The Business Roundtable is a group of CEO's of large corporations that have generally supported the Obama administration in its endeavors. For example, they supported Obamacare, although there were some provisions that they did not like.
Now things have just gone too far and the Business roundtable is bailing on Obama. Ivan G. Seidenberg, chief executive of Verizon Communications, said that the obamacrats are following policies the slow economic growth and "harm our ability . . . to grow private-sector jobs in the U.S."
"In our judgment, we have reached a point where the negative effects of these policies are simply too significant to ignore," Seidenberg said in a lunchtime speech to the Economic Club of Washington. "By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses."
How can anyone with half a brain be surprised by this. We have an administration which is hostile to the private sector where job creation takes place. They follow the true voodoo economics. Money just gets shoveled out the door to friends and cronies of the obamacrats and this is called stimulus instead of graft and corruption. Each act that congress passes seems to place new restrictions on commerce. Energy independence and environmentalism are used as excuses to shut off the flow of energy that powers this country.
November cannot come soon enough. The Obamacrats need to be dumped out on their asses. Unfortunately, we still have two and a half years of Obama and his traveling Socialist Circus.
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