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New jobs are being withheld by corporate America to force Obama out of office. Is political posturing and the failure to compromise ruining our country?

the_old_coach 2012/06/29 15:35:03
I noticed this in an article this morning about the recent SCOTUS decision on Healthcare:

U.S. corporations are sitting on more than $1.2 trillion in cash - $3.5 trillion counting the financial sector - that has not been deployed, in large part due to anxiety over health care, the looming fiscal cliff in Washington, and the European debt crisis.

The Supreme Court decision "increases the likelihood that businesses will continue to hold onto that cash to see how the election turns out," said Greg Valliere, chief political strategist at Potomac Research Group in Washington, D.C. "If Romney wins, he will overturn the Affordable Care Act within days of his inauguration on Jan. 20. Therefore, the reluctance of businesses to spend and hire will persist at least through the election."


http://finance.yahoo.com/news/businesses-didnt-health-care-ru...

Where are the jobs? They are being withheld for political purposes. The American people are being held hostage by corporate America to force Obama out of office.

Even though we want Obama out, is it really the right thing to do--to disallow the functioning of the government and ruin people's lives--in order to achieve those goals?

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  • Pele Emerging 2012/06/30 22:11:08
    Pele Emerging
    +1
    Corporate greed will be the ruin of this country. How many banks accepted billions of dollars only to keep on foreclosing on the little folks.
  • the_old... Pele Em... 2012/07/01 01:21:50
    the_old_coach
    +1
    "...only to keep on foreclosing on the little folks."

    The same "little folks" that bailed them out!
  • Pele Em... the_old... 2012/07/01 01:31:39
    Pele Emerging
    +1
    Exactly! It was supposed to help those who the banks screwed up front, but they kept on screwing them. Took the bailout money, but only used it to line their pockets.
  • the_old... Pele Em... 2012/07/01 01:34:34
    the_old_coach
    +1
    The Banks are still laughing. Romney thinks they are STILL regulated TOO MUCH.

    Lord have mercy.
  • Pele Em... the_old... 2012/07/01 01:49:30
    Pele Emerging
    +1
    All of corporate America is laughing. The real joke is that it won't really matter to either whether Romney or Obama is elected. It will be business as usual for them.
  • the_old... Pele Em... 2012/07/01 19:44:21
    the_old_coach
    +1
    TRUTH!
  • Pele Em... the_old... 2012/07/01 21:30:13
    Pele Emerging
    +1
    I keep wondering when they have all the money and have bankrupted the rest of America, who they think is going to buy their crap?
  • the_old... Pele Em... 2012/07/01 21:43:44
    the_old_coach
    +1
    Truly. It blows what little mind I have left, hahahaha!
  • Pele Em... the_old... 2012/07/01 21:45:32
    Pele Emerging
    +1
    Maybe they envision a return to feudalism.
  • METALheadMom 2012/06/30 21:00:30 (edited)
  • Lady Whitewolf 2012/06/30 10:44:52
    Lady Whitewolf
    +1
    HELL OT THE YES!!!
  • BOOGIE-WOOGIE-MUSIC-MAN-ROC... 2012/06/29 18:22:24
    BOOGIE-WOOGIE-MUSIC-MAN-ROCK-N-R
    +1
    Tourism Good food, and shopping. everybody that has money, is shaking it around, everybody I know has a mind of their own. even the corporate. people are enjoying the beaches right now.
  • MW121 2012/06/29 16:13:33
    MW121
    +2
    It's not all political.. During this time many small businesses especially have realized that they can be more profitable, be more efficient and still grow with less. Using part time as well as sending things to get done outside vs hiring someone as an employee has been a huge cost savings.. No one can run a business with the environment that we are living, taxes here, gone, back again.. no one knows what's going on.. so everyone has figured out how to make their current status work and not have to hire.
  • cutter's falls 2012/06/29 16:12:38
    cutter's falls
    +1
    so saving for that tax man who is comming is a bad thing?
    I hear having a rainy day fund for say umm 3 monthes for unexpected items that may arise is a good thing
    only difference I see is the dollar amount between a individual and a business

    let's see, invest in green jobs which was never there in the first place while
    lamblasting the Chamber of Commerce

    obama is so anti-business he's gonna need to envoke Excutive Privledge
  • U-Dog 2012/06/29 16:12:28
    U-Dog
    +1
    "Where are the jobs? They are being withheld for political purposes. The American people are being held hostage by corporate America to force Obama out of office."

    It is Obama and the dems causing this... Corporations do not sit on money just to get rid of a politician when there is a tidy profit to be made... But what nut is going to stick their neck out and be the first to risk capital trying to navigate the regulatory/economic mine field that Obama and the dems have laid out? Obama is a piss poor leader who does not inspire confidence and he has also shown a severe contempt for business and the profit motive but I am sure that is all Bush's fault too LOL.
  • Dagon 2012/06/29 15:44:45
  • HarleyCharley 2012/06/29 15:35:40
    HarleyCharley
    +1
    yes....

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2013/05/19 15:55:32

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