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Wall Street Journal: Corporations are Scared of John Edwards [View All]

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WhoCountsTheVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-27-04 01:56 PM
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Wall Street Journal: Corporations are Scared of John Edwards
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Edited on Tue Jan-27-04 01:58 PM by WhoCountsTheVotes
From today's edition, "Political Capital" by Alan Murray (one of their best columns): (WCTV commentary in parenthesis)

www.wsj.com

Senator Kerry isn't the candidate who scares inhabitants of corporate boardrooms most (ha! wonder why?). Nor is it hot-tongued Howard Dean. That honor (and yes it is an honor) goes instead to NC Senator John Edwards. Sen. Edwards has been relentlessly positive in his campaign, focusing on helping the workers, not hurting corporations. But he is a former trial lawyer, financed by trial lawyers. If organized labor was the antithesis of big business in the 1970s, trial lawyers occupy that post today. (Not a good thing, but I'll work with what we've got)

...

The new populism could prove an effective campaign tactic ... It certainly targets some ills worth of attention. Corporate tax shelters have reached startling proportions, corporate subsidies should be on the cutting board and CEO compensation has gone beyond all reason. (Look, they admit it themselves)

But the rift between Democrats and corporate American is dangerous for both....Corporate America needs friends on both sides of the aisle. If it ties too closely to the Republicans, it could face retribution when the winds change.

____

WCTV: Allow me to play weatherman, WSJ. The winds have changed, and retribution is closer than you think. Your gated communities won't help you.

"Watch out, you rich people, weep and wail over your impending miseries...the wages of the workers that you kept back through fraud will be used as evidence against you, and the cries of the workers have reached the ears of God." James 5


I am a Dennis Kucinich Democrat. My vote is transferable to John Edwards and Al Sharpton!!


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