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74% of CEOs Believe Obama Would Be Disastrous for the Nation
NewsBusters ^ | 10-9-08 | Noel Sheppard

Posted on 10/09/2008 9:01:46 AM PDT by kingattax

If a recent poll found that almost 75 percent of America's top business leaders felt that a McCain presidency would be disastrous for the nation, with some even stating that his proposals if enacted would bankrupt the country in three years, do you think media would have reported it?

Probably every hour on the hour until every American had heard about it, right?

Well, on Wednesday, with the nation in the middle of what is being regularly portrayed as the worst financial crisis since the Great Depression, Chief Executive magazine released its survey of 751 CEOs finding that 74 percent fear "an Obama presidency would be disastrous for the country."

Some CEO's went so far as claiming "[Obama's] programs would bankrupt the country within three years, if implemented"

Chief Executive magazine’s most recent polling of 751 CEOs shows that GOP presidential candidate John McCain is the preferred choice for CEOs. According to the poll, which is featured on the cover of Chief Executive’s most recent issue, by a four-to-one margin, CEOs support Senator John McCain over Senator Barack Obama. Moreover, 74 percent of the executives say they fear that an Obama presidency would be disastrous for the country.

“The stakes for this presidential election are higher than they’ve ever been in recent memory,” said Edward M. Kopko, CEO and Publisher of Chief Executive magazine. “We’ve been experiencing consecutive job losses for nine months now. There’s no doubt that reviving the job market will be a top priority for the incoming president. And job creating CEOs repeatedly tell us that McCain’s policies are far more conducive to a more positive employment environment than Obama’s.”

“I’m not terribly excited about McCain being president, but I’m sure that Obama, if elected, will have a negative impact on business and the economy,” said one CEO voicing his lack of enthusiasm for either candidate, but particularly Obama.

In expressing their rejection of Senator Obama, some CEOs who responded to the survey went as far as to say that “some of his programs would bankrupt the country within three years, if implemented.” In fact, the poll highlights that Obama’s tax policies, which scored the lowest grade in the poll, are particularly unpopular among CEOs.

Despite the poll's findings, from what I can tell, even though this study was disseminated by PRNewswire, it has garnered very little mainstream media attention.

Think that would be the case if these business leaders were so negative about McCain's economic policies?

No, I don't either!


TOPICS: Breaking News; Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2008; barackobama; ceo; democrats; economicpolicy; economy; election; electionpresident; elections; endorsement; financialcrisis; nobama08; obama; obamaeffect
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To: kingattax
[ 74% of CEOs Believe Obama Would Be Disastrous for the Nation ]

I see........... then 26% of them(CEO's) are MORONS..
or worse democrats..

41 posted on 10/09/2008 9:33:37 AM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole....)
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To: kingattax

The Obama Effect is causing the markets to tank. Why invest money when BO will take it from you to buy some bum a house?


42 posted on 10/09/2008 9:35:28 AM PDT by kittymyrib
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To: HappyinAZ

These same CEOs will give lots of money to their local incumbent congressmen and senators, who will likely be Democrats or RINOs who are only too happy to pass legislation favorable to the CEO’s organization that also happens to include more hidden funding for groups like ACORN. Gotta love out political system these days.


43 posted on 10/09/2008 9:36:06 AM PDT by dr_who
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To: 1035rep
Tax Policy Center:

I like the current reduce taxes, spend more plan. The out come is more transparent, predictable and they cant hide our money when there isn't any.

44 posted on 10/09/2008 9:37:04 AM PDT by Realism (Some believe that the facts-of-life are open to debate.....)
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To: MrB
They DON’T know what they’re talking about, and an 0bama election will be GREAT for our country.

Honestly, it doesn't take a CEO to know that Obama wants to destroy America. It only takes a rational mind.

45 posted on 10/09/2008 9:37:25 AM PDT by raybbr (You think it's bad now - wait till the anchor babies start to vote!)
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To: PeterFinn

Ignorance is bliss...they say.


46 posted on 10/09/2008 9:40:30 AM PDT by Osage Orange (" I did not have radical relations with that man, William Ayers. " -Barack Hussein Obama)
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To: raybbr
It only takes a rational mind.

And there's the problem..........

47 posted on 10/09/2008 9:41:15 AM PDT by Osage Orange (" I did not have radical relations with that man, William Ayers. " -Barack Hussein Obama)
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To: kingattax

Interesting on the infestation of socialism here on FR. Does not look good for the future of our country.


48 posted on 10/09/2008 9:44:19 AM PDT by Parley Baer
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To: kingattax

The MSM doesn’t want to talk to high achievers.

They are more interested in the homeless guy drinking cheap lager who agrees to go on camera and make a fool of himself.


49 posted on 10/09/2008 9:46:25 AM PDT by relictele
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To: kingattax
74% of CEOs Believe Obama Would Be Disastrous for the Nation

And the other 26% are either idiots or in Obama's earmark pocket.

50 posted on 10/09/2008 9:48:43 AM PDT by Allegra ( Go Sarah!)
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To: Winged Hussar

The other 26% were probably African-American...


51 posted on 10/09/2008 10:00:45 AM PDT by Usually_Disappointed (I think the tree of liberty is getting thirsty...)
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To: kingattax

Half the trouble with the stock market right now is investors afraid to take risks with Obama looming.


52 posted on 10/09/2008 10:13:15 AM PDT by cookcounty (Dismissing Ayers as a 1960's radical is like saying Barbara Walters was a 1960's TV dogfood salesman)
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To: jersey117

This is exactly why the market is tanking and I believe we can predict this election on where the market is going. If they see McCain will win this thing then I believe the market will go up.


53 posted on 10/09/2008 10:13:59 AM PDT by truthandlife ("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
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To: PeterFinn

I was going to say that CEO’s are well hated around here. Who cares what they think?


54 posted on 10/09/2008 10:23:16 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: HappyinAZ

They had better pony up some serious $$$ in Swing states, Senate races, Congressional Districts especially in swing states and contested legislative races. Some $$$$$ for Dino Rossi in Wa. governors race.


55 posted on 10/09/2008 10:23:35 AM PDT by CPT Clay (Drill ANWR, Personal Accounts NOW ,)
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To: HappyinAZ

They had better pony up some serious $$$ in Swing states, Senate races, Congressional Districts especially in swing states and contested legislative races. Some $$$$$ for Dino Rossi in Wa. governors race.


56 posted on 10/09/2008 10:23:41 AM PDT by CPT Clay (Drill ANWR, Personal Accounts NOW ,)
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To: truthandlife

Guaranteed if McCain is up in the polls the market goes up too.


57 posted on 10/09/2008 10:26:07 AM PDT by Boardwalk
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To: CPT Clay

sorry for double post.


58 posted on 10/09/2008 10:26:43 AM PDT by CPT Clay (Drill ANWR, Personal Accounts NOW ,)
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To: jersey117
No wonder the market is tanking.

Exactly. Look at McCain's Intrade chart over the last month and the DJIA chart.

59 posted on 10/09/2008 10:34:14 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: kingattax

Only 74%?


60 posted on 10/09/2008 10:42:10 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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