Thread: The New Democratic Strategy Is To Make Businesses Hate Repub

The New Democratic Strategy Is To Make Businesses Hate Republicans
Joe Weisenthal | Apr. 24, 2011, 12:51 PM | 2,887 | comment 68




barney frank


Back in January, when Barack Obama announced that Bill Daley would be his new chief of staff, we wrote about the real reason the White House was suddenly getting more "pro business". It was not that Obama had a sudden shift. The idea was that in anticipation of some serious fights, there was an opportunity to separate the GOP from the business community.

Here's what we said:

The goal is really to marginalize the hardcore pro-austerity wing of the GOP -- the Tea Partiers, the Jim DeMint acolytes, and the debt ceiling stalwarts.

If you're Citigroup or JPMorgan or Caterpillar or Boeing or any other big US company, the last thing you want to see is the US fiscally retrench, while waiving around threats of default. That's about as anti- (big) business as it gets, especially if you're short-term focused.

The outspokenness of Jamie Dimon on the debt ceiling issue fits nicely in line with this.

And look at what Barney Frank told POLITICO:

“We have the leverage here,â€

"Do they think we're stupid?" - Barack Obama.

Originally Posted by ReggieMay

"Do they think we're stupid?" - Barack Obama.

Yes!!!!


Kathyet