Comments on: Chamber of Commerce: We’re in a recession.

By: bigeugene

bigeugene — Fri, 07 Nov 2008 00:49:35 +0000

I love how they come out and tell us all something we’ve know for months. Idjits.

By: Buckie Boy

Buckie Boy — Fri, 07 Nov 2008 00:33:37 +0000

Oh my gosh, REALLY…I couldn’t tell.

/double snark

By: ElBruce

ElBruce — Thu, 06 Nov 2008 22:53:41 +0000

Ah, swift and decisive government action. Your tax dollars at work.

A nation responds: “no shit, Sherlock!”

By: MapleStreet

MapleStreet — Thu, 06 Nov 2008 22:37:10 +0000

THE FUNDAMENTALS OF THE ECONOMY ARE STRONG.

Well, I tried.

By: stateofthedivision

stateofthedivision — Thu, 06 Nov 2008 22:27:48 +0000

Here’s the other odd thing about the Chamber of Commerce. In the last decade the “Job Multiplier” effect disappeared. The “Dollar Extender” impact of inexpensive foreign goods took its place.

Now, with Big Auto in trouble the reverse Job Multiplier returned. Should a Big Three automaker fail, it could cost 1.5 million jobs.

Over 2 million U.S. jobs went to China during the Bush administration and not a peep from the Chamber.

What does the Chamber want? Do they want to help workers or investors, i.e. the owners of Ford, Chrysler and GM.

John Snow’s Cerberus Capital owns Chrysler and GMAC Capital. They want a rescue. Will Treasury Chief Hank Paulson help his predecessor?

By: Anacher Forester

Anacher Forester — Thu, 06 Nov 2008 22:24:08 +0000

Now the election is over, you’ll see all of these Republican-heavy business groups crying recession. They’re angling for Bush & Paulson to cut them a piece of sweet bailout pie before Obama steps in.

So let’s meet the the US Chamber of Commerce Board of Directors. Via OpenSecrets.org I’ve tallied their total political contributions to Republicans and Republican PACS since 2000.

Thomas Donohue – President and CEO: $19,600
Donald Shepard – Chairman: $69,000
Robert Milligan – Vice Chairman: $16,925
Paul Speranza – Past Chair/Exec. Committee Chair: $2000
Steve Van Andel – Treasurer: $12,250

Only Donahue has contributed any money to Dems. He gave a grand each to Feinstein (03) & Schumer (01).

Also, when I was up in Boston last month I too saw USCoC ads attacking Jeanne Shaheen. Those spots hit saturation level. It was disgusting.

-AF
Andrew Sullivan Is A Fraud

By: ebbAndflow

ebbAndflow — Thu, 06 Nov 2008 21:47:37 +0000

Generally “cash on hand” means readily available.
In earthquake country it means to have on your person or stashed where you can put your hands on it at a moments notice. If the electricity goes out so does the ATM, meaning you’d be unable to get cash.

By: stateofthedivision

stateofthedivision — Thu, 06 Nov 2008 21:35:36 +0000

“Recession” is true, but the Chamber intends on using this designation to push their business friendly agenda.

Shift health insurance benefit to employee
Stop 401k matching, freeze pensions
Cut corporate income taxes
Cut capital gains taxes
Ensure corporations get majority of coming economic stimulus package

It’s in play. Lobbyists are in red and blue offices making their case.

By: katy

katy — Thu, 06 Nov 2008 21:13:40 +0000

you didn’t answer my question, tokin…
but thanks anyway…

By: sectionop92

sectionop92 — Thu, 06 Nov 2008 21:07:26 +0000

trollsbwild Says:

Gee, thanks for telling us. BTW. tell Phil Gramm we are not whiners.

Yeah, “whiners” who voted Gramm’s policies to stay home for the next four years.

By: sectionop92

sectionop92 — Thu, 06 Nov 2008 21:06:34 +0000

Dr. Hussein Matt

If those idiots think this nation has been “captured” by communists, they need to look at the map to see where all these “Marxist sympathizers” live. San Francisco and Boulder viewpoints didn’t beam themselves into everyone elses heads, like chucklehead radio bile hosts make their sheep believe!

By: pete

pete — Thu, 06 Nov 2008 21:04:22 +0000

And those damn Democrats tricked Chimpy into invading Iraq.
sarc/off

By: trollsbwild

trollsbwild — Thu, 06 Nov 2008 21:02:45 +0000

Gee, thanks for telling us. BTW. tell Phil Gramm we are not whiners.

By: tokin librul

tokin librul — Thu, 06 Nov 2008 21:01:10 +0000

katy Says:
serious question:
by “keep cash on hand”, does that mean actual cash bills,
or a checking account?
November 6th, 2008 at 3:51 pm

Me? I put all my liquid assets in a credit union. They’re mostly safe, conservative, local, community investors.

By: LiberalVoter

LiberalVoter — Thu, 06 Nov 2008 20:59:52 +0000

When will Dana Perino deny it?

By: tokin librul

tokin librul — Thu, 06 Nov 2008 20:59:29 +0000

Considering REAL unemployment’s been at or over 7% for over five years, that’s not a tough prediction to make, cully….

By: sectionop92

sectionop92 — Thu, 06 Nov 2008 20:56:12 +0000

Uncle Ho Says:

sectionop92; Actually, the Chamber of Commerce has called for a press conference at 9 pm EST. Rumor has it they will announce that day is light and night is dark.

snark

I hear the Better Business Bureau has another presser an hour later to discuss the merits of ice cream and popsicle franchises in the northern arctic due to the rise in temperature there.

By: paleolib

paleolib — Thu, 06 Nov 2008 20:53:18 +0000

Surely it is just a coincidence that the U.S. (Right Wing) Chamber (Republican) of (Rich People) Commerce waited until two days after the election to admit the economy is in the dumper.

By: Briseadh na Faire

Briseadh na Faire — Thu, 06 Nov 2008 20:53:14 +0000

Could it be that the sucking sound from the stock exchange is from the super elite transfering their wealth to offshore accounts?

By: Uncle Ho

Uncle Ho — Thu, 06 Nov 2008 20:52:28 +0000

Dr. Hussein Matt; Obama’s fault. Clinton is oh so yesterday.