Obama's closest ally in the business community throws him under the bus

[Gaspar]

http://www.washingtonpost.com/wp-dyn/content/article/2010/06/22/AR2010062205279.html

Ivan G. Seidenberg, chief executive of Verizon Communications, said that Democrats in Washington are pursuing tax increases, policy changes and regulatory actions that together threaten to dampen economic growth and "harm our ability . . . to grow private-sector jobs in the U.S."

"In our judgment, we have reached a point where the negative effects of these policies are simply too significant to ignore," Seidenberg said in a lunchtime speech to the Economic Club of Washington. "By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses."

[guido911]

http://www.washingtonpost.com/wp-dyn/content/article/2010/06/22/AR2010062205279.html

Ivan G. Seidenberg, chief executive of Verizon Communications, said that Democrats in Washington are pursuing tax increases, policy changes and regulatory actions that together threaten to dampen economic growth and "harm our ability . . . to grow private-sector jobs in the U.S."

"In our judgment, we have reached a point where the negative effects of these policies are simply too significant to ignore," Seidenberg said in a lunchtime speech to the Economic Club of Washington. "By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses."

This guy is obviously a racist.

[dbacks fan]

This guy is obviously a racist.

not taking the bait

[Gaspar]

Probably just angry about Steve Jobs deal with AT&T. 

Obama was supposed to fix that as part of the trade for his support.

[heironymouspasparagus]

Please clarify one aspect of this for me, oh, sage ones...

So, if these top earners were to pay something a little closer to what us "small people" pay (40% versus their 16%) it means an increasingly hostile environment for investment and job creation.

Is that what is being said?