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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThis is the sick status quo. Obama opens White House doors to forge CEO alliances
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The president and his top advisers have kept an open door for CEOs of Fortune 100 companies, keeping almost 1,000 appointments with them, a Reuters review of White House records shows. Of the hundreds of appointments listed, Obama himself was present at about half, ranging from intimate Oval Office gatherings to lavish state dinners. Obama is the first U.S. president to make White House visitor logs public.
"That number is the tip of the iceberg," said Valerie Jarrett, Obama's longest-serving senior adviser who runs his Office of Public Engagement. The president and his aides also regularly meet with representatives from the rest of the Fortune 500, as well as small- and medium-sized businesses, both in Washington and around the country, she said. The Reuters review included only the Fortune 100 list of largest companies, and was limited to White House meetings.
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"I do take a fair amount of grief from Republican colleagues who think that I've just like totally lost my mind," said Honeywell International Inc's David Cote, 63, the most frequent CEO visitor to Obama's White House, having turned up more than 50 times.
Cote was part of a high-profile commission on the nation's debt in 2010 and serves on another advisory panel on technology and manufacturing. He said he thinks CEOs should not delegate their responsibility to help politicians understand business. "You've got to be able to talk about this stuff and have both sides understand the needs of the other," he said.
Cote, a life-long Republican, said he doesn't always agree with Obama but enjoys talking with him, calling him "a very smart guy" who doesn't get enough credit for his work on the economy. For Obama and his advisers, spending time with CEOs means gaining valuable insights, while gaining support for various policies. For CEOs, White House encounters may produce tangible business benefits, not to mention providing an opportunity to hobnob with the most powerful man in the world.
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http://news.yahoo.com/obama-opens-white-house-doors-forge-ceo-alliances-120931670--sector.html
The business of America is business. And corporate interests really do outweigh public interests. By a huge margin.
Doctor_J
(36,392 posts)He doesn't have to pretend to be conservative any more, ya see. He's giving the billionaires enough rope to hang themselves. He's playing chess and by the end we'll think FDR has been reincarnated.
Kermitt Gribble
(1,855 posts)Scuba
(53,475 posts)2naSalit
(86,646 posts)Tierra_y_Libertad
(50,414 posts)Darb
(2,807 posts)Uh, I think these people employ a lot of people. oh yeah, and I am certain that they are the only people that ever get into the White House too. Only leaders of large employers get into the White House.
What a weak strain of sauce this is. Corporate interests can also be the peoples interest, duh. Unless you want the government to employ everyone. Is that what you want?
Incessant whining about business is one reason we cannot convince people that we are not socialists or communists. There is common ground.