongers.

But he'll never stop trying to fit in no matter what they call him. He should know better with his mind and education, but somehow he just can't help trying to conform.

[CoffeeCat]

46. Can you imagine the campaign slogan?

Obama: Conformity we can believe in!

We had CHANGE drilled into us, we almost started believing it.

[HEyHEY]

19. Canada? Yeah, buddy like you'll get a better deal in Canada

That's the dumbest threat I've ever heard.

[CoffeeCat]

20. Screw you!

Yeah, buddy. Anyone who puts any limits on businesses, and doesn't allow them to operate
like it's the Wild West; and anyone who wants corporations to pay their fair share---is
"anti business".

Obama voted to bailout the banks. He also allowed the big-insurance companies to get their
way with healtcare reform. Obama also didn't hold BP accountable. Yeah, he's real "anti
business". :)

You are a selfish pig! You sociopathic scumbags won't be happy until you can do whatever
the hell you please--and until every last penny is in your coffers.

Screw you!

[slay]

23. Fight corporate fascism! "Manufacturers could shift production out of the US" -sounds like a threat

to me! Let um - and then ban them from selling their shit in the USA. We'll put up a publicly owned group to replace them and keep the jobs! Fuckin arrogant rich assholes. They have WAY too much power. :mad:

[lonestarnot]

28. I so fucking agree! We will be better off without them!

[Bigmack]

26. Check this out!..

3M is certainly doing better under the anti-business Obama...

Rising Asian Sales Help 3M To a 43% Income Increase
By THE ASSOCIATED PRESS
Published: July 22, 2010
http://www.nytimes.com/2010/07/23/business/23mmm.html?_r=1&ref=3mcompany

Fucking their retirees, tho...

3M to Dump Its Retirees on the Individual Market
Filed in Medicare on October 4, 2010
http://online.wsj.com/article/SB10001424052748703859204575526953379583836.html?mod=googlenews_wsj

In January of '09, their stock was about 45... now it's 90.

They got a $4.27 million incentive from Columbia, MO for bringing 120 jobs..
http://www.columbiatribune.com/news/2010/oct/15/3m-incentives-worth-millions/

I'm sorry.... I can't continue this little research project. I'm getting too bummed and pissed.

Those motherfuckers are raking it in... and their situation just keeps getting better under Pres. Obama. And the ungrateful ......

Somebody do some more research...

[Pirate Smile]

27. This comment goes right up with Obama taxing Hedge Funds like regular income=Hitler invading Poland.

“It’s a war,” Schwarzman said of the struggle with the administration over increasing taxes on private-equity firms. “It’s like when Hitler invaded Poland in 1939.”

http://www.newsweek.com/2010/08/15/schwarzman-it-s-a-war-between-obama-wall-st.html#

These guys are just completely f#$king nuts and now they can use their billions in an unlimited way to try to keep Obama from winning reelection in 2012.

Democrats and People on the Left need to focus on who the real enemy to them is - and it's not Barack Obama. It's these bastards and we will need everyone working to prevent them from winning in 2012. I think the amount of corporate $$$ used against Obama is just going to be staggering.

[LiberalAndProud]

29. I'm happy to see I'm not the only one saying just go already.

This kind of blackmail and hostage taking just doesn't sit well with me. Do I believe watching them go will be painless? No. Do I think we'll be better off in the long run? Yes. We can do better.

Go already.

[Angry Dragon]

33. Business doesn't seem too bad for him

From Wikipedia

While CEO of 3M in 2008, George Buckley earned a total compensation of $12,182,410; which included a base salary of $1,720,000; a cash bonus of $2,844,074; stocks granted of $4,002,421; options granted of $3,363,492; and other compensation of $252,423.<3> In 2009, George Buckley earned a total compensation of $13,992,628, which included a base salary of $1,720,000, a cash bonus of $3,859,112, stocks granted worth $4,333,655, options granted of $3,757,572, and other compensation of $322,289.<4>

[Dragonfli]

34. Based on past actions, he will give them what they want, they have learned this works

There is no incentive for them to stop as they will still pay no taxes and based on past decisions they will get what they are asking for now.

[aquart]

36. What an unpatriotic swine.

[Pirate Smile]

39. I'm sure he just hated this line by Obama to the Chamber of Commerce:

'Echoing John F. Kennedy, President Barack Obama prodded business leaders Monday to "ask yourselves what you can do for America," not just for company bottom lines, even as he sought to smooth his uneasy relations with the nation's corporate executives.'

http://news.yahoo.com/s/ap/20110207/ap_on_re_us/us_obama_chamber

[highplainsdem]

37. Buckley is an idiot.

He talks about business moving their manufacturing to other countries because they're "not indentured servants" and "will do business where it's good and friendly" -- and then he complains that he "can't get enthusiastic" about the US economy because of "what's going on in housing, in automotive, in manufacturing in general." As if throwing Americans out of work here wouldn't inevitably limit corporations' ability to sell houses, cars, etc., in the US.

Of course, this is someone stupid enough to think it's an insult to the President to compare him to Robin Hood...

[MilesColtrane]

38. Hey, Buckley.

Go ahead and relocate your factories to Mexico, and watch all the "savings' you've made by not using American labor vanish when oil hits $1755 a barrel and you have to truck your products the extra hundreds of miles to get them back into the country.

You're bluffing, chief. Everyone knows it.

[kenny blankenship]

42. Let's see: he bails out the banks and nobody goes to jail. He bails out Detroit.

He drops without further comment his primary campaign pledge to reopen unfair job-exporting trade deals, and starts negotiating new ones with countries we haven't sold out to yet... The military industrial gravy train runs on time, faster and more deluxe than ever... BP poisons the Gulf of Mexico and he goes on TV to eat Gulf shrimp with a big grin on his face like nothing's wrong. He lets big insurance write their own ticket helping themselves to 15% of everybody's income, or else...

Tell me how this guy is supposed to be anti-business? He's done everything he could do to be their friends and they still don't like him.

[BR_Parkway]

44. "Manufacturers COULD shift production out of the US..."??? WTF does

he think has happened around here since Raygun wanted to deregulate everything and let it all trickle down on us?

[theophilus]

45. There is simply NO dealing with these pigs in a way that will benefit the American

people and the planet. It's time for a new "bustin'" for these modern day versions of TR's "Trusts". Tax the crap out of them and instead of the no regulation they want regulate them in spades.

[surrealAmerican]

48. How long are we going to let these people blackmail us?

Perhaps it's time to start enforcing some anti-trust laws.