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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: Osage Orange
All you ever needed to know about the majority of American CEO's you can find out from their own organizational website: http://www.businessroundtable.org/

Study that for a while and then tell me how 'misunderstood' these jackals are.

61 posted on 10/09/2008 10:45:02 AM PDT by PeterFinn (NObama in NOvember.)
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To: jersey117

True. The market is worried Obama will become President. I hope these CEOs are donating to help McCain & the GOP.

Donate & volunteer.


62 posted on 10/09/2008 10:45:17 AM PDT by Frantzie
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To: Frantzie

Last I checked most of them are donating to both parties but the giving to Obama is eclipsing the giving to McCain by about 3 to 1.


63 posted on 10/09/2008 10:47:18 AM PDT by PeterFinn (NObama in NOvember.)
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To: kingattax
This is the kind of thing these CEOs should STFU about. It's going to win more votes for ODumbo.
64 posted on 10/09/2008 10:48:41 AM PDT by chimera
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To: kingattax

Word needs to go out as a drumbeat that the reason the stock market is continuing to fall is because investors are afraid of what will happen if Obama is elected.

E-mail it, blog it, get it into the currents of discussion.

Combine it with this news.


65 posted on 10/09/2008 10:50:25 AM PDT by bitterdfwrepub
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To: MrB

Carly Fiorina!


66 posted on 10/09/2008 10:54:37 AM PDT by Roccus (POLITICIAN.....................A four letter word spelled with ten letters.)
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To: Entrepreneur; PeterFinn

I see no difference.

Who is it that is paying politicians to allow illegal aliens to trash our nation and steal our citizenship from us?


67 posted on 10/09/2008 10:57:52 AM PDT by donna (HUD: Five Million Fraudulent Mortgages Held by Illegal Aliens)
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To: kingattax

Add me to the list.


68 posted on 10/09/2008 10:59:30 AM PDT by rightinthemiddle (Without the Mainstream Media, the Left is Nothing.)
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To: comebacknewt

The choice is between a second-rate fireman and a first-class arsonist- Thomas Sowell


69 posted on 10/09/2008 11:01:18 AM PDT by Inwoodian
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To: PeterFinn
My whole point is....you are looking at a web site that apparently has 160 members.

Do you know how many CEO's are in this country?

70 posted on 10/09/2008 11:01:36 AM PDT by Osage Orange (" I did not have radical relations with that man, William Ayers. " -Barack Hussein Obama)
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To: PeterFinn
BTW....

Hint: 160 isn't a majority.

71 posted on 10/09/2008 11:02:17 AM PDT by Osage Orange (" I did not have radical relations with that man, William Ayers. " -Barack Hussein Obama)
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To: chimera
We need to educate the idiots who support Obama that it's the BIG companies and corporations who provide jobs for us.

And I have no doubt Wall Street is tanking because they sense an Obama victory..

sw

72 posted on 10/09/2008 11:02:51 AM PDT by spectre (Spectre's wife (Is He "that one"?)
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To: kingattax

And the other 25% who support Obama thinks SOCIALISM IS BETTER THAN CAPTALISM???


73 posted on 10/09/2008 11:04:07 AM PDT by RetiredArmy (The fire of liberty, freedom and America as founded burn strong in my heart!)
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To: Stayfree

Also sent to McCain campaign, Weekly Standard, Newsmax and more!


74 posted on 10/09/2008 11:06:07 AM PDT by Stayfree (*********************************************IF IT IS LEFT, IT CAN'T BE RIGHT!!)
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To: saltydog11

yes, what is up with that first sentence in the article? It says “McCain”, not “Obama”


75 posted on 10/09/2008 11:06:15 AM PDT by Pondo
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To: kingattax

ping


76 posted on 10/09/2008 11:06:51 AM PDT by SideoutFred (B.O. Stinks...it really does)
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To: Osage Orange

You need to learn more about the influence of this group before you dismiss what I’ve said.


77 posted on 10/09/2008 11:08:20 AM PDT by PeterFinn (Barack HUSSEIN Obama. If the libs don't like his name then why support him?)
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To: spectre
I was alluding more to the mood of the country regarding CEOs in general. They aren't exactly on most people's list of favorite people right now. We don't need yet another reinforcing of the public perception of being the party of choice for CEOs (and stockbrokers and financial wheeler-dealers).
78 posted on 10/09/2008 11:09:41 AM PDT by chimera
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To: kingattax

Not surprised. Now is not the time for us to be wasting money on Obama’s expensive programs.

Also, a word to the clueless (DU lurkers mostly):

While there are a few rotten CEOs out there, most are pretty clean. Treating all CEOs as part of some evil entity that must be brought down is retarded.


79 posted on 10/09/2008 11:11:29 AM PDT by NinoFan
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To: kingattax

If he promised to give the CEOs golden parachutes as part of a bailout package, they would be fine with him.


80 posted on 10/09/2008 11:12:11 AM PDT by Unlikely Hero ("Time is a wonderful teacher; unfortunately, it kills all its pupils." --Berlioz)
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