20081025

Business: Dems vs. Reps

As an Obama victory looms likely, along with a possibility of a democratic filibuster proof majority, business are stepping in the fray against the Dems. All the more reason to believe that despite the economic crisis, business people believes the Reps are better for business. Is the reason predicated on tax schemes? Actually no. The reason is because the Dems are anti-democratic when it comes to union voters.

Firstly, the Chamber of Commerce acts to shore up GOP Senators:
The nation's largest business lobby, the U.S. Chamber of Commerce, has raised ire among Democratic leaders for pouring millions of dollars into an advertising push to prevent the party from winning dominance in the Senate next year.

The Chamber says it has raised enough money this year from corporations to spend about $35 million on the election, double its budget for House and Senate races in the 2006 election. The group is supporting pro-business candidates, almost exclusively Republicans in contested Senate races.

Business executives fear that Democrats, bouyed by heavy spending from organized labor, could gain enough muscle in the Senate to spark policies favoring increased unionization, higher taxes, more restrictions on trade and more regulation on the financial-services and housing sectors.


Secondly, individual retailers acts on their store managers:
Retailers are meeting with store managers to warn how a strong showing for Democrats in the Nov. 4 election could cause what they fear would be more economic pain for their companies, in particular by potentially making it easier for unions to organize stores.

The companies are worried about presidential candidate Sen. Barack Obama's stated support for the Employee Free Choice Act, which would do away with secret balloting and allow unions to form if a majority of employees sign cards favoring unionization. The legislation, retailers fear, would have improved chances of becoming law under a Democratic administration.

The legislation passed the House last year but died amid a Senate filibuster and a threatened presidential veto. The issue in this election is whether Democrats, who hold a 51-49 majority in the Senate, can win the presidency and gain enough seats to prevent Republicans from using procedural motions, such as filibusters, to thwart legislation.

The bill was crafted by labor as a response to more aggressive opposition by companies to union-organizing activity and as a way to shield workers from antiunion pressure from their employers.

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