July 6, 2004
WHO DOESN'T LOVE LAWYERS?
Business Elite Vows To Take On Kerry If He Taps Edwards (Alan Murray, July 6, 2004, Wall Street Journal)
Tom Donohue, head of the U.S. Chamber of Commerce, has made a public vow: If John Edwards is chosen as John Kerry's running mate, the chamber will abandon its traditional stance of neutrality in the presidential race and work feverishly to defeat the Democratic ticket. "We'd get the best people and the greatest assets we can rally" to the cause, he says.Posted by Orrin Judd at July 6, 2004 8:53 AMOther business leaders in Washington have been less public and less precise, but no less passionate. Reviewing the candidates in the Democratic primaries earlier this year, a Fortune 100 chief executive who is active in Washington told me that Mr. Edwards, the North Carolina senator, "is the one we fear the most" -- more than John Kerry, more than Dick Gephardt, more than Howard Dean. [...]
[M]r. Edwards is a trial lawyer. His campaign for the presidency was financed by trial lawyers. And there is nothing that makes America's CEOs see red these days like America's trial lawyers. "It's visceral," says one person who works with a group of chief executives. "You can feel it in a room." The nation's top executives view the plaintiff's bar as modern-day mobsters, shaking down corporations by bringing endless lawsuits that are too costly and too dangerous to litigate and that result in settlements costing billions to the corporate bottom line. The antipathy, while not new, has never been greater.
"This is not a personal issue and it is not a party issue," says Mr. Donohue. "It is not about getting Bush or Kerry elected. It is about something so fundamental to what we do here at the chamber that we can't walk away from it."
I eagerly await GEICO ueberboss and big-time Kerry supporter Warren Buffet's take on his selection of Edwards, who made a bunch of his fortune collecting insurance company settlements.
Posted by: John at July 6, 2004 9:23 AM
Gephardt with his protectionism wouldn't have been any better.
Posted by: Gideon at July 6, 2004 12:43 PMWell, it's Edwards. The "John-John Ticket", as KFI's morning drive-time crew have been calling it.
Will the CoC follow through on this pre-Edwards promise?
Posted by: Ken at July 6, 2004 12:49 PMWarren Buffet drank the hive's kool-aid a long time ago - he will support Edwards strongly, claiming that the Democrats know what it takes for small business to prosper.
Whenever I think of Buffet, I am reminded of a quote by Buckley, who wrote about the ease with which some vain old men are flattered back into their youth by slick younger men.
Posted by: jim hamlen at July 7, 2004 3:10 PM