chamber of commerce

U.S. Chamber of Commerce vs. Democrats

I think the chamber of Commerce knows a thing or two about how economies are built and destroyed. They clearly see a danger in letting the Democrats run away with the government. From the WSJ…

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

The Chamber has spent $10 million on advertising on behalf of pro-business candidates in tight races since the end of August. No other single organization has spent more on Senate races, according to data collected by the Federal Election Commission. The Chamber says it will spend millions more in the final weeks of the campaign.

The Washington-based Chamber represents three million U.S. business and most of the thousands of local chambers of commerce from around the country. The lobbying federation says it doesn’t favor either party, but backs “pro-business candidates” from both. It has no legal obligation to be nonpartisan.

Overall, U.S. businesses tend to contribute similar amounts to Democrats and Republicans in their direct giving to candidates and political parties. Through Sept. 30, companies and their political action committees donated $129.6 million to Democrats and $132.6 million to Republicans.

The Chamber of Commerce is attempting to counteract another major font of funding and influence — the $300 million that organized labor will spend on campaigns during this election cycle, most of it aimed at persuading unionized workers to vote Democratic. Much of that money has gone directly to campaigns: Through Sept. 30, labor unions and their political action committees have given $52.3 million to Democrats and $4.8 million to Republicans, according to data compiled by the nonpartisan Center for Responsive Politics.

Yet another in a very long line of singularly decisionable proofs that Obama and the Democrats are wrong for America. Combine them and I’m shocked that Obama has any but the far-Left sideshow vote.

American fence-sitters are letting temporary emotion and hot-air speech-writing rule the election cycle, rather than substance, experience, and sound policy to our very painful downfall if Obama and and Democrat candidates win.